DIS The Walt Disney Company Options Ahead of EarningsIf you haven’t sold based on the Head and Shoulders bearish chart pattern on DIS:
Now analyzing the options chain and the chart patterns of DIS The Walt Disney Company prior to the earnings report this week,
I would consider purchasing the 100usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $4.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
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NIO Options Ahead of EarningsIf you haven`t bought NIO before the previous breakout:
Now analyzing the options chain and the chart patterns of NIO prior to the earnings report this week,
I would consider purchasing the 4usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $0.86.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ASTS AST SpaceMobile Options Ahead of EarningsIf you haven`t bought ASTS before the major breakout:
Now analyzing the options chain and the chart patterns of ASTS AST SpaceMobile prior to the earnings report this week,
I would consider purchasing the 25usd strike price Calls with
an expiration date of 2025-5-16,
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.
BBAI BigBear ai Holdings Options Ahead of EarningsAnalyzing the options chain and the chart patterns of BBAI BigBear ai Holdings prior to the earnings report this week,
I would consider purchasing the 2usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $0.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
CLOV Clover Health Investments Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CLOV Clover Health Investments prior to the earnings report this week,
I would consider purchasing the 5usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $0.51.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AAPL Apple Options Ahead of Earnings If you haven`t bought AAPL before this major breakout:
Now analyzing the options chain and the chart patterns of AAPL Apple prior to the earnings report this week,
I would consider purchasing the 232.5usd strike price Calls with
an expiration date of 2024-11-1,
for a premium of approximately $4.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
RIOT Platforms Options Ahead of EarningsAnalyzing the options chain and the chart patterns of RIOT Platforms prior to the earnings report this week,
I would consider purchasing the 10usd strike price Calls with
an expiration date of 2024-11-1,
for a premium of approximately $0.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ABT Abbott Laboratories Options Ahead of EarningsIf you haven`t bought the dip on ABT:
Now analyzing the options chain and the chart patterns of ABT Abbott Laboratories prior to the earnings report this week,
I would consider purchasing the 115usd strike price Puts with
an expiration date of 2024-10-18,
for a premium of approximately $1.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
LW Lamb Weston Holdings Options Ahead of EarningsIf you haven`t sold LW before the previous earnings:
Now analyzing the options chain and the chart patterns of LW Lamb Weston Holdings prior to the earnings report this week,
I would consider purchasing the 65usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $5.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AYI Acuity Brands Options Ahead of EarningsAnalyzing the options chain and the chart patterns of AYI Acuity Brands prior to the earnings report this week,
I would consider purchasing the 260usd strike price Puts with
an expiration date of 2024-10-18,
for a premium of approximately $8.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
DLTR Dollar Tree Options Ahead of EarningsAnalyzing the options chain and the chart patterns of DLTR Dollar Tree prior to the earnings report this week,
I would consider purchasing the 85usd strike price Puts with
an expiration date of 2024-9-20,
for a premium of approximately $5.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
LEN Lennar Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of LEN Lennar Corporation prior to the earnings report this week,
I would consider purchasing the 185usd strike price Puts with
an expiration date of 2024-10-4,
for a premium of approximately $5.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
MRVL Marvell Technology Options Ahead of EarningsAnalyzing the options chain and the chart patterns of MRVL Marvell Technology prior to the earnings report this week,
I would consider purchasing the 70usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $9.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
LULU Lululemon Athletica Options Ahead of EarningsIf you haven`t bought LULU before:
Now analyzing the options chain and the chart patterns of LULU Lululemon Athletica prior to the earnings report this week,
I would consider purchasing the 267.5usd strike price Puts with
an expiration date of 2024-9-20,
for a premium of approximately $16.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
TGT Target Corporation Options Ahead of EarningsIf you haven`t sold the speculative bubble:
Now analyzing the options chain and the chart patterns of TGT Target Corporation prior to the earnings report this week,
I would consider purchasing the 135usd strike price Puts with
an expiration date of 2025-4-17,
for a premium of approximately $9.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
GOEV Canoo Options Ahead of EarningsIf you haven`t sold GOEV before the previous earnings:
Now analyzing the options chain and the chart patterns of GOEV Canoo prior to the earnings report this week,
I would consider purchasing the 2.50usd strike price Calls with
an expiration date of 2025-2-21,
for a premium of approximately $0.31.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
VUZI Vuzix Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of VUZI Vuzix Corporation prior to the earnings report this week,
I would consider purchasing the 2usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $0.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ZION Zions Bancorporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of ZION Zions Bancorporation prior to the earnings report this week,
I would consider purchasing the 45usd strike price Puts with
an expiration date of 2024-8-16,
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.
NOW ServiceNow Options Ahead of EarningsAnalyzing the options chain and the chart patterns of NOW ServiceNow prior to the earnings report this week,
I would consider purchasing the 760usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $32.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AMZN Amazon Options Ahead of EarningsIf you haven`t bought AMZN before the previous earnings:
Now analyzing the options chain and the chart patterns of AMZN Amazon prior to the earnings report this week,
I would consider purchasing the 185usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $16.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
EBAY Options Ahead of EarningsIf you haven`t bought EBAY before the breakout:
Now analyzing the options chain and the chart patterns of EBAY prior to the earnings report this week,
I would consider purchasing the 52usd strike price Puts with
an expiration date of 2024-8-16,
for a premium of approximately $0.98.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AMD Advanced Micro Devices Options Ahead of EarningsIf you haven`t bought AMD before the previous earnings:
Now analyzing the options chain and the chart patterns of AMD Advanced Micro Devices prior to the earnings report this week,
I would consider purchasing the 140usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $13.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Bitcoin's Potential Double Top: A Critical Technical AnalysisBitcoin has been experiencing notable volatility in recent months. On a weekly timeframe, technical analysis reveals a concerning double top pattern, which could indicate a significant retracement is on the horizon. This article delves into the implications of this pattern, the potential retracement levels, and the broader market factors influencing Bitcoin's price movements.
Double Top Pattern and Implications:
The double top is a bearish reversal pattern that typically signifies a potential downtrend following an uptrend. In Bitcoin's case, the first peak was around $73,000, followed by a recent high that failed to break through this level, forming the second top. The formation of this pattern suggests that Bitcoin might struggle to maintain its current levels and could face a significant decline.
Key Support Levels and Fibonacci Retracement:
Given the double top pattern, Bitcoin might retrace to its 50-day moving average, which aligns closely with the $47,000 support level. This level also corresponds to the 0.5 - 0.618 Fibonacci retracement, a critical area often considered a strong support in technical analysis. The confluence of these indicators suggests that $47,000 could serve as a robust floor for Bitcoin if the bearish pattern plays out.
Market Catalysts: Mt. Gox and German Bitcoin Sales:
The recent selloff from the $73,000 peak can be attributed to two significant market events. First, the Mt. Gox exchange has started repaying its creditors, many of whom are expected to liquidate their holdings for a profit. Mt. Gox has reportedly moved about 47,000 BTC for sale this month, flooding the market with additional supply.
Second, Germany has moved approximately 6,000 BTC for sale, further exacerbating the selling pressure. These large-scale sales have undoubtedly influenced Bitcoin's recent price decline, contributing to the bearish sentiment currently prevailing in the market.
Long-term Outlook: Bitcoin's Potential for Recovery:
Despite the short-term bearish indicators, the long-term outlook for Bitcoin remains optimistic among many analysts. The fundamental factors driving Bitcoin's value—such as increasing institutional adoption, limited supply, and growing recognition as a hedge against inflation—suggest that the cryptocurrency could recover and reach new heights.
By the end of the year, there is a plausible scenario where Bitcoin could surge to $80,000. This bullish projection hinges on several factors, including a stabilization of the current selloff, renewed investor confidence, and continued positive developments in the broader cryptocurrency ecosystem.