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Nvidia long position ongoing. Hello traders. Just wanted to share an ongoing Nvidia trade with opportunity to still enter before market reopen. Working the H1 time frame here on this stock using a follow trend script. Nvidia is a great example of how the script I'm using can be used on stocks if you operate on lower time frames to catch the ups and downs needed for working those lower time frames. On this stock I'm using the script to work to a stop loss and take profit target. Back test data is show at the bottom of screen on three years worth of data. For anymore information please drop me a message.
NASDAQ:NVDALong
by RichScott
Options Delta ExplainedI’m Markus Heitkoetter and I’ve been an active trader for over 20 years. I often see people who start trading and expect their accounts to explode, based on promises and hype they see in ads and e-mails. They start trading and realize it doesn’t work this way. The purpose of these articles is to show you the trading strategies and tools that I personally use to trade my own account so that you can grow your own account systematically. Real money…real trades. What is Delta? What is Delta? You see options prices are influenced by what they call the Greeks. A few of the Greeks are Delta, Gamma, and Theta. These are just three of the Greeks there are more. When you’re trading options, it is important that you know about the Greeks and what they do. For this article, we will focus on Delta, what it is, and why you should know exactly what Delta is. Then we’ll go through a specific example explaining it, and then I’ll share with you a few things that you need to know about Delta. So let’s get started. The Greeks OK, so as I mentioned, there are the option Greeks. Here are a few of them and what they tell you: 1) Delta is actually measuring the sensitivity. It’s a mouthful, but I’ll show you exactly what it means, for the option’s premium relative to the underlying asset in this article. In a nutshell, though, it basically says, how much does the option price change if the stock moves $1 to the upside or the downside? 2) Gamma is the rate of change of the Delta. 3) Theta , and Theta basically measures time decay. What Is Delta? So what is Delta? Delta is a number between 0 and 1 that measures how much the price of an option changes if the stock moves by $1. I know all of this sounds super theoretical, so let me actually give you a specific example. Now, the example that I want to use here is Microsoft MSFT when it was trading at $211.20. I want to cover different strike prices of options, because, again, options have strike prices and expirations. We are looking at the current price of this option and we will look at the new price of this option if MSFT moves by $1 from $211.20 to $212.20. When you bring up the option chain in your trading platform, in my case I use Tastyworks, the option we are using as an example is expiring on November 27th. Here, you would see there are different call options on this site with different strike prices. You would also see that they have all sorts of different Deltas. So let’s get started with the 205 that is right now trading at $7.30, and the Delta is 0.8. Remember, the Delta is 0.8 because again, the Delta is between 0 and 1. I’ll tell you about negative Delta in just a moment. The current price of the option is what we are seeing right here. We look at the last traded price, the last traded price is $6.92. So what does it mean? It means if MSFT goes up by $1 to $212.20, that the new price is $6.92 plus the Delta ($0.80). So, you see this where it’s really important that you understand Delta. Some people think that options move even more than the stock, and this is not true at all. So option prices always move less than the stock price. So the new price here of the option would then be $7.72. So this is for a strike price of 205, and this is a strike price that is so-called ITM “In The Money” because its value, its strike is less than the current price. Now let’s take a look at a strike that is at the money. Now assuming MSFT is trading at $211 we will use the 210 strike price. The 210 strike price has a Delta of 0.57, and this would be a so-called ATM “At The Money” with a Delta of 0.57. Again, it is between 0 and 1. The current price of the 210 strike here is $3.05. We are using the last traded price here. So if MSFT moves by $1 upwards, this option only moves 0.57. So this means that this option moves to $3.62. Lets cover one more example. So if we are using a strike of 215, that would be OTM “Out Of The Money,” and the Delta is 0.27. So the current price of this option is $1.06. So if the stock moves up by a dollar, this option only moves up by $0.27. Even though the stock moves up by $1, this only moves to $1.33. Things You Need To Know So let’s talk about the things you need to know. Options that are ITM have a higher Delta then options OTM. So this means that ITM options move more. Now, if you were to look back at your options chain, you see that the Delta for deep in the money options is 0.98. So this basically means that if the stock goes up by $1, the price of this option goes up by $0.98, so the deeper in the money, the closer to $1 the price will move. So options that are ITM are more expensive. This is where it’s important that you see that there’s a relationship between the Delta and the price. The higher the Delta, the higher the price, because the higher the Delta, the more it is in the money. As a rule of thumb, options ATM “At The Money” which are right where the strike price is right at the level where the current price is, are usually around 0.5. Now, all this applies to call options. Now put options have a negative Delta which is between -1 and 0. Well, the price of a put decreases if the option goes up. So the Delta for put options is all negative. Now, put options that are ATM, are usually closer to one. And options that are OTM, don’t move a whole lot. This is very important because some people just think, “Oh, my gosh, I’m buying out of the money options because they are cheap. It is so much cheaper to pay $1.6 than $6.92.” But they don’t really move a whole lot. Now here’s a really cool tip that you might not have known. The Delta is a rough estimate of the probability of the stock price closing above the strike. So here, you see with a delta of 0.8, it means that there’s an 80% probability right now that the stock will be above that strike price. If the Delta is 0.27, then that means there’s a 27% probability that the stock will be above that strike price. So I think it’s kind of cool as an options trader to know this. So the Delta is giving you a rough approximation of how likely is it that the stock will be above or below the current strike price on exploration. Now here’s the tricky part, Delta is not fixed. So the Delta changes as the price changes and here’s why. Right now, if, for example, MSFT (trading at $211) goes up to 215, the current strike price of 210 is deeper in the money therefore, then the Delta will be higher. So now you know what Delta is, how it influences the option price, and you see that this is important when you are trading options.
TVC:NDQ
by rockwelltrading
Genius Sports Group To Go Public Through Combination With DMYDGenius Sports Group To Go Public Through Combination With NYSE-Listed dMY Technology Group II - Pro forma enterprise value of the merger of approximately $1.5 billion, or 8.0x GSG's currently projected 2021 revenue of $190 million. - Transaction includes a $330 million fully committed private investment ("PIPE") at $10.00 per share. anchored by institutional and experienced industry investors - The combined company is expected to have approximately $150 million of growth capital (assuming no redemptions) and a substantially debt-free balance sheet to accelerate its U.S. and international expansion through organic growth and strategic acquisitions - dMY II shareholders, GSG shareholders and PIPE investors will hold shares in NYSE-listed combined company The Boards of Directors of both dMY II and GSG have unanimously approved the transaction. The transaction will require the approval of dMY II's stockholders, and is subject to other customary closing conditions, including a minimum cash condition. The transaction is expected to close in Q1 2021. finance.yahoo.com
D
by AlenCiken
HydraFacial and Vesper Healthcare Announce Business CombinationHydraFacial, an Experiential Beauty Health Company, and Vesper Healthcare Announce Business Combination HydraFacial is a category-creating beauty health company that provides a platform and technology to a community of providers and consumers, to deliver an experiential, 30-minute facial that offers results similar to a medical treatment Transaction values HydraFacial at an enterprise value of $1.1 billion. Following the transaction, the company expects to have $100M in cash and no debt The purchase price consists of $975 million payable at closing and up to $75 million payable upon the completion of certain identified acquisitions by the combined company. Top-tier institutional investors anchoring the fully committed $350 million PIPE include Fidelity Management & Research Company, LLC, Redmile Group, LLC, Principal Global Investors, LLC, Camber Capital Management and Woodline Partners LP Linden Capital Partners, a leading private equity firm, will remain the Company’s largest shareholder. The transaction, which has been unanimously approved by both Vesper Healthcare’s and HydraFacial’s boards of directors, is expected to close in the first half of 2021 and is subject to approval by Vesper Healthcare’s shareholders and other customary closing conditions, including any applicable regulatory approvals. finance.yahoo.com
V
by AlenCiken
btwn is considering a potential merger with TokopediaBridgetown Holdings Ltd., the blank-check company backed by billionaires Richard Li and Peter Thiel , is considering a potential merger with Indonesia’s e-commerce giant PT Tokopedia, according to people with knowledge of the matter. he special purpose acquisition company is exploring the structure and feasibility of a deal with Tokopedia, one of the most valuable startups in the southeast Asian nation, the people said. The SoftBank Group Corp.-backed firm could be valued at $8 billion to $10 billion in a transaction, said the people, who asked not to be identified as the discussions are private. Deliberations are at a prelim Bridgetown raised $550 million in a U.S. initial public offering in October, following other so-called blank-check companies such as those associated with billionaire investor Bill Ackman and former U.S. House Speaker Paul Ryan. Merging with a SPAC has become an increasingly popular method for closely held businesses to raise capital for growth. A potential merger with Tokopedia would also be in- Merging with a SPAC has become an increasingly popular method for closely held businesses to raise capital for growth. A potential merger with Tokopedia would also be in-line with the strategy that Bridgetown set out in its prospectus: to focus on a target in the technology, financial services or media sectors in Southeast Asia. Tokopedia became Indonesia’s second most valuable startup, just behind ride-hailing and delivery giant Gojek, by scoring early backing from SoftBank and Alibaba Group Holding Ltd. Alphabet Inc.’s Google and Temasek Holdings Pte invested about $350 million in Tokopedia, people familiar with the matter have said. E-commerce platforms including Tokopedia, Alibaba’s Lazada Group and Shopee -- a unit of Singapore-based Sea Ltd. -- have been some of the beneficiaries of coronavirus-driven lockdowns this year as they moved quickly to serve the millions of people forced to make their first online purchases while staying home. www.bloombergquint.com
B
by AlenCiken
Advent Technologies Inc. to Combine With Spac AMCIAdvent Technologies Inc. to Combine With AMCI Acquisition Corp., Creating a Leading Next Generation Fuel Cell Technology Company dvent has a proven business model – Advent has a proven, scalable business model that delivers consistent and recurring revenue, with an approximately $100m revenue opportunity per 1GW of customer demand. Support from Advent shareholders – Advent’s existing shareholders will be rolling 100% of their equity into the combined company (subject to Advent stockholder approval of the transaction) exhibiting their confidence in the growth prospects of Advent. The business combination values Advent at a $358 million pro forma post-money enterprise value at a share price of $10.00, assuming no redemptions by AMCI shareholders and no purchase price adjustments. The boards of directors of both Advent and AMCI have unanimously approved the proposed transaction, which is expected to be completed in the fourth quarter of 2020 or early 2021 AMCI will also amend its warrants at the closing of the business combination to cash-out all of its outstanding warrants for a payment of $1.50 per warrant finance.yahoo.com
A
by AlenCiken
Romeo Power Technology to List on NYSE Through Merger With RMGRomeo Power Technology, Leading Provider of Battery Technology to the Commercial EV Market, to List on NYSE Through Merger With RMG Acquisition Corp. Romeo Power raises $384 million through the business combination, including a $150 million fully committed PIPE anchored by institutional investors as well as strategic investors The Heritage Group and Republic Services Pro forma equity value of the combined company is approximately $1.33 billion Transaction is expected to close in the fourth quarter of 2020 Upon closing of the transaction, the combined company will be named Romeo Power, Inc. and is expected to remain listed on the NYSE and trade under the new ticker symbol "RMO". The company has varying forms of agreements with customers, enhancing visibility into the company’s future growth, including over $300 million of currently contracted revenue. finance.yahoo.com
R
by AlenCiken
Opendoor to Become Publicly-traded via Merger with IPOBOpendoor, a Leading Digital Platform for Residential Real Estate, Announces Plans to Become Publicly-traded via Merger with Social Capital Hedosophia The transaction values Opendoor at an enterprise value of $4.8 billion, and is expected to provide up to $1.0 billion in cash proceeds, including a fully committed PIPE of $600 million and up to $414 million of cash held in the trust account of Social Capital Hedosophia Holdings Corp. II ("SCH") Insiders are making a significant commitment of $200 million of the $600 million PIPE. This $200 million commitment includes $100 million from Chamath Palihapitiya, Founder and CEO of SCH, $58 million from Hedosophia, with the remainder invested by existing Opendoor shareholders, Access Industries and Lennar, along with Opendoor management Top-tier institutional investors anchoring the remaining $400 million of PIPE investments include funds and accounts managed by BlackRock and Healthcare of Ontario Pension Plan (HOOPP) Opendoor expects to have up to $1.5 billion in cash on its balance sheet to fund operations and support new and existing growth initiatives. finance.yahoo.com
I
by AlenCiken
A look at DataDog stock growth.Hello Traders I've covered the potential of the strategy script I am using on stocks like Tesla and Apple and how the script presented early entry opportunities. Working the W1 chart on those two stocks mentioned buy signals presented on both at stages in 2019 and have kicked on to some unreal gains. But now its time to focus on some potential growth stocks. Here I talk about Datadog. This stock year to date has grown 164% and the strategy I use presented a buy signal back in June which is when I entered this one in to my portfolio. Since then it has gone on to gain 15%. Still loads of potential growth and when working this time frame its all about long term growth. For any more information on the strategy I utilize please drop me a message.
NASDAQ:DDOGLong
by RichScott
HCAC Announces Effectiveness of Registration StatementHennessy Capital Acquisition Corp. IV Announces Effectiveness of Registration Statement and Record and Meeting Dates for Special Meeting of Stockholders to Approve Proposed Business Combination with Canoo Holdings Ltd. - Special meeting of stockholders to approve proposed business combination with Canoo Holdings Ltd. to be held on December 21, 2020 - - Record date for the special meeting will be October 27, 2020 - - Upon closing, combined company stock and warrants will trade under “GOEV” and “GOEVW” ticker symbols – - Canoo will reveal its Multi-Purpose Delivery Vehicle on December 17, 2020 - - Since announcing the transaction, Canoo has seen substantial growth in consumer demand and significant interest from potential partners in its proprietary market leading EV platform and underlying technologies. - HCAC’s stockholders of record at the close of business on the Record Date are entitled to receive notice of the Special Meeting and to vote the shares of common stock of HCAC owned by them at the Special Meeting. finance.yahoo.com
HLong
by AlenCiken
EV developer Canoo to go public via reverse merger with HCAC- Transaction to provide approximately $600 million of gross proceeds that will support the production and launch of electric vehicles (EV) featuring Canoo's advanced skateboard technology - Transaction is supported by a fully committed common stock PIPE of over $300 million, including investments from funds and accounts managed by BlackRock, among other institutional investors - As a result of outsized demand, the PIPE offering was meaningfully oversubscribed and upsized - Pro forma equity value of the merger is approximately $2.4 billion The boards of directors of both Canoo and HCAC have unanimously approved the proposed business combination, which is expected to be completed in the fourth quarter of 2020, subject to, among other things, the approval by HCAC stockholders and the satisfaction or waiver of other customary closing conditions. finance.yahoo.com
HLong
by AlenCiken
The Lion Electric Company to go public via NGA spac companyThe Lion Electric Company and Northern Genesis Acquisition Corp. Announce Merger and Commitments for $200 Million in a PIPE; Combined Company Expected to be Listed on NYSE - The Lion Electric Company ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles - Pro forma implied market capitalization of the combined company of $1.9 billion, at the $10.00 per share PIPE subscription price and assuming no public shareholders of Northern Genesis exercise their redemption rights. - Transaction includes a $200 million fully committed private placement of common shares in Lion (PIPE). - The company is expected to receive approximately $500 million of net cash proceeds in connection with the transaction, comprised of $200 million from a PIPE and approximately $320 million of cash held in trust by Northern Genesis assuming no public shareholders of Northern Genesis exercise their redemption rights at closing. - Completion of the proposed transaction is expected to occur in the first quarter of 2021. finance.yahoo.com stock
N
by AlenCiken
TransGlobe Energy Corporation Announces an AgreementTransGlobe Energy Corporation Announces an Agreement to Merge, Extend and Modernize Its Eastern Desert Concessions Micro-cap TransGlobe Energy (TGA +45.1%) has reached an agreement with Egyptian General Petroleum to merge TransGlobe’s three existing Eastern Desert concessions into a new modernized concession agreement. The merged concession will have a new 15-year development term and a 5-year extension option. Improved netbacks and increased cash flows are expected to fund new investments in incremental recovery projects. TGA will pay an initial equalization payment of $15M and signature bonus of $1M on ratification, with five further annual equalization payments of $10M each being made over five years (beginning Feb. 1, 2022 until Feb. 1, 2026). finance.yahoo.com
TLong
by AlenCiken
Rush Street Interactive to go public via DMYT spac companyRush Street Interactive and dMY Technology Group to Combine to Create a Growing Publicly Traded Online Gaming Company Combined company anticipated to have initial enterprise value of approximately $1.78 billion, plus an estimated over $235 million in net cash to fund growth strategy Transactions include a $160 million committed PIPE at $10.00 per share led by Fidelity Management and Research Company RSI projects approximately $320 million in revenue for 2021 fiscal year The transaction is expected to close in 2020 . Upon closing, dMY intends to change its name to Rush Street Interactive, Inc. and its NYSE trading symbol to "RSI." finance.yahoo.com
D
by AlenCiken
S&P Analysis Week of 12/13/2020: Will Selling Continue?S&P Analysis Week of 12/13/2020: Will Selling Continue? Will the S&P continue to sell off this week or will it make new all time highs? There has been a lot of whiplash and volatility over the year and last week was another good example. How many people thought they were in a good trade making profit only for the market to come back and take it away and some? The market makers love to make investors look like fools and I expect that to continue this week. My setups this week are pretty simple: Trade #1 (long): This trade setup waits until we are back at all time highs. A break above this level (with a retest) would be a good bet we are going to see higher prices and/or a melt-up. Note: Markets like to test the bottom of breakup candles and the top of breakdown candles. Do not be surprised or frustrated if price climbs back up to this point. It could just be a retest, which is why I would wait until we get above this breakdown candle. Also, price usually does not succeed on the first attempt. If price hangs out in this area after the first attempt, expect the market to plow through this level at some point. Trade #2 (short): This trade setup waits until we break last week's low (with a retest) before going on to make lower prices. Last week I indicated a potential short trade but I labeled it as 'not preferred' because we were in an uptrend and the trend is your friend until its not. We are still in an uptrend technically (all the charts on the higher timeframes look healthy). However, if price starts to make a lower low from last week, we are probably heading for lower prices. So that's why I drew this trade in this week. Note: I still think you need to be very careful shorting in an uptrend. Last week, we saw whiplash because there were numerous short opportunities erased by a reversal pump. That's what happens when you try to short in an uptrend. Prices bounce a lot easier or tend to want to continue to go up. NEVER play the breakouts (they usually result in a retrace back to the breakout/breakdown area). Wait for the retest and resumption in the direction of your trade setup. Good luck and please hit the like button.
CME_MINI:MESZ2020
by XYZ-Trader-
3
Hims & Hers to Become Publicly-Traded via Merger with OAKHims & Hers, a Multi-Specialty Telehealth Platform, to Become Publicly-Traded via Merger with Oaktree Acquisition Corp. Combined company to have an implied initial enterprise value of approximately $1.6 billion, with the company expected to have an estimated $330 million in cash after closing Top-tier investors, including Franklin Templeton and clients of Oaktree, anchoring a $75 million PIPE Leading existing institutional backers of Hims & Hers, including Founders Fund, Forerunner Ventures, IVP, Redpoint Ventures, Thrive Capital, McKesson Ventures, and the Canadian Pension Plan Investment Board intend to roll 100% of their equity The enterprise value equals 8.9x estimated 2021 revenue and 12.2x estimated 2021 gross profit, an attractive valuation relative to telehealth peers despite the Company’s leading growth and margin profile. The transaction is expected to close in the fourth quarter of 2020. finance.yahoo.com
OLong
by AlenCiken
Danimer Scientific to go public via loak spac companyDanimer Scientific has entered into a definitive merger agreement with Live Oak Acquisition Corp. (NYSE: LOAK) Pioneer in creating fully biodegradable and compostable bioplastics providing a cleaner, healthier, and environmentally responsible alternative to fossil fuel-based plastics High-growth industry leader with blue chip customer contracts (PepsiCo, Nestlé, Genpak, WinCup, Columbia Packaging Group and Plastic Suppliers Inc.) demonstrating large-scale demand for PHA-based biodegradable plastics Institutional investors commit to invest $210 million at closing; including certain funds managed by affiliates of Apollo, Federated Hermes Kaufmann Small Cap Fund, and over $50 million from Live Oak affiliates $890 million of equity, $385 million of cash and only $20 million of pro forma debt provide ample flexibility to support abundant long-term growth opportunities Fully financed at closing of the merger to expand production capacity from 20 million pounds annually today to approximately 200 million pounds in 2025 Intense demand from existing blue chip multinational customers supports management revenue forecast of over $500 million annually in 2025, with significantly increased profit margins by scaling existing production facilities The transaction implies an equity valuation for Danimer of approximately $890 million at closing . It is anticipated that the combined company will have approximately $385 million of unrestricted cash on the balance sheet to fully fund future, planned growth, including the expansion of its current facility and the build out of its contemplated greenfield facility. finance.yahoo.com stock
L
by AlenCiken
Tuscan Holdings Corp. Announces Intent to Combine With MicrovastTuscan Holdings Corp. Announces Intent to Combine With Microvast Inc. ("Tuscan") today confirmed that it has signed a letter of intent ("LOI") related to a business combination with Microvast Inc., a market leading provider of next-generation battery technologies for commercial and specialty use electric vehicles ("Microvast" or the "Company"). Microvast has a compelling financial profile, with significant historical revenues as well as projected growth and profitability. With its battery technology installed in over 28,000 vehicles worldwide, an impressive, growing list of global OEM customers, and a strategic partnership with Fiat Power Train Industrial Microvast expects to generate over $100 million of revenue this financial year. Completion of the transaction is subject to, among other things, the execution of a definitive agreement, approval by the two companies' boards, satisfaction of customary closing conditions and approval of the transaction by each company's shareholders. Accordingly, there can be no assurance that a definitive agreement will be entered into or that the proposed transaction will be consummated on the terms currently contemplated or at all. finance.yahoo.com
T
by AlenCiken
View to Merge with CFII, a SPAC sponsored by Cantor FitzgeraldView, the leader in Smart Windows, to Merge with CF Finance Acquisition Corp., II (Nasdaq: CFII) ("CF II"), a special purpose acquisition company sponsored by Cantor Fitzgerald - View is the market leader in next-generation smart windows that use artificial intelligence and machine learning which will tint the glass to optimize natural light while controlling heat and glare to enhance mental and physical well-being for occupants, creating smart connected buildings which reduce energy consumption and greenhouse gas (GHG) emissions. - The combined company will be called View, Inc. and will be publicly listed on the NASDAQ market - The transaction values View at an enterprise value of $1.6 billion, and is expected to provide up to $800 million in proceeds, including a fully committed PIPE of $300 million at $10.00 per share and up to $500 million of cash held in the trust account of CF Finance Acquisition Corp. II - The transaction is expected to close in the first quarter of 2021. finance.yahoo.com
CLong
by AlenCiken
Lightning EMotors Said In Talks to Go Public Via GigCapital3Lightning EMotors Said In Talks to Go Public Via GigCapital3 -Lightning EMotors, a company that focuses on fleet electrification and cutting out fuel consumption, is in advanced talks to go public through a merger with blank-check firm GigCapital3 Inc., according to people with knowledge of the matter. -GigCapital3 is seeking to raise about $100 million in new equity to support a transaction that would create a combined entity worth $700 million to $1 billion, including debt, said the people, who requested anonymity because the talks are private. Terms could change but a deal, if agreed, could be announced as soon as next week, some of the people said. A representative for Lightning EMotors declined to comment. Representatives for GigCapital3 didn’t immediately respond to requests for comment. -The Loveland, Colorado-based company, formerly known as Lightning Hybrids, adds technology to commercial vehicles such as vans, trucks and buses that reduces their emissions to zero, and provides a charging service. -The company said in October that it had more than doubled its manufacturing space, ramped up production and that it had doubled its workforce. - “There is significant momentum building in the commercial medium-duty electric vehicle industry, driven by social and regulatory trends,” Chief Executive Officer Tim Reeser said in a statement at the time, noting that demand outstrips supply for the industry. Reeser is also a managing director at Aravaipa Ventures, a Boulder, Colorado-based investment firm. - GigCapital3, led by executive chairman Avi Katz, raised $200 million in a May initial public offering. It said it’ll focus on companies with enterprise valuations larger than $500 million in the technology, media and telecommunications industry. - Katz’s GigCapital2 Inc. in October said it signed a letter of intent to merge with Bolder Industries, a company that converts end-of-life tires into sustainable industrial products. An earlier SPAC, GigCapital Inc., merged with Kaleyra SpA in a deal that took the software company public. - A deal between GigCapital3 and Lightning eMotors would follow the pending merger of Pivotal Investment Corp. II and XL Fleet, another company that specializes in fleet electrification. finance.yahoo.com
GLong
by AlenCiken