Platinum Insider Stays in the Game, Anticipating Higher PricesA platinum Insider hasn't changed portfolio yet, so there's still potential for more growth.
Let me remind you, on September 4th, an insider came into the Platinum market and went long, which caused the price of Platinum (and other precious metals) to go up.
Now, prices are getting close to his target levels. This is important because it shows the market's future direction. The Insider know when to get in and when to get out. And we can watch them to see what he is doing.
If you don't have the time or inclination to read stock reports, just follow us. We cover all the important stuff and provide valuable insights every day.
Optionstrader
DAL Delta Air Lines Options Ahead of EarningsIf you haven`t bought the dip on DAL:
Now analyzing the options chain and the chart patterns of DAL Delta Air Lines prior to the earnings report this week,
I would consider purchasing the 50usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $3.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
MIDCPNIFTY Hits 3 Targets in Short Trade – TP4 Awaiting!In this short trade on the MIDCPNIFTY, three targets have already been met, reaching up to TP3 at 12605.25. We are currently watching for TP4 at 12499.35 to be achieved.
Key Levels
Entry: 13053.70 – A strong bearish signal triggered this short entry.
Stop-Loss (SL): 13139.35 – Positioned above the entry to protect from upward movements.
Take Profit 1 (TP1): 12947.85 – Achieved as part of the initial downward momentum.
Take Profit 2 (TP2): 12776.55 – Hit following sustained selling pressure.
Take Profit 3 (TP3): 12605.25 – Reached as bearish momentum continues.
Take Profit 4 (TP4): 12499.35 – The final target, currently awaited.
Trend Analysis
The price remains comfortably below the Risological Dotted Trendline, confirming a strong downward trend. Three targets have already been hit, and further downward momentum could see TP4 being reached.
Gold's Next Big Move: Analyzing the $2825 Strike and Insider ActLet me start with a disclaimer that I firmly believe in and adhere to: don’t flip the trend; leave that to those who are just here to play around and get their adrenaline fix while watching their accounts explode.
Now, let’s get down to business.
On August 5, 2024, when gold was languishing in a sideways market around $2400 on the CME, an insider option portfolio dubbed the "Call Butterfly" emerged, set to expire on February 25 of the following year. The central strike of this portfolio was chosen at $2825. Due to the nature of such an options portfolio, this specific price level will yield maximum profit at expiration.
To keep the readers engaged and prevent them from dozing off, let me add that the risk-reward ratio for this portfolio is already 1:4. The Insider can choose to close it, but they are under no obligation to do so and can comfortably watch the value of their portfolio rise as it approaches the $2825 mark based on the April futures—don’t confuse this with the spot price of XAU.
Clarifying the Price Dynamics
It's important to clarify that there is a difference between the spot market price, particularly XAU/USD, which forex traders are so accustomed to—thanks to its uninterrupted price movement due to the absence of futures expiration—and the futures price, which includes forward points. Currently, the price of Gold in April futures stands at $2784, just a hop away from the coveted insider portfolio price of $2825.
Why the Confidence in Insider Activity?
Several indicators suggest this is indeed an insider move:
Portfolio Volume: A whopping 9,000 contracts in a distant options series at a far-off strike can only be purchased by a major player, not any average retail trader.
Market Entry Timing : The entry point was during a sideways market, and the news backdrop was, to put it mildly, not in gold's favor.
Immediate Market Reaction: Almost immediately after entering the market, Gold began to climb, doing so with minimal pauses or significant corrections.
Why Bring This Up Now?
You might wonder why I’m highlighting actions that have already occurred, especially since the opportunity to profit from them has passed. The answer is clear: the insider knew when and in which direction to enter, and his exit will likely follow a predictable pattern, leaving traces in the CME reports. If the insider decides to exit, there will be justifiable reasons behind it, which we will only learn about long after the fact.
Starting today, I will actively monitor and analyze the daily reports on gold and specifically this portfolio. Practical experience and statistics suggest that this will provide excellent sentiment regarding the future of the precious metals market.
Good luck to everyone! Stay focused, stay disciplined, and stay committed to your goals.
IBM International Business Machines Options Ahead of EarningsIf you haven`t bought IBM before the previous earnings:
Now analyzing the options chain and the chart patterns of IBM International Business Machines prior to the earnings report this week,
I would consider purchasing the 250usd strike price Calls with
an expiration date of 2025-3-21,
for a premium of approximately $8.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ALLY Ally Financial Options Ahead of EarningsAnalyzing the options chain and the chart patterns of ALLY Ally Financial prior to the earnings report this week,
I would consider purchasing the 36usd strike price Calls with
an expiration date of 2024-10-25,
for a premium of approximately $1.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
TIGR UP Fintech Holding Limited Options Ahead of EarningsIf you haven`t bought TIGR before the previous earnings:
Now analyzing the options chain and the chart patterns of TIGR UP Fintech Holding Limited prior to the earnings report this week,
I would consider purchasing the 4usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $0.72.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
UNFI United Natural Foods Options Ahead of EarningsAnalyzing the options chain and the chart patterns of UNFI United Natural Foods prior to the earnings report this week,
I would consider purchasing the 17usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $1.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
WFC Wells Fargo & Company Options Ahead of EarningsIf you haven`t bought the dip on WFC:
Now analyzing the options chain and the chart patterns of WFC Wells Fargo & Company prior to the earnings report this week,
I would consider purchasing the 51usd strike price Puts with
an expiration date of 2024-11-1,
for a premium of approximately $0.24.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ACN Accenture plc Options Ahead of EarningsIf you haven`t bought ACN before the previous earnings:
Now analyzing the options chain and the chart patterns of ACN Accenture plc prior to the earnings report this week,
I would consider purchasing the 340usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $11.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
MKC McCormick & Company Options Ahead of EarningsAnalyzing the options chain and the chart patterns of MKC McCormick & Company prior to the earnings report this week,
I would consider purchasing the 85usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $1.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Options Trading PrimerTradingView has recently introduced the Options Strategy Builder, a powerful tool designed to help you learn the mechanics of options trading and create efficient strategies. In this video, I explain the basics of options trading and demonstrate how to use the Strategy Builder. This video is helpful for those who are new to options but wish to explore this area.
COST Costco Wholesale Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of COST Costco Wholesale Corporation prior to the earnings report this week,
I would consider purchasing the 907.5usd strike price Calls with
an expiration date of 2024-9-27,
for a premium of approximately $20.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
VFS VinFast Auto Options Ahead of EarningsIf you didn’t short VFS before the major selloff:
Now analyzing the options chain and the chart patterns of VFS VinFast Auto prior to the earnings report this week,
I would consider purchasing the 5usd strike price Puts with
an expiration date of 2024-12-20,
for a premium of approximately $1.97.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
DOCU DocuSign Options Ahead of EarningsIf you haven`t bought DOCU before the previous earnings:
Now analyzing the options chain and the chart patterns of DOCU DocuSign prior to the earnings report this week,
I would consider purchasing the 59usd strike price Puts with
an expiration date of 2024-9-6,
for a premium of approximately $2.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
PATH UiPath Options Ahead of EarningsIf you haven`t bought PATH before the previous earnings:
Now analyzing the options chain and the chart patterns of PATH UiPath prior to the earnings report this week,
I would consider purchasing the 13usd strike price Puts with
an expiration date of 2024-9-20,
for a premium of approximately $1.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Option Chain Before Earnings - $NVDA huge CALL skewThis week, keep an eye on NASDAQ:NVDA , which will release its quarterly earnings on Wednesday.
Here are this week’s earnings releases implemented by the TanukiTrade Options Overlay indicator for Tradingview:
08/28 Wednesday after market close: NVDA , CRWD , CRM
08/29 Thursday after market close: MRVL
The Options Overlay indicates that NVDA's call skew is above 55% at 54DTE, meaning that CALL options are priced 55% higher than PUT options for the binary expected move distance .
This suggests that the market is pricing in a strong upward move.
The yellow curve represents the binary expected move, while the blue curve shows the 16-delta OTM options. The green rectangle highlights the area where you can potentially profit from the butterfly trade if the earnings report meets bullish market expectations.
Upward price levels:
7/8 - 138
8/8 - 150
Downward price levels:
6/8 - 125
5/8 - 112
If you agree with the market’s bullish sentiment, one of the best R:R trades might be a directional NVDA call butterfly. You can buy it for $109 with the nearest Friday expiration, with a maximum (theoretical) profit of nearly $900. It’s worth executing this trade before the earnings announcement. Note that the green dashed line is theoretical; while it's not a traditional trendline according to classic TA, the long-term upward trend is still quite clear
Expiry: Aug 30
Legs: 1x140C -2x150C + 1x160C
Net debit: ~$100
Max profit: $890
CSIQ Canadian Solar Options Ahead of EarningsIf you haven`t sold CSIQ before the previous earnings:
Now analyzing the options chain and the chart patterns of CSIQ Canadian Solar prior to the earnings report this week,
I would consider purchasing the 13usd strike price Puts with
an expiration date of 2024-9-20,
for a premium of approximately $0.43.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
$GLD Breakout and Option Strategy Spotlight with Overlay
It looks like GLD 0.44%↑ finally broke out of its sideways-upward channel on Friday. Time to explore some opportunities using our Options Overlay indicator on TradingView.
The current IVR is at 84, while the 62 DTE average IVx is only 19.9, making this IVx level exceptionally high for gold over the past year. On the daily chart, the Gold ETF is trading between the 6/8 and 7/8 levels. The options chain shows that calls 62 DTE are about 130% more expensive, indicating a strong bullish sentiment in the market.
Examining the standard expected move (STD1), even at 4 DTE, the upside target is 237 (7/8), with the downside at 6/8. The delta curve shows the 16 delta OTM call trending upwards toward the 8/8 level, which aligns with the 250 level. Given this, I would caution against buying single-leg calls at such inflated prices. A pullback could dramatically reduce their value, and time decay will work against you. If you're determined to go bullish, a simple CALL butterfly offers a better risk-reward ratio!
GLD Bullish strategy - if we are expecting rising IV
Assuming further IV increases (IVx rose by 2% over the last 5 days despite a drop in VIX and a rise in the underlying), a CALL calendar spread presents a solid R:R setup.
The Options Overlay quickly highlights the optimal expiry dates to target: Sep 20-27. I noticed a 4% volatility skew between these dates. The standard expected move (STD1) and delta16 suggest an upward probability range capped at 245, meaning there's an 86% chance that AMEX:GLD stays below this level by Sep 20.
Here's my setup in this case: GLD Sep 20th - Sep 27th 245 Calendar Call Spread.
This spread, spotted in under a minute on TradingView, offers nearly 8x risk-reward, but it's beneficial only if you're betting on continued IV increases.
NVDA Nvidia Buy the Dip OpportunityIf you haven`t bought NVDA before the breakout:
It's important to note that the leading company in Artificial Intelligence is currently trading at a Forward P/E ratio of 29.48. This valuation suggests it might be relatively inexpensive for investors considering a long-term position. Given the company's strong market position and growth potential in the AI sector, this could be an opportune time to enter, especially if you believe in the sustained growth and innovation of the industry. The Forward P/E ratio is a key indicator of expected future earnings and, at this level, it indicates that Nvidia is reasonably priced in comparison to its future earning potential.
My price target for the end of the year is $140-145.
GLNG Golar LNG Limited Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GLNG Golar LNG Limited prior to the earnings report this week,
I would consider purchasing the 34usd strike price Calls with
an expiration date of 2024-9-20,
for a premium of approximately $1.57.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
$BABA volatility pricing skew on CALL side before earningsThe high vertical CALL pricing skew on the options chain shows that the CALL options for the September expiration are already much more expensive than the PUT options at the same expected move distance. This suggests that market participants are pricing in an upward move.
Let's take a closer look at the probability curve formed by the options chain. I'm very curious to see whether the 8/8 to +1/8 quadrant line will hold the price for BABA, or if it will continue to surge into the Upper Extreme quadrant, heading towards +4/8 until $100.
If everything stays the same, something like this could be an interesting lottery ticket for me. I'm thinking about an OTM call butterfly with a short expiration before earnings.
I have to admit, I’m not a big fan of risking on this red/black roulette type of play, but if things stay as they are, I might consider combining it with a 40 or 68DTE credit put ratio below and the call butterfly above before earnings.
But we'll see how things look on the day before earnings!