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GSX short put vertical for high creditSmooth RSI is extreme oversold, and the IVR is ultra high. Obvious bounceback play. Max profit: $240 Probability of Profit: 57% Profit Target relative to my Buying Power: 47% Max loss with my risk management: ~$200 Req. Buy Power: $510 (max loss without management at expiry, no way to let this happen!) Tasty IVR: 88 (ultra high) Expiry: 35 days Buy 3 GSX May21' 17.5 Put Sell 3 GSX May21' 20 Put Credit Put spread for 0.8cr each, because IVR is extreme high. Stop/my risk management : Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 200$. Probability of loss in this way: ~25% . Take profit strategy: 65% of max.profit in this case with auto sell order at 0.28db. Probability of profit this way: ~75%. Of course I'll not wait until expiry in any case! If you liked this article, check my other ideas. Anyway: HIT THE LIKE BUTTON BELOW , and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview !
GLong
by TanukiTrade
Relationship Between the BTC Price and Options Expiration Dates Illustrated in this chart is the relationship between the BTC USD price and the options expiration dates. Please note that the options expiration dates typically occur on the last Friday of each month and are illustrated here by the blue vertical lines. The options expiration dates shown here are Dec 25, 2020, Jan 29, 2021, Feb 26, 2021, Mar 26, 2021, April 23, 2021, and May 28, 2021. After the options expiration dates on Dec 25, 2020, Jan 29, 2021, Feb 26, 2021, and Mar 26, 2021, the BTC price increased by 86.39%, 102.95%, 43.03%, and 29.59%, respectively, over 14, 25, 14, and 20 days, respectively. Importantly, the BTC USD price exhibited significant decreases in price of 31.66%, 26.29%, 18.97%, and 27.20% prior the options expiration dates of Jan 29, 2021, Feb 26, 2021, Mar 26, 2021, and April 23, 2021, respectively, which occurred over 21, 6, 12, and 10 days, respectively. As illustrated in the chart, the BTC USD price has increased significantly (65.49%, on average) after each of these options expiration dates and decreased significantly (26.03%, on average) leading up to each of these options expiration dates. Thus, there is potential for this trend to continue in late April to the end of May. Please note that this is not financial advice. I am not your financial advisor. This is my opinion.
BITSTAMP:BTCUSD
by Eightchains
207
SOYBEAN upward move play with Teucrium Soybean $SOYB trust fund (1) Futures Technical Analysis Bullish triangle with RSI breakout. Enought space for bullish move. s3.tradingview.com (2) SOYB trust fund I've skipped the futures instrument, because I'm not like options on futures. My choice for Soybean play is $SOYB with relative high IVR value. Optimal for Short Put Vertical strategy, similar TA here, with RSI pullback. s3.tradingview.com (3) Clear uptrend Higher Lows Higher Highs. s3.tradingview.com CONCLUSION: Max profit: $685 Probability of Profit: 55% Profit Target relative to my Buying Power: 47% Max loss with my risk management: ~$200 Req. Buy Power: $1320 (max loss without management at expiry, no way to let this happen!) Tasty IVR: 66 (ultra high) Expiry: 35 days Buy 10 SOYB May21' 20 Put Sell 10 SOYB May21' 22 Put Credit Put spread for 0.685cr each, because IVR is relative high. Stop/my risk management : Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 200$. Probability of loss in this way: ~25% . No stress above $21.1 level. Take profit strategy: 65% of max.profit in this case with auto sell order at 0.27db. Probability of profit this way: ~75%. Of course I'll not wait until expiry in any case! If you liked this article, check my other ideas. Anyway: HIT THE LIKE BUTTON BELOW , and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview !
AMEX:SOYBLong
by TanukiTrade
[FUBO] Iron Condor - the FuboTV Inc EVENT play Another lazy trade for today, just an event play. Very risky to holding neutral positions in uptrend, so literally just for a few days on table. Event plays are usually a "trade and pray" strategy, so I'm not preferring (TastyTrader Bob and Tom like it, but I've sucked many times width them) In current case I've decided to take the risk. (1) MurreyMath distances More than 5 MurreyMath fraction distance (5/8) for break even border, current price almost the middle of it. I'm judged to secure area 2.5 fraction up, 2.5 fraction down. (2) Nearest pivot points detecting danger area Secure level upside is $54, downside: $30. Inside this I can sleep well. Outside this I'm looking for any kind of minimal profitable exit point. CONCLUSION: Iron Condor for today event Buy 1 FUBO April16' 20 put Sell 1 FUBO April16' 25 put Sell 1 FUBO April16' 60 call Buy 1 FUBO April16' 65 call Expiry: 45 days Take profit: after event at the first possible moment. Risk management: I'm closing the trade immediately - if the daily bar closing outside my strikes - and I'm cutting my loss . (no matter what I'm believing)- usually I'm losing mutch less than my max profit in this case. Danger zone check every day.
NYSE:FUBO
by TanukiTrade
2
BIDU IRON CONDOR with high Probality of ProfitHi everybody! After a very big break - MrAnonymCrypto back on board! The past year I'm spent for learning and developing my new trading system and indicator pack and full trading strategy system for option trading of the us stock market. I'm tired to waiting for any bitcoin daytrades and unregulated price moves: those instruments eated my life and time.  Ever since I’ve only been dealing with the stock market for up to an hour a day: my life has changed - in a positive direction.<3 Today I'm releasing the first live tradig publication of my indicator: the Iron Condor Hunter .  // If you are new in the option's world I'm recommending to learn options first via tastytrade youtube videos   // More about my Iron Condor Hunter script in advance:  This script is for neutral credit strategy trades. This script indicates the secure Iron Condor setups automatically on any liquid+volatile instrument, based and calculated with auto  Murrey Math level script and current price actions, and IVR. (MurreyMath is my other script, telling more later) If the script indicates new potential setup: you can see a blue background with the levels of the Iron Condor wings, automatically! You can check the success rate of the script for the past with same setup I've designed this indicator for 45-60 days expirations, (because you can exit automatically at 50% profit in 30 days, if the instrument stays inside your original range!) And now, let's look an today live example: BIDU ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~  REASONS ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ (1) Backtesting the indicator 17 Iron Condor detected in the past 10 years,  with 100% succes rate, with exact range detection at the beginning. Today I'm catched another signal, so I'm grabbing the opportunity! (2) The trading range & IVR Today Iron Condor Hunter script detected the 372-221 range for safe-play this setup. Because the most volatile expriation is the April 16th in the 45-60day range: I'm playing this for credit. The (tastytrade) IVR is high (above 80) -  this is very high Implied Volatility Rank - safe for credit play, the instument is liquid.  Good Defined Strikes: Sell 1 BIDU Apr16' 220 put Buy 1 BIDU Apr16' 210 put Sell 1 BIDU Apr16' 370 call Buy1 BIDU Apr16' 380 put (3) Divergence on my oscillator As you can see: the very obvious divergence is detected at the overbought levels. This and the formation meaning for me: some correction started. No kind of event ( divident ) coming in the next 60 days, so I'm not expecting more significant price movement. (4) Define safe zones At Iron condor setups I'm always define some "safe-zone" : for upside and downside too. Safe zones meaning for me: I can sleep peacefully until the price is moving between these edges. BUT! If the safe zone beaks: my eyes on the final strikes. Another seat beld is the 0.618 fib-retrace level, because if the price is falling straight down: at this level we are expecting some resistance. But in current case: the fib 0.618 level is inside our range. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SUMMARY - MY TRADE SETUP ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Max profit:  $288 Max loss:  $712 IVR:  87 Probability of Profit:  68% Expiry:  50 days Strategy: 67.7% wide delta neutral Iron Condor for credit Risk management : I'm closing the trade immediately  - if the daily bar closing outside my strikes - and I'm cutting my loss. (no matter what I'm believing)- usually I'm losing mutch less than my max profit in this case. Profit management: I'm sending an order  at the 50% of max  profit, immediately after my position  successfully opened  Welcome any comments:  * whether about the options, my indicators in the future.  * in private, I will be happy to help you with any questions about the option for free.  * are you interesting in options, or only "when bitcoin moon"?
NASDAQ:BIDU
by TanukiTrade
6
$CHWY AlertA lot of great investments come from what we see around us everyday, as well as the volume in what we take in. Evidently CHWY has been everywhere I look. Almost every other house has an empty CHWY box out front, not only AMZN anymore. Viewing from a more technical view on their 1D chart they seem to have broken through their ascending triangle. While they are seeking to set new highs we have been successful in achieving 70% + short term gains, I still believe there is a lot of long term potential here to be had.
NYSE:CHWYLong
by SpearTrading
Clear skies ahead for Palantir Ahoy fellow investors! Todays chart analysis is on Palantir Technologies NYSE:PLTR . As you can see, Palantir cleared its 3 resistance price points of 25.50, 27.00 and 29.00 respectively and its on a strong upward trend heading for ALL time highs. What i like about this rally is that: 1. There has been more and more positive news since the last run up to $33.50 2. Palantir just announced it will extend its partnership with the Greek government and its COVID-19 response effort (huge news as it allows exposure into PLTR business application) 3. It announced a new government contract that will pay $44,000,000 over 3 years (i believe those are the figures) All of the recent good news plus what i am seeing in the weekly chart on the RSI (over 80 = super strong) and MACD (between 1 & 2 = strong) makes me like this rally and i am confident that Palantir will reach ATHs (All time highs) and even surpass them. As of now, the stock is sitting just over $30, after posting a 21% intraday rally. Clear skies ahead for Palantir and i think it will touch $40 this week should the broad market conditions don't hinder its rally. I own both stock at IPO and hold several call positions for end of the year expirations on 25 to 40 strikes. Let's see how this unfolds! #GIDDYUP !!
PLong
by ThaMoneyHunter
1
Apple on the verge of a major breakout!Hey guys, i am back! Based on these charts, its looking like (Apple Inc.) will breakout!! The stock has been consolidating for a long time and its hovering right above the top of what looks like to be an ascending triangle. What the stock needs is good volume and i believe itll break out into the 130s.. the stock has been quiet for the most time since its IPO since 1981. If it doesn't happen today, it will certainly happen in the next week or so, if it fails, we may see another leg down into the lower 120s and high 110s. I bought calls for end of December between 125 and 135 level.
NASDAQ:AAPLLong
by ThaMoneyHunter
1