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Sjm

SJM The J. M. Smucker Company Options Ahead of EarningsAnalyzing the options chain and the chart patterns of SJM The J. M. Smucker Company prior to the earnings report this week, I would consider purchasing the 140usd strike price in the money Calls with an expiration date of 2023-9-15, for a premium of approximately $4.60. 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.
NYSE:SJMLong
by TopgOptions
LONG JM SMUCkERA; local favorite around here .. the JM SMUCKER company is paying a nice 3.0% yield on their div and has also formed a cup and handle pattern on the daily and looks like it's about to take off to break ATHs soon It had trouble breaking $135 last week, but it didn't crash like the rest of the market After reporting earnings on the 23rd and beating expectations in by 18%; they were able to open at $131.26 after closing the previous day at $126.44 Even with all the FUD in the market they closed at $130.95 Once they break $135, the last major resistance sitting between them and the previous all-time high of $157.31i is $139.77 I'm gonna buy asap to lock in my div yield and enjoy the (hopefully) ride up.
NYSE:SJMLong
by choochoohiggins
How to make $1,000,000 next month! JK.. Let's talk about snacksI've been a very big fan of companies that own packaged food brands (snacks) the American people love. Especially brands that are being stocked in large quantities in times of distress, like a pandemic. Not only is playing good defense very attractive right now from a technical standpoint, it also makes a lot of sense logically when you think about risk. There is a flight to quality happening in the institutional world. Capital has to flow somewhere. Funds cannot just sit in cash, nor could they go all in on bonds, gold or tech stocks (which happen to be the safe haven at the moment). They need something (a company) that could reliably forecast its earnings power in the next x months or years. Companies that will continue ringing the register with no surprises, minimal uncertainty, no matter how bad a viral pandemic could get. Now here is where things get interesting. Times of crisis *usually* represent bottoms in markets. Are we at that point in history now? I think we are, at least in time - maybe 2020, maybe 2021. 10 or 20 years from now you won't know the difference. So we could use the analysis above as an indicator for the broader economy, or let your capital flow into defensive stocks and sleep well at night. A combination of both works too. Now I think the S&P is at a level where it's about to roll over (currently at 2950, I think we're about 80 points max from an intermediate top - see my April 24th publication on the S&P 500). So Smucker's could see some downside before breaking out. The range of interest is between 101 - 116. It's a buy anywhere inside of there. I know everyone on TradingView is a day trader and wants to make millions overnight. So I'm sorry that this is a 5-10 year horizon trade. Call options are another way to make a big return on Smucker's.. ;). Just throwing ideas. Thanks for reading. Adios
NYSE:SJMLong
by Lanmar
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