GBX The Greenbrier Companies Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GBX The Greenbrier Companies prior to the earnings report this week,
I would consider purchasing the 65usd strike price Calls with
an expiration date of 2025-3-21,
for a premium of approximately $3.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
GBX trade ideas
GBX The Greenbrier Companies Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GBX The Greenbrier Companies prior to the earnings report this week,
I would consider purchasing the 55usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $2.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Current Wave Long: $GBXRight now looking at a long entry for GBX which has an estimated 18000 employees, and currently an undervalued market cap in my opinion (compared to its revenue), I would say it is a great value stock to get. Also Zack's rank seems to be bullish as well. I think the long term potential of this stock is decent. That being said, invest at your own risk and do your own due diligence. Consider everything I say as if it is on an opinion based basis.
GBX - Bullish Put Call Spread ( Bank Premium)Underlying Stock Symbol: Today will be interesting related to this Stock company announcing EARNINGS (most time do NOT do these during earnings)
GBX
Current Price: $ 49.30
Short Option:
Write (SELL)
20th Apr $50.00 Put
Price Per Option: $2.38 ( Higher Then Long Option)
Contracts: #1 x 100
Total Cost: $238
MINUS
Long Option:
Buy
20th Apr $45.00 Put
Price Per Option: 0.85 (Lower Then Short Option)
Contracts: # 1 x 100
Total Cost: $85
Net Debit/Credit: $ 1.53 (net credit) * You get this premium/credit NOW return to your account
Entry Cost: $153
Max. Risk: $347 at a price of $45 at expiry
Max. Return: $153 at a price of $50 at expiry
Break evens at expiry: $48.45
BEST CREDIT SPREADS TO DO IS SELLING: BULLISH PUT OR BEARISH CALL SPREADS. PLEASE READ OR YOU TUBE FOR FURTHER INFO
GBX - Upward channel/Trend breakdown short from $44.43 to $35.33GBX seems breaking down its Macro frame uptrend & upward channel formation. It has big insider selling from CEO and others.
We think it has very good downside potential.
To play this we would consider $50 June puts look
* Trade Criteria *
Date First Found- April 4, 2018
Pattern/Why- Long term trend break, Upward channel breakdown short
Entry Criteria- $44.43
Exit Criteria- $35.53
Stop Loss Criteria- $52.54
Indicator Notes- Twiggs money flow deep into the negative side.
Special Note- Big insider Selling from CEO and others. $50 June puts look reasonable.
Please check back for Trade updates. (Note: Trade update is little delayed here.)
The power of profit taking - GBXGreenBrier is a premium industrial in a hot segment of the Market. Over the last couple of years it has been on a tear, advancing more than 100%. Now there are Mutual funds and other institutional investors who are sitting on healthy gains. Note that fundamental story has NOT changed a bit. This is a pure rush to lock in profits - Look at this selloff. This demonstrates pure, raw power of desire to lock in PROFITS!
Notice how A/D line has predicted waning interest before the price topped out.
GBX Dive On Oil Tank Car Rule FightGreenbrier (NYSE:GBX) says the timetable is "tight but achievable." The rail car maker has invested millions to retrofit up to 2,040 cars a year vs. 600 today.
news.investors.com
GBX has had solid performance in 2014. The sell to $60 is panic selling which will be redeemed by slow fib increments back up to all time high. First resistance about $67, then $69. This company is solid. If the US govt decides to change oil regulations again, this will probably cause a drop in the stock price. But they have already made their laws, and now GBX has two years to comply.