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Theta

✴️ Theta Token | Easy 100%+ (Name Your Altcoin #37)The drawings were already done here so this makes my job so much easier... Theta Token is trading daily above MA200, this level was conquered recently and tested as support. Staying above it signals long-term growth potential. What we are seeing now is a small (small as in time duration) consolidation phase. Consolidating the previous bullish breakout. It was so strong that several weeks are needed just for the market to adjust to the new prices. The fact that we get consolidation rather than correction is a signal of strength. We can easily see a 57% jump and even higher, to 115% in a matter of several weeks. This can vary but the chart reads strongly bullish as it is. Support and resistance levels are mapped on the chart. Remember, the charts can always change... That's why we prepare for all possible scenarios when we trade. No surprises, wiser choices when decision time comes. Namaste.
Long
by AlanSantana
5
TSLA strangle 195c / 85pTrade thesis - theta collection - current IV rank and percentile are at historical highs aggregating past 252 trading days IV rank: 95% IV %: 99% - near delta neutral options strangle position of 195c/85p on Feb 17 monthly expiry - 85p short leg represent a -32% price buffer to the downside - 195c forms a nearly delta neutral trade on call side (+.02 delta) - 56 DTE / ideal duration to sell premium Position - entry: $123.95 - strategy: strangle - structure: short 02/17 195c (.10 delta) short 02/17 75p (.12 delta) - cost: $500 credit - delta: 2.96 - theta: 13.867 - gamma: -0.86 - vega: -18.13 Targets - Profit target: $250 total profit (50% of credit collected) - SL target: -50% loss - management strategy: roll unchallenged side to higher delta to maintain at least .10 delta on each side roll unchallenged side to higher delta (5 strikes) to collect additional credit (10% minimum of roll width) exit position before earnings on 01/25/23
NASDAQ:TSLA
by EqEx
1
Trade Plan 12/15/2022 TP1> if we manage to Trade/Bid above MAIN POC 4078, we can test > 4108 > 4141 > 4186 > 4207 > 4221 TP2> if we Open/Trade below MAIN POC 4078 > we can test > 4054 > 4035 > 3995 > 3980 > 3960 > 3934 > 3914 (LIS - Bulls Trapped) Volume Profile 12/14/2022 - Unfair High 4091 (Below Y High) FOMC DUMP, and no BUYERS. Volume accumulation setup > It is forming since yesterday when SELLERS were super aggressive, strong SELLERS entering their positions in Rotation Area, with a clear change on the Volume Profile TREND. Strong Sellers who were accumulating their positions are likely to defend their positions and their interests. So, when the price returns to the volume accumulation area > MAIN POC 4078 (12/14) and MAIN POC 4054 (12/13), Strong Sellers start to defend their positions aggressively. This means that strong buyers start aggressive buying activity to drive the price upwards again. Strong sellers defend their short positions by aggressive sell-off which moves the price lower again. Here is a picture to demonstrate this (Short trade scenario): *This is a 50/50 Game, trade plan & risk management and trade management is mandatory
CME_MINI:ES1!Short
by IronMan_Trader
Is Option Buying a Loser Game ? The picture above is a LOTTO PLAY I took this morning, end up buying 4250 ES CALL 6DTE for an avg of $11 at 8:07am (we were trading around 4054 level) , after the report in 2 minutes ES spiked to 4180 and my options price went to $30 Great I was up +160%, but with IV CRUSH + MKT HEADING LOWER 50 points before the bell, my OPTIONS that I got before 8:10am were losing money already.... but how If my entry was at 4054 and we were trading almost +100 points higher ? - Because when you buy an option you have all the factors against you, the probability of success are too small, as you have TIME (Theta) against you + the IV (Implied Volatility) you have not only to be right, but rely on the trend to follow, every minute you are wrong you are losing... Even if the market is sideways and not moving, your options have expiration and every second count, so you better be a DIRECTIONAL HERO and NAIL the trade. So today I was up 160% and end up losing this trade !! Part of the Game, as I call this a LOTTO PLAY ! It was BAD LUCK today, YES and NO, lack of liquidity was another factor (when you trade ES OPTIONS), at this chart you can see there was no orders getting filled at 30, mine didn't get filled, only a lucky trader got out at 25.25 !! After that it was a DUMP and NASTY day! To answer the question, I would say it depends on how you TRADE, but Please don't get me wrong, I do day trade 99% of the time on the BUY SIDE (Buying CALL or SELLING PUT), but 99% of my long time frame trades are on the SELL SIDE of OPTIONS (Selling CALL or Selling PUT) to have probability in my favor. I hope this can help you to understand why most of the times you end up losing money on the BUY SIDE of OPTIONS, the GREEKS are against you !
CME_MINI:ES1!
by IronMan_Trader
Trade Plan 12/14/2022 TP1> if we manage to Trade/Bid above MAIN POC 4054, we can test > 4081 > 4141 > 4186 > 4207 > 4221 TP2> if we Open/Trade below MAIN POC 4054 > we can test > 4035 > 3995 > 3980 > 3960 > 3934 > 3914 (LIS - Bulls Trapped) *All those levels will be INVALID as tomorrow 2:00 PM we will have FOMC Interest Rates REPORT ! GET READY for LOTTO TRADES. $ES can move again +100/150 handles.... Yep, believe me or not we are going to survive tomorrow also !! Daily PIN BAR candle fading all the CPI pre-mkt move. STRONG HIGH = SUPER BEARISH / REVERSAL Reason I'm Flat and waiting to short, we have FOMC Tomorrow 12/14/2022 by 2:00pm.
CME_MINI:ES1!
by IronMan_Trader