AFRM Affirm Holdings big puts addingLast time, AFRM puts were profitable:
This week, Affirm Holdings (AFRM) saw a notable increase in the acquisition of puts with a November 3rd expiration date, set at a $17.50 strike price with a premium of $0.67.
Affirm operates within the "buy now, pay later" model, which has also been dubbed as "pay never" by some analysts.
However, it's worth noting that AFRM currently operates as an unprofitable venture, and its current valuation may be perceived as inflated.
I'm eager to hear your perspective on this matter!
Sell-signal
BA The Boeing Company Options Ahead of EarningsIf you haven`t bought the dip on BA here:
Then analyzing the options chain and the chart patterns of BA The Boeing Company prior to the earnings report this week,
I would consider purchasing the 182.50usd strike price Calls with
an expiration date of 2023-11-3,
for a premium of approximately $5.05.
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.
SLB Schlumberger Limited Options Ahead of EarningsAnalyzing the options chain and the chart patterns of SLB Schlumberger Limited prior to the earnings report this week,
I would consider purchasing the 61usd strike price Calls with
an expiration date of 2023-11-3,
for a premium of approximately $1.69.
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.
AA Alcoa Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of AA Alcoa Corporation prior to the earnings report this week,
I would consider purchasing the 30usd strike price Calls with
an expiration date of 2024-3-15,
for a premium of approximately $2.47.
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.
ASML Holding Options Ahead of EarningsIf you haven`t sold the top here:
Then analyzing the options chain and the chart patterns of ASML Holding prior to the earnings report this week,
I would consider purchasing the 140usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $16.
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.
APT Aptos Price Target after Court approves FTX LiquidationGiven the recent developments in the crypto space, there are several factors that point towards a bearish outlook:
FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could potentially lead to an oversupply situation. When a large amount of assets is dumped into the market at once, it can put downward pressure on prices.
Limited Sales in the First Week: The imposed limit of $50 million for the first week indicates a controlled release of these assets. This may imply that FTX anticipates potential market disruption if a large volume is sold at once. However, even with controlled release, the market could still experience downward pressure.
Potential for Increased Limits: The provision for increasing the limit with the approval of the creditors’ committee and ad hoc committee, or potentially even up to $200 million weekly with court approval, shows that there's room for further selling pressure in the coming weeks.
Binance US CEO Resignation: The resignation of Binance US President and CEO, Brian Shroder, could potentially signal internal challenges within the exchange. Leadership changes in major crypto exchanges can lead to uncertainty and can impact market sentiment.
Asset List: The assets listed for liquidation include some of the major cryptocurrencies in the market such as Bitcoin, Ethereum, WBTC, WETH, USDT, SOL, XRP, STG, APT, BIT, DOGE, MATIC, FTT, TON and more. If a significant portion of these assets are sold off, it could have a widespread impact on the market.
Market Sentiment and Confidence: These events combined might lead to a loss of confidence in the crypto market, especially if investors perceive them as signs of instability or potential oversupply.
Regulatory Considerations: The fact that a bankruptcy court is involved in this process highlights the regulatory environment surrounding cryptocurrencies. Heightened regulatory scrutiny or intervention can have a dampening effect on the market.
Considering the above, my Price Target for APT Aptos is $3.10.
Looking forward to read your opinion about it.
AFRM Affirm Holdings Options Ahead of EarningsIf you haven`t sold AFRM here:
Then analyzing the options chain and the chart patterns of AFRM Affirm Holdings prior to the earnings report this week,
I would consider purchasing the 14.50usd strike price Puts with
an expiration date of 2023-8-25,
for a premium of approximately $1.12.
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.
FTCH Farfetch Limited Options Ahead of EarningsIf you haven`t bought FTCH`s Double Bottom here:
Then analyzing the options chain and the chart patterns of FTCH Farfetch Limited prior to the earnings report this week,
I would consider purchasing the 5usd strike price at the money Calls with
an expiration date of 2024-1-19,
for a premium of approximately $1.06.
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.
EURNZD SELL OPPORTUNITY Hey traders,
We have a nice opportunity to sell this pair
Let's see those reasons
Daily chart
Daily candle did not close above resistance
Hourly Chart
Before touching the resistance zone market made a small consolidate area,
And that touch would be the rejection
We have multiple targets
Trade safely with money management
Be happy
If you agree with our idea,
Please leave a <> to encourage us
V Visa Options Ahead of EarningsIf you haven`t sold Visa on Ukraine's exposure:
or this Double Top:
Then analyzing the options chain and chart patterns of V Visa prior to the earnings report this week,
I would consider purchasing the 235usd strike price Puts with
an expiration date of 2023-8-18,
for a premium of approximately $3.60.
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.
GU Push?Can we see a push from GU today? Looking for strengths in the dollar, I am currently watching London and NY sessions today.
Running most of this trade on fundamental analysis. Not too much technical. Using killzones and 200EMA implemented in my strategy, also watching MACD to determine buy and momentum.
Buy order is set, will update when entered. 7:1 R/R
POOL Corporation Options Ahead of EarningsAnalyzing the options chain of POOL Corporation prior to the earnings report this week,
I would consider purchasing the 350usd strike price Puts with
an expiration date of 2023-8-18,
for a premium of approximately $12.30.
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.
Litecoin LTC potential rally with the Stock MarketCryptocurrencies were left behind by the recent Stock Market rally.
With the arrival of new BTC Bitcoin ETFs, I expect the Crypto Market to follow!
LTC/USDT forecast
Entry Range: $85 - 90
Price Target 1: $96
Price Target 2: $102
Price Target 3: $107
Stop Loss: $75
Cardano ADA potential rally with the Stock MarketCryptocurrencies were left behind by the recent Stock Market rally.
With the arrival of new BTC Bitcoin ETFs, I expect the Crypto Market to follow!
ADA/USDT long
Entry Range: $0.26 - 0.29
Take Profit 1: $0.34
Take Profit 2: $0.40
Take Profit 3: $0.43
Stop Loss: $0.22
GRT The Graph migration to ArbitrumIn my opinion, despite the majority support for The Graph Improvement Proposal and the planned migration to Arbitrum, there are potential concerns for the GRT crypto token. The shift to Arbitrum, as an off-chain solution, may introduce uncertainties and risks that could impact the token's value.
Furthermore, the support level of $0.052 could be a significant point to monitor, as breaching that level may trigger additional selling pressure and potential downward momentum for GRT.
Looking forward to read your opinion about it!
Cardano ADA and the US Debt CeilingNegotiators from Democratic and Republican parties finalized an agreement on Sunday night.
Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the upcoming presidential election.
The resolution of the debt ceiling issue brings optimism and stability to the financial landscape, which has a positive ripple effect on the cryptocurrency market.
Bitcoin and the broader crypto market stand to benefit from increased investor confidence, reinforced safe-haven status, enhanced institutional adoption, regulatory clarity, and the overall positive impact on global markets.
ADA/USDT short
Entry Range: $0.35 - 0.37
Take Profit 1: $0.40
Take Profit 2: $0.43
Take Profit 3: $0.46
Stop Loss: $0.32
SFIX disappointing Q2 earningsThe Head and Shoulders chart pattern is one of the most bearish signs that you can see in chart.
That was also the case with PTON:
i don`t know how they eventually turn out to corelate with fundamentals and be right.
Since it is still a growth stock, Stitch Fix needs to deliver strong momentum. Instead, Stitch Fix projected that net revenue will drop 10% to 7% YoY, ranging $485 - $500Mil below expectations of $560.5 million.
Full-year guidance is flat, possibly even a minor descent.
In this case, the Market Cap of 1.198B doesn`t justify.
We will see an all time low today.
Polygon MATIC Price Targets after the Ethereum Shanghai upgradeEthereum’s Shanghai upgrade is scheduled to launch on April 12.
The upgrade will make more than 18 million ether, worth approximately $34Billion, withdrawable, possibly causing a sudden crypto market supply dump.
This is my scenario for Polygon:
MATIC/USDT short
Entry Range: $1.05 - 1.20
Take Profit 1: $0.95
Take Profit 2: $0.79
Take Profit 3: $0.63
Stop Loss: $1.41
Cardano ADA Price Targets after the Ethereum Shanghai upgradeEthereum’s Shanghai upgrade is scheduled to launch on April 12.
The upgrade will make more than 18 million ether, worth approximately $34Billion, withdrawable, possibly causing a sudden crypto market supply dump.
This is my scenario for Cardano ADA:
ADA/USDT short
Entry Range: $0.38 - 0.41
Take Profit 1: $0.34
Take Profit 2: $0.28
Take Profit 3: $0.24
Stop Loss: $0.44