DISH - Descending WedgeFirst Publish - Test 1 Descending wedge on DISH. Let's see what this does in the next few weeks.Dby VarupPublished 3
TRADING IDEA: TWO BULLISH ASSUMPTION PLAYS IN DISHDISH announces earnings on Tuesday before market open and is a state of high volatility (>50%). While you can naturally go with the plain Jane volatility contraction play around earnings (short strangle), there might be an opportunity here to catch it at significant lows while simultaneously taking advantage of risk premium present here which will lower your cost basis out of the gate. The "Wheel of Fortune" Short Put Sell the June 15th 32.5 Put (Neutral to Bullish Assumption) Metrics: Probability of Profit: 64% Max Profit: 1.60/contract Buying Power Effect: 30.90 (cash secured); 6.18 (on margin) Break Even: 30.90 Notes: Look to either take profit at 50% max or run the contract all the way to expiry. If assigned, immediately proceed to cover at or above your cost basis (i.e., sell calls with strikes above 30.90). Proceed to work it as you would any other covered call. To bring in buying power effect somewhat, you can buy the throwaway 25 long for .15, which reduces the buying power effect to 6.05 in a cash secured environment (and reduces the credit received to 1.45 and changes your break even to 31.05); there isn't much advantage to doing that if on margin. The natural alternative is to roll the broken short put out "as is" for duration and additional credit before taking assignment. Assuming you can get a decent credit to do that, this is usually to your advantage somewhat, since taking on stock is more buying power intensive than naked short putting on margin or uber wide long put vertical in a cash secured environment. In the latter case, you'll have to re-up on buying a throwaway long before rolling out the short to keep the buying power effect in check. Synthetic Covered Call (Neutral to Bullish Assumption, But More Bullish than the Wheel of Fortune) Sell the June 15th 35 put Probability of Profit: 56% Max Profit: 2.95/contract Max Loss/Buying Power Effect: 32.05 (cash secured); 6.41 (on margin). Break Even: 32.05 Notes: Look to take profit at 50% max or do the same thing as you would with the Wheel of Fortune trade, albeit with a less favorable break even. Consequently, it's a slightly more bullish play since you need price to stay above your break even (32.05). Buying the 25 strike throwaway long brings in the buying power effect to 7.07 in a cash secured environment. * * * I also looked at doing a Poor Man's Covered Call, but it doesn't look like that would be a more capital efficient setup (at least when I priced it out during off hours) than naked short putting on margin or going uber wide short put vert to bring in buying power effect in cash secured. Preliminarily, a 90/30 June/Sept Poor Man's, which would involve buying the Sept 20 long and selling the June 15th 37.5 short, would cost 13.40 to put on.DLongby NaughtyPinesPublished 226
DISH looks good on technicalsDISH is touching 200 DMA, a support level from 2004 and MACD and RSI look as if they are turning aroundDLongby lucky_human_footPublished 3
DISH remains in a downtrendDISH remains capped by a declining trend line. DShortby ChristieCapitalPublished 1
#DISH forming a #doubletop #shortThis stock performs poorly on the daily and weekly charts. On the monthly chart you can see the stock is closing in on a double top ($43.38). This stock could down all the way into the single digits.DShortby The_Patterns_GuyPublished 0
DISH long (or Dec 17 calls) - channel based tradingEntered long here on DISH. Earnings not as bad as everyone feared and could be due for a short run up.Dby rockstarUpdated 1
Steep falling wedge near trend lineI like this one, but it can easily break down and go lower before turning up. I do like today's candle so I'm putting it up for you. Just be cautious as the bottom could be another step down. Buy: 53.60 Sell: 52.10 Target: 57.59 - 60.98 jbzstocks.com DLongby takemoreprofitsUpdated 3
DISH stock earnings report on 5/1/17If you look at last eight earning's reports 7/8 were positive, what does that mean for Monday? On Friday DISH had a large move compared to other candlesticks to left. On RSI trend is positive & PA is over Ichimoku cloud and gold trend line. I have calculated per option's list & implied volatility a 6% move this coming week, on weekly options. This is a weekly chart, so need to go to a shorter TF to set up any call options. This 6% move in noted at low of 60.52 & high of 68.33, from current PA. I will be doing a strangle and/or an straddle option involving both a call and put option, so direction will not matter this coming week on trade. Related to 7/8, will be leaning to bull trading this DISH stock, next wk. Remember: Options have leverage, which can be a great factor and/or a negative factor if you trade in wrong way. Why trade options instead of stocks? You would need to put up $6,500 or $650 to control 100 shares of same stock. Just like all trading, need a complete understanding and practice before real money.DLongby AnbatPublished 8
DISH NETWORKVery overbought, also a shooting star indicates demand has reached its peakDShortby Micss22Updated 2
SHORTING OPPORTUNITY ON DISH Dish is in a down trend seems to have formed a bear flag and would be a good short on the breakout. Bearish volume is picking up and price is hitting strong resistance. Momentum seems bullish however so I would only short on the breakout or just short lightly. DShortby saad_101Published 0
DISH Network - Swing Setup Cup & Handle Ended today with NR7 + NR3 Narrow and contracting range this week Lowering volume. DLongby ChannibalUpdated 0
Top Bearish TriangleThere is what looks a hidden head and shoulder's bottom with target price of $72 area, but we also detected top triangle which is bearish and has a measured target price at and around $58.50. If you decide to take bearish trade, make your stop at recent swing high. If you are interested in real time alerts checkout www.2waytrading.comDShortby XafadaPublished 0