UNFI United Natural Foods Options Ahead of EarningsAnalyzing the options chain and the chart patterns of KBH KB Home prior to the earnings report this week,
I would consider purchasing the 20usd strike price Calls with
an expiration date of 2024-2-16,
for a premium of approximately $2.12.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Optionstrading
SPX Weekly Outlook ending Sep 29We have 3 gaps below to 4000-3960. Right now the support area is sitting at 4300-4260 where SPX is indicating we will test this upcoming week. We do have a gap above at 4400 that I expect a possibility to be filled if bears cover.
4300 hold we could bounce back to 4355-4400.
4300 break we test 4260 then 4200 followed by 4100 4000 then 3960.
SPY S&P 500 etf Options expiring next weekIf you haven`t bought puts ahead of the FED`s Interest Rate Decision last week:
Which happen to end up 4.18X higher after the Federal Reserve suggested the likelihood of another rate increase in the near future.
Then you need to know that SPY is approaching an oversold area.
And historically, as you can see in the RSI chart, in these areas technical players tend to buy the dip, anticipating a technical rebound.
In this context, and looking into the options chain, I would consider the following Calls expiring next Friday:
2023-9-29 expiration date
$430 Strike Price
$4.38 Premium
Looking forward to read your opinion about it!
MSTR MicroStrategy Puts and the Cryptocurrency LandscapeIf you haven`t sold MSTR here:
Then you need to understand the recent crypto landscape:
Binance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws.
The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community.
Binance and its affiliates assert that the SEC is overreaching its jurisdiction on digital assets, especially without any clear legislative guidance from Congress. The original lawsuit, filed in June, accused Binance of unlawfully listing unregistered securities.
Historically, the actions of whales have been instrumental in shaping the price movements of Bitcoin and the broader cryptocurrency market.
Non-whale addresses, those holding less than 100 BTC, now account for over 41% of the total Bitcoin supply. Meanwhile, whales, entities holding between 100 and 100,000 BTC, have witnessed a decline in their collective holdings to 55.5%, marking their lowest ownership level since May.
The decrease in whale holdings could signal a potential change in the market's dynamics, potentially leading to increased volatility and uncertainty.
These developments collectively cast a shadow over the cryptocurrency market's near-term prospects.
In this context, I`m considering the following puts for MSTR MicroStrategy:
2023-10-20 expiration date
$307.50 strike price
$12.60 premium
Looking forward to read your opinion about it!
Options - Long JPM over 150.11 - Target 151With a 5 min confirmation over 150.11, JPM has room till 151 without roadblocks. Over 151 it may run till 153.
Plan:
- Wait JPM to break 150.11, a break + retest would be perfect. CALL Options @ 150.
- Initial Stop loss below the 5min candle before the break of 150.11
- Exit Profit 70% @ 150.95
- Trail 30% Stop Loss to 150.70
- New Profit Target 152.95
DRI Darden Restaurants Options Ahead of EarningsIf you haven`t sold DRI here:
Then analyzing the options chain and the chart patterns of DRI Darden Restaurants prior to the earnings report this week,
I would consider purchasing the 160usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $4.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
CASY Casey's General Stores Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CASY Casey's General Stores prior to the earnings report this week,
I would consider purchasing the 260usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $2.02.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Weekly SPX outlook ending Sep 15SPX 4450 is the key line in the sand now. A head and shoulders is forming on the 2hr and based on option flow could complete early to mid week.
Bear: Below 4450 with a target of 4400 and below that 4350-4300.
Bull: Above 4450 with a target of 4500 and then 4530-4560.
We also have CPI and PPI this week. To add it is also OpEx - wonderful.
Could potentially take SPX 4465c and 4465p 09/18 on Sunday when SPX opens @ roughly 29.00 each. PT would be 90-100.00 on either leg.
SPWH Sportsman's Warehouse Holdings Options Ahead of EarningsAnalyzing the options chain and the chart patterns of SPWH Sportsman's Warehouse Holdings prior to the earnings report this week,
I would consider purchasing the 5usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $0.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
TNP Tsakos Energy Navigation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of TNP Tsakos Energy Navigation prior to the earnings report this week,
I would consider purchasing the 20usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $0.87.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
YY JOYY Options Ahead of EarningsAnalyzing the options chain and the chart patterns of YY JOYY prior to the earnings report this week,
I would consider purchasing the 35usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $1.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Weekly SPX Outlook ending Sep 08:SPX 4500 still remains the key crucial support area. We saw today Sep 01 how they brought it down to 4501 and held it all day. Short week next week so we could FULLY expect to see a move back up to 4525-4530, over that 4550 then 4580-4600.
Under 4500 fully expect to see 4480 get contested. Below that don't expect and support until 4450 then 4420 and POSSIBLY 4400.
PDD Holdings Options Ahead of EarningsAnalyzing the options chain and the chart patterns of PDD Holdings prior to the earnings report this week,
I would consider purchasing the 85usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $4.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Market Bullish AS Per DataAs Per Current Date and Data Market Show Bullish Because Already We Discuss about 44300 is market break then Market Can Go Up and and thats happend Today Market break and sustance and we saw a bullish movement in Market
For Tommorw We Need Market Trade Above 44545 then we can consider a buying side entry upto 44700 then 44800 in downside market have many resitance 44000/44200 if market again break 44200 then more fall possible if market trade between 44400 to 44300 then don't trade because to mucn Open interest in This Two Levels.
GPS The Gap Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GPS The Gap prior to the earnings report this week,
I would consider purchasing the 9usd strike price Puts with
an expiration date of 2023-12-15,
for a premium of approximately $0.73.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
PTON Peloton Interactive Options Ahead of EarningsIf you haven`t sold the massive Head and Shoulders Bearish chart patter:
Or reentered ahead of a previous earnings spike:
Then analyzing the options chain and the chart patterns of PTON Peloton Interactive prior to the earnings report this week,
I would consider purchasing the 7usd strike price at the money calls with
an expiration date of 2023-8-25,
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.
Looking forward to read your opinion about it.
ONON On Holding AG Options Ahead of EarningsAnalyzing the options chain and the chart patterns of ONON On Holding AG prior to the earnings report this week,
I would consider purchasing the 35usd strike price Puts with
an expiration date of 2023-8-18,
for a premium of approximately $2.42.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.