I would wait for over 600 to go long Trade Idea: 640C 3/12 Under 538: 500p 3/12
New highs and the story remains the same. Nothing matters until it does.
JPMorgan Raises Target Price On Amazon To $4,155 From $4,100 I would wait for 3367 to go long. Trade Idea: 1/29 3450c Bid/Ask: 11.15/11.90 **AAPL and FB reports after close today. This can have an influence on the general market.
Inside day candle on the weekly. TSLA reports earnings after close on Wednesday. A 75 point move is priced in. **TSLA previous earnings (4/29, 7/22, 10/21) gapped up at market open the next day, and sold off. Same day expiration OTM Options Premiums opened losing almost all value. Be aware of this. Lotto Trade Idea: 900C BID/ASK: 15.75/16.10 775P BID/ASK:...
FB fails at 280 every time. If FB can finally hold over 280 with a positive earnings reaction, it can make a move towards 300. FB reports earnings on Wednesday after close. There is a 20 point move priced in. Lotto Trade Idea: 300C BID/ASK: 2.30/2.38
AAPL had a strong week last week, and was able to close above the 138 level on Friday. AAPL reports earnings after close on Wednesday. A 9 point move is priced in. If AAPL has a positive earnings reaction they can move straight to 150. A negative earnings reaction can move back down to 128. Lotto Trade Idea: 150C BID/ASK 1.30/1.32
TXN, and AMD report earnings after close on Tuesday. LRCX reports after close on Wednesday. There is a 9 point move priced in for TXN. If these can report a positive earnings they can help push semi stocks higher. You can play NVDA KLAC, or AMAT, as a sympathy move to avoid paying a high premium. Lotto Trade Idea: AMAT 108C BID/ASK 1.36/1.45 If you're...
BA Reports earnings on Wednesday before market open. A 12 point move is priced in. 215C can work as a lotto. BID/ASK: 2.10/2.18
NFLX is up 61 AH after reporting 8.5 million net new subscribers in its fourth quarter vs 2.2M reported in previous quarter. Netflix tops 200 million subscribers for the first time. If NFLX can pull back in the morning and backtest the 557 level that can be a good entry to go long. Or you can wait for NFLX to break its previous ATH of 575 to go long.