Selling
Btc prediction.. small push (redistribution phase), 45-51k max..Hello everyone,
So my thoughts on BTC is that we are in the redistribution phase, which means a second peak (but not as high) as the previous 65k peak.
Look how the red lines perfectly line up.. i think BTC might try to test this with some kind of fakeout. Imo we could see 44-45k soon, 40k retest (black line) and after this maybe a final push before going down. We can see a similar pattern back in 2017.
SPX 0dte Option Income Trading July 23SPX 0dte Option Income Trading (Every Monday, Wednesday, Friday)
💡 SPX July 23’21 4390/4400 Bear Call Spread
$105 | Premium Received (per contract)
$405 | Buying Power Required (per contract)
76% | Probability of Profit (at entry)
10:14 AM | Time of Entry
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The Chicago Board Options Exchange (Cboe) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Most options expire worthless and we take advantage of this by writing credit spreads to collect premium. This strategy allows us to profit if the SPX moves up, down or doesn't move at all.
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LESLIE'S Puts and Sales Leslie's is a retail company who has recently been abused with an overload of puts and insider selling.
Insiders have sold an estimated $425840216 of shares with some key individuals such as the CEO selling 20% and 24% of his shares. Common theme is most insiders sold 20-24% of there holdings.
There as been decreases in calls and major increases in put options. Marketbeat states that Traders acquired 12,669 put options which is a 6500% increase.
The company has recently beaten some earnings forecasts such as its EPS and revenue.
Note. Leslies is currently in a channel between 50 day SMA and support level and the stock is dominated by Institutions ownership with very little retail ownership.
Top Shareholders leaving CRCTop shareholders of CRC have recently reduced there holdings.
1. GoldenTree Asset Management who owns 15,579,032 shares levelled holdings by a large 20.415% decrease
2. Ares Management who holds 14,788,286 shares have recently reduce there holdings by 14.64%
What could this mean?
--> Well to put it simply it may just be profit taking as Ares bought more shares around $30
--> Minimising positions. It is well known California is turning to green energy and the government is showing for support.
--> Stigma has also increased for oil due to media portrayal however the world is not ready to depart from oil so really it could be typically play of talking the talk and not walking the walk.
My Trade ideas for GBPUSDHellooo...My Dragon Friends
I see GBPUSD want create/forming SHS (shoulder Head Shoulder) Pattern.
SO I wait break first line and start to sell it...all confirmation break second line.
My Trade ideas
Sell GBPUSD at 1.7880-60
SL at 1.7960
TP1 at 1.7835
TP2 at 1.7825
TP3 at 1.7810
Lets See
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