DAL Delta Air Lines Options Ahead of EarningsIf you haven`t bought DAL at my last call:
then you should know that looking at the DAL Delta Air Lines options chain ahead of earnings, I would buy the $35 strike price in the money Calls with
2023-1-20 expiration date for about
$1.79 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Put
CALM Cal-Maine Foods Options Ahead Of EarningsAfter the last price target was reached:
Now looking at the CALM Cal-Maine Foods options chain ahead of earnings , i would buy the $60 strike price Calls with
2023-1-20 expiration date for about
$5.70 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
SPY DowntrendThe Hazel Heritage Screener alerted me that this week was going to be a bearish one.
Last week we saw AMEX:SPY reach the untested pivot high of $411.73, which you can see from the solid red lines almost every time we reach a pivot high that has not been tested yet, there is resistance.
In addition to that, SPY bounced perfectly off of the top of the downtrend that was started at the beginning of the year (dashed line).
The last time we saw a combination of those two factors was the week of August 15th and it ended up having a significant drop afterwards.
The Hazel Heritage screener shows me all the symbols in my watchlist which had that same combination happen last week and there you will see SPY, along with GOOGL, SHOP , & NASDAQ:META
So with all that being said, I was bearish on SPY this week, anticipating a continuation of the downtrend for the year
PUMA DOWN? (delisted from main index DAX / DEU40 today)The stock was delisted from the main german stock index DAX (DEU40 / GER40), taking effect on Dec 19, 2022.
I will sell the stock if the candle CLOSES below the down trend line on daily basis, using a (european) knock out certificate. It's a kind of short selling in the US.
On Friday 16, the volume got extremely high which let me think of an exhaustion of the bulls.
THIS IS NOT A TRADING ADVISE! DON'T TRADE IT. IT'S JUST AN IDEA WHAT COULD HAPPEN. ALWAYS MAKE YOUR OWN DECISIONS! YOU ARE SOLELY RESPONSABLE FOR YOUR DECISIONS.
DOCU DocuSign to test its last supportIf you haven`t shorted DOCU DocuSign, Inc. here:
Then looking at the DOCU DocuSign options chain, i would buy the $45 strike price Puts with
2022-11-18 expiration date for about
$3.90 premium.
Yes, i think it can test its last support this year.
Looking forward to read your opinion about it.
ORCL Oracle Corporation Options Ahead Of EarningsIf you haven`t bought the last breakout before the earnings:
Then you should know that looking at the ORCL Oracle Corporation options chain ahead of earnings, i would buy the $78 strike price Puts with
2022-12-30 expiration date for about
$2.49 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Possible BIG Short movement for SPX Possible BIG Short movement for SPX
We can that currently we are close to one of the biggest resistence points of 4100.
4800, 4600, 4300, 4100 Were the biggest resistence points for 2022, so we can use these values for future references.
In this year, we had 2 big bullish movements and 2 big bearish movements, all of them very similar, around 18% .
If history is going to repeat itself and the 4100 is going to act as a huge resistence point for the bullish trend,
we can expect a possible downfall until 3400/3300 according to the past movements.
However, if we are going to break 4100, we can have a possible 5% long continuation movement until 4300 which is the next big resistence point.
S SentinelOne Options Ahead Of EarningsLooking at the S SentinelOne options chain ahead of earnings , i would buy the $19 strike price Calls with
2023-3-17 expiration date for about
$1.40 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
PANW Palo Alto Networks Options Ahead of EarningsLooking at the PANW Palo Alto Networks options chain ahead of earnings , i would buy the $160 strike price in the money Calls with
2022-11-18 expiration date for about
$7.70 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
BA (Boeing) Trade IdeaHello guys,
Its been a long time, but I'm here to share a possible PUT (Short) idea for BA.
I'm looking at the 4HR time frame for this. Looks like this is in the oversold territory. (RSI: 74).
Looking at the chart, the next support seems to be the long term gap fill which is at around $161.
* Price Target : $161
* Stop Loss : Break > $172.27
If you're getting Puts, I'd prefer $165 put expiring in December.
$160 spread is also a good idea to get here. (Expiring December as well.).
Feel free to share your trade ideas in the comments below.
Do your own research before you trade. I'm not a financial advisor. Good luck!
PCC Ratio is looking BullishI have an alert for when the 10-day moving average falls below .8. The PCC spends most of its time between.8 and 1 when the 10 moving average falls below .8 you can count on a bearish reversal in the market. As of right now, we are above that with plenty of room. The reason why I bring this up now is that if we mid-term rally I'm looking for a strong bull push followed by a reversal before we trend. Setting an alert on the PCC for .8 and 1 crossovers will keep you on the right side of the market.
UPS United Parcel Service Options Ahead of EarningsMy recent experience with those global package delivery companies was extremely painful. The have raised their prices a lot, on some occasions you pay the same price to send something to another country than taking the trip yourself and deliver that package in person.
So i have tried to avoid UPS, like many of you, and go for smaller unknown companies. I think this attitude will reflect in the upcoming earnings.
Looking at the UPS United Parcel Services options chain, i would buy the $160 strike price Puts with
2022-11-4 expiration date for about
$4.85 premium.
Looking forward to read your opinion about it.