$USO to 50day SMA, POUNCE ON PUTS AT THE GAP FILLRefer to a previous post. Breakdown has begun but I suspect a gap fill before a follow through. POUNCE on the gap fill for a swing $70 3/15 Puts High.
Puts
$USO back to 50 day at minimum AMEX:USO Headed back to the 50 day. Really quick. Will continue watching to see if we hold $69s or break lows. I'm expecting the pullback to resume after a quick stall at the 20day sma. The giveaway that helped pay last time was the rally above the death cross. That first rally is usually bearish as noted in the chart posted. Fast forward and we have the same setup today. Good luck out there.
BNB bulls are screwed.BNB longers have stop losses at the following levels:
340 USD
260 USD
220 USD
Massive 10 Million Dollar Liquidations start at:
185 USD
130 USD
60 USD
Multiple 100 Million Dollar Liquidations :
35
16
8
Binance Shutdown :
0.5 Cents.
SEND CZ TO JAIL, ULTRA MANIPULATOR AND SCAMMER<
SEND JUSTIN SUN TO JAIL.
SEND 3AC to JAIL
PANW Palo Alto Networks Options Ahead of EarningsIf you haven`t bought PANW ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of PANW Palo Alto Networks prior to the earnings report this week,
I would consider purchasing the 500usd strike price Calls with
an expiration date of 2024-4-19,
for a premium of approximately $15.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
TSLA shorts? We shall see
Will we break to the BEAR side on the 1hourly. Key resistance area now tested. If this breaks south, more put buying!
$SPY $483 Target remainsincoming pullback imo. 5-7% pullback before then of February. History doesn't always repeat itself but it does frequently rhyme. Refer to AMEX:SPY 6/15-8/17 ... Good luck everyone . From here I'm taking puts to $478 , calls at $478 to 20 DMA retest, consolidation for about a week... $483 Short until $470... Buy $468 for March run....
$SPY$483 coming soon 💭... $470 by EOM.. I've got a repetition of July Top and Pullback in play here. Potential to lead to something much more serious.
$SPY $470 Target by 3/1 💭 $483 by Friday 2/8 $470 by 3/1 $460?
Essentially it might be extremely dangerous trying to swing weeklies but it could very well be beneficial to swing Monday $490 Puts. Depending on SPY price by Wednesday, they could pay large amounts as I see the move happening in just 2-3 days, somewhere between Tuesday 2/6 and Monday 2/12, expect $478.
This image here is from the March 23' BTFP run into the end of July 23'.
Resemblance should not be ignored.
AFRM Affirm Holdings Options Ahead of EarningsAnalyzing the options chain and the chart patterns of AFRM Affirm Holdings prior to the earnings report this week,
I would consider purchasing the 37.50usd strike price Puts with
an expiration date of 2024-3-15,
for a premium of approximately $3.57.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AMGN Amgen Options Ahead of EarningsIf you haven`t sold AMGN ahead of the HZNP buyout:
Then analyzing the options chain and the chart patterns of AMGN Amgen prior to the earnings report this week,
I would consider purchasing the $322.5 strike price Calls with
an expiration date of 2024-2-9,
for a premium of approximately $6.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
CSP at demand zoneI like this stock very much, I've made big gains with calls, covered calls, CSP and with the stock itself. It's very technical and I think it will hit the 14 level by the end of the year so each time it pulls back it's an opportunity to buy more. This time is not different, there is no setup yet that's why I sold CSP strike 8.5 expire 02/09. I sold them a great price, around $95 each. Still a good opportunity to sell more CSP, at this level it's going to take some time to build up a setup and in the mean time the puts will expire worthless. If price keeps dipping, that's fine, I'll collect the premium anyway and I don't mine buying at 8.5.
T AT&T Options Ahead of EarningsIf you haven`t sold the double top on AT&T:
nor bought the dip:
Then analyzing the options chain and the chart patterns of T AT&T prior to the earnings report this week,
I would consider purchasing the 17usd strike price at the money Calls with
an expiration date of 2024-1-26,
for a premium of approximately $0.43.
Looking at the chart, I think T is heading to a triple top, or a Head and Shoulders chart pattern.
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 31usd strike price Puts with
an expiration date of 2024-2-16,
for a premium of approximately $0.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Double top - PutsI bought a bunch of puts on this one. Market still on correction. Double top confirmed, testing the broken support and failing.
BAC Bank of America Corporation Options Ahead of EarningsIf you haven`t bought the dip on BAC here:
Then analyzing the options chain and the chart patterns of BAC Bank of America Corporation prior to the earnings report this week,
I would consider purchasing the 34usd strike price at the money Calls with
an expiration date of 2024-2-16,
for a premium of approximately $1.54.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Bearish flag?I'm shorting this, apparently is a bearish flag forming. You can buy puts too, give them some time like 2 weeks at least.
HS and putsIt looks like the price made a HS at the resistance. Tomorrow I will buy puts at the open, if it tests the trend line I will buy more. Expiration on 12/29, strike 194.
$3,200 OTM in puts for next FridayLets see what happens. Not much to say I suppose, besides the position I increased today.
If I lose the money. Oh well.
I am not trading MARA if BTC goes up. It will be too overbought for me. So this is my finale on MARA for this run up.
Puts DIAJust bought some put of DIA:
Exp 12/29
Strike 371
I think is going to fall very fast tomorrow or Tuesday next next. It's clear overbought.
AVGO TO HUNG IT SELF CAP"(What goes up must come down some how)"
Will let see it for real
But we must watch the red leves (targets and support) and when the correction start we also must consider the 0.5 and 0.618 retracment
As always wish me luck
Good luck to me 😁
Please not financial advice
Puts SPYBought a bunch of puts, I think is going to fail the test of the resistance. I don't risk too much with options, my risk reward is 3 to 1.
$NFLX Inverted Cup And Handle NASDAQ:NFLX I Found a Cup And Handle for you. My 1st target for next week would be 434ish area. Also tomorrows NASDAQ:AVGO ER should have an adverse effect on the market tomorrow along with eco data. It will be an interesting Thurs and Fri
CHPT ChargePoint massive falling wedge ahead of earningsAnalyzing the options chain and the chart patterns of CHPT ChargePoint prior to the earnings report this week,
I would consider purchasing the 2usd strike price at the money Calls with
an expiration date of 2023-12-15,
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.
Looking forward to read your opinion about it.
