RUM Rumble Options Ahead of EarningsIf you haven`t bought RUM before the previous earnings:
Now analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week,
I would consider purchasing the 6usd strike price in the money Calls with
an expiration date of 2025-1-17,
for a premium of approximately $1.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Optiontrading
#OP/USDT#OP
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the 100 moving average again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 1.57.
Entry price 1.64.
First target 1.67.
Second target 1.74.
Third target 1.80.
Options Trading Advanced Series 1In this video, I dive into two advanced options trading strategies: the Long Iron Butterfly and the Short Iron Condor. These setups are designed to capitalize on sideways market movement. Using the TradingView Option Simulator, I demonstrate how each strategy works, discuss the potential outcomes, and share tips on optimizing them for better results.
CGC Canopy Growth Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CGC Canopy Growth Corporation prior to the earnings report this week,
I would consider purchasing the 8usd strike price Calls with
an expiration date of 2025-6-20,
for a premium of approximately $0.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
OCGN Ocugen Options Ahead of EarningsIf you haven`t bought OCGN during the Covid pandemic:
Now analyzing the options chain and the chart patterns of OCGN Ocugen prior to the earnings report this week,
I would consider purchasing the 1usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $0.08.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
#OP/USDT#OP
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 1.53
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.57
First target 1.63
Second target 1.70
Third target 1.77
RDDT Reddit Options Ahead of EarningsAnalyzing the options chain and the chart patterns of RDDT Reddit prior to the earnings report this week,
I would consider purchasing the 78usd strike price Puts with
an expiration date of 2024-11-1,
for a premium of approximately $4.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
TXN Texas Instruments Incorporated Options Ahead of EarningsAnalyzing the options chain and the chart patterns of TXN Texas Instruments Incorporated prior to the earnings report this week,
I would consider purchasing the 200usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $6.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
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.
GEX levels of SPX for Weekly Option TradersAlthough the SPX is currently trading within a relatively neutral positive gamma range, it’s worth taking a closer look at what the week might hold.
This week, SPX is moving between critical resistance and support levels, which are showing significant options activity. The 5900 level is the key CALL resistance, acting as the gamma wall for the next 7 days (7DTE) . This suggests that as long as the price remains below this level, it will face strong resistance in moving higher. If the market breaks through this level, it could signal a bullish breakout, leading to increased turbulence.
🟨 DETAILED VIEW:
In case of a breakout, keep an eye on the second weaker CALL wall at 5925 and the third weaker CALL wall at 5940, which are the next potential resistance levels once the market moves past the 5900 gamma wall. These levels could play a pivotal role in the price’s upward movement and indicate further buying pressure.
🔶 HVL Level and Gamma Environment: 5830
The 5830 level represents the High Volatility Level (HVL), which determines whether we are in a positive or negative gamma environment. If SPX closes below this level, we enter the negative gamma zone, which could lead to increased market volatility. This could result in sharper price movements during the week if this level does not hold. In that case, the PUT supports come into focus.
The 5750 level marks the strongest PUT support, providing substantial downward support for the market. However, before reaching this level, it’s important to consider the emerging PUT wall at 5765, which may stop the price from falling lower. This could act as an intermediate support, slowing or even halting a decline before the 5750 level comes into play.
🔶 Implied Volatility and Time-Based Strategic Opportunities NOW
The decrease in implied volatility, as shown by the IV and IVx indicators, signals a calmer market environment. Based on IV rank and average IV levels, volatility is running lower, which presents good opportunities for various spread strategies, especially time spreads that can be optimized between the 11/01 and 11/04 time frame.
Key levels above could fuel further market movement throughout the week if a breakout occurs. CALL/PUT gamma levels on the options chain strongly outline the potential resistance and support levels, but these levels can change dynamically, especially if SPX breaks through the 5900 level.
🔶 SPX Key Levels This Week:
5900 CALL resistance – Main gamma wall, strong resistance.
5925 and 5940 – Second and third weaker CALL walls, offering additional resistance if broken.
5830 HVL – Key level determining the gamma environment.
5765 PUT wall – Emerging intermediate PUT support, which could slow a decline.
5750 PUT support – Strongest PUT gamma wall and support.
Keep these levels in mind throughout the week, as they will likely influence market movements and the volatility environment. By applying the right options strategies, this information can help you structure profitable positions.
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.
Educated Gambling!! LOL. Call Options that go $POWW or OW!! Were in a Double Bottom and a Bearish Pennant on the daily so who knows, and the chart doesn't look great either. This one is at the top of my degenerate list, pure speculation. My idea is either a big bang or a misfire. I've been buying NASDAQ:POWW $2.50 calls expiring 1/17/25. Started off buying at $15 then $10 and now $5 per call. And sometimes no one is even selling these options when they list for .01 (actually cost $5 min) My thought is NASDAQ:POWW could either run in the next 3 weeks or all the way up to Inauguration Day on January 20, 2025, hope to at least fill the gap at 2.46 and then get back to June 3rd high of $2.86. Most of us can figure out why it could possibly go parabolic so close to the Election. I hope for God's sake and love of country I'm actually wrong about this and pray for peace. But at the same time, as some of the corrupt powers to be say "never let a crisis go to waste"... Safe Trading Everyone!!
AXP American Express Company Options Ahead of EarningsIf you haven`t bought the dip on AXP:
Now analyzing the options chain and the chart patterns of AXP American Express Company prior to the earnings report this week,
I would consider purchasing the 267.5usd strike price Puts with
an expiration date of 2024-10-18,
for a premium of approximately $2.91.
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.
Weekly GEX of QQQ | Option Chain AnalysisI’d like to share my thoughts below after analyzing the QQQ option chain. In this analysis, I focus exclusively on the weekly time range, examining the QQQ option chain and the changes in top-tier options metrics.
🟨 Decline in Put Pricing Skew and Increase in IVx
The decline in put pricing skew on Options Oscillator suggests that put options are becoming relatively cheaper , signaling a shift in market participants' expectations. This indicates increased call buying and put writing activity in the options chain . Along with the decrease in implied volatility (IV), this often points to a lower demand for downside protection strategies, which could be interpreted as a bullish sentiment.
Currently, the QQQ’s IVRank stands at 31.5, reflecting a moderate volatility environment. However, with an average IVx of 19.2, trading volumes could increase, and interest in volatility-based strategies may rise further.
🔶 Backwardation in 4-7 DTE and Time Spreads
Backwardation in the 4-7 DTE (days to expiration) period can be ideal for time spread (calendar, diagonal) option traders , as near-term options show higher volatility than longer-term ones. This creates a favorable environment for time spread strategies, especially if this backwardation persists.
🟨 Gamma Levels and Open Interest-Based Levels
Call high OI gamma walls (or call resistance levels) typically act as resistance points. However, once these levels are broken, the bullish movement can accelerate due to positive gamma exposure. Put gamma walls (or put support levels), on the other hand, act as support. If broken, downward moves can intensify due to the high negative gamma exposure.
While the current largest gamma wall was for today at 495, the upcoming expiration on 10/14 could shift this level to 500, where the greatest gamma exposure will likely be after the Monday expiration (due to the large amount of open interest expiring at 495). If the price breaks above this level, it could further bolster bullish prospects to 505 (last ATH). Additionally, the 500 strike plays a critical role as a major level in the Options Grid System, representing the 8/8 level.
🟨 OTM 16 delta probability cloud in Options Overlay
The blue Delta Curves on the Options Overlay show the 16-delta levels, helping traders identify potential price ranges. According to current data, on the call side, the 505 strike is still within the 16-delta range, reinforcing its bullish potential.
This represents the 68% probability range defined by OTM 16 delta PUTs and OTM 16 delta CALLs, showing a clear directional expected move value. It provides an insightful view of the expected price movement’s directional range, often used by delta-neutral strangle traders like those at TastyTrade.
🟨 Time Spread Strategies
The aforementioned backwardation and gamma wall situation may present an advantage for time spread traders. Backwardation between 4-7 DTE provides an optimal window for those favoring time spreads, as the higher short-term volatility offers better premiums.
🟨 TanukiTrade Options Oscillator values
The TanukiTrade Options Oscillator indicates that the combination of declining put skew and decreasing IV suggests potential volatility growth on the bullish side of the market. This could be a valuable signal for both long and time spread strategies.
⅀ QQQ Summary
The decline in put skew and increase in IVx imply that market participants are anticipating an increase in bullish volatility. Backwardation between 4-7DTE supports time spread strategies, while the call gamma wall at 500—and soon 505—is likely to serve as significant resistance/target.
(NOTE: GEX levels is not part of the TanukiTrade Options Overlay indicator yet. The automatic GEX levels will be available soon, by the end of October!)
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.
BIBI Bilibili Options Ahead of EarningsAnalyzing the options chain and the chart patterns of BIBI Bilibili prior to the earnings report this week,
I would consider purchasing the 15usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $1.95.
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.
DPZ Domino's Pizza Options Ahead of EarningsIf you haven`t bought the dip on DPZ:
Now analyzing the options chain and the chart patterns of DPZ Domino's Pizza prior to the earnings report this week,
I would consider purchasing the 415usd strike price Puts with
an expiration date of 2024-10-11,
for a premium of approximately $17.00.
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.
CBRL Cracker Barrel Old Country Store Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CBRL Cracker Barrel Old Country Store prior to the earnings report this week,
I would consider purchasing the 40usd strike price Puts with
an expiration date of 2024-9-20,
for a premium of approximately $2.53.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.