1D) Short AAOI 22% since last alert. But the bearish pattern confirmed it's a short candidate from now.
AAOI trade ideas
Buying the bottomJust an idea for those who aren't afraid to lose some money. This is a FULLY speculative trade, risk on ur own. Got in @ $10 and will buy some more @ $11-12. SL $5, TP $25-50-100.
AAOI -- High risk bullish tradeStill trying to avoid buying anything near all time highs but have learned that companies that seem cheap are not. I have added some hedge or kicker to these more riskier trades that I intend to leg out of if the price drops. I have no problem selling a 3 lot at the 12.5 strike for 1.30 but like the choice of taking some profit on a long put option should things fall apart and the stock craters. AAOI "a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom, and fiber-to-the-home" seems to be an area that could grow in the future and I think made IBD50 list at some point? I went all the way out to June because if price rises the trade can still be closed relatively quickly but if it collapses I will collect less in a shorter term trade and with time to recover by June I will just take profit on the long put leg and roll the short puts out in time. I bought 1 15 strike put and sold 3 12.5 strike puts for a credit of 1.45 This gives me the most choices and I am not above taking profit on the long 15 put and buying long puts at the 10 strike (backratio) should this thing really go off the rails........but this is a small trade and if things get that bad there should be lots of volatility to take advantage of.......wish me luck.
$AAOI Bearish Options Activity - $1M Earnings Bet$AAOI Bearish Options Activity - Earnings Tomorrow
17k $12-$14-$15 strike puts expiring this Friday traded today vs OI of 3k for total premium of $1.3M
Price could see sub-$13 this week in my opinion if ER is negative.
Note: Informational analysis, not investment advice.
AAOI Possible Double BottomLooking to go long
Will wait to see what price does in the next couple of weeks
I don't like the rejection of moving average
May retest major support before reversing
$AAOI - -short term bullish, $17 price target 1-2 weeksplaying this idea with options. $17 calls for 1-2 weeks.
4 hour chart looking bullish with waves 1 and 2 completed. fib extension to $17+ for 1:1 ratio.
