Options360

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NZD/USD is not a high probability trade from close. I would wait for the signals to get a more accurate entry & clear direction. 15 min, 1 hour & 4 hour chart split. There’s more of a consolidation, if anything. Good luck and happy trading friends...

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AUD/USD looks bearish on 15 min, bullish on the 1hr & indecisive on the 4hr. Lol. Good luck and happy trading friends...

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Today’s market downfall, could have given you a great entry for a windfall. GOOG 10/29 earnings, call debit spread 10/30 expiry $1645-1700 last trading for $9.10($910) each. Max profit = $4590, max risk = $910 Per spread. Good luck and happy trading friends...

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VXX $27 straddle 11/06 expiry is going for $545 ($5.45) at 3pm. Good luck and happy trading friends...

Options360 Updated 

EBAY earnings is today at 4:15pm. Consensus is P/E = $.84, +32% and Revenue = $2.71B. This could go either way, but one thing I do remember is EBAY moves a lot after earnings. So I got 11/06 expiry strangle, splitting the equity allotment neutral 1:1 ratio. At 12:30pm it was at 53 so that was a good entry for equilibrium price and the theta isn't bad = total of...

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TUP earnings is tomorrow 10/28 at 7am. I'm not exactly sure which way this is going to go. But the one thing I do know is that TUP moved a lot after Q2 earnings. And TUP has been consolidating, so we'll find out tomorrow after it's earnings call. Good luck and happy trading friends...

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SPY closed on Monday 10/27 for $339.42, it's ATR for the past 5 days now is $1.50/day, close to close, intraday is a different story. So all things being equal, which I'm sure they won't be, lol, a SPY calendar spread heading into election day on 11/03, should be a good play on volatility possibilities. The base trade would be to buy to open a 10/06 $340 straddle...

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SHOP earnings are on 10/29 pre market. I expect it to fly past it’s 52 week high of $1146.91 and hit $1200 by the afternoon. Good luck and happy trading friends...

Options360 Updated 

SNOW target $285 by the end of the month

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GOOG price and volume signals are all aligned for a bullish earnings 10/29 at 4:15pm. Good luck and happy trading friends...

Options360 Updated 

MSFT earnings is 10/27 at 4:10pm. This is a huge earnings week, as the 4 mega cap stocks, MSFT, (on Thursday>>>)GOOG, AAPL & AMZN are scheduled to announce Q3. The expected for MSFT is as follows: Q Earnings: +10.9% Revenue: +7.9% Y Earnings: +10.4% Y Revenue: +8.6% Previous Y Earnings: +21.3% Previous Y Revenue: 13.6% (credit: earningswhispers.com) In the chart...

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BTC /USD fakeout or breakout? I'm thinking fakeout, but hey, you never know. Good luck and happy trading friends...

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BABA has been consistently staying in it's new trend channel since 3/18/20. If this trend holds up until February 2021, then BABA is poised to hit a 1 trillion dollar market cap by 2/19/21 $369.89. Already, Alibaba surpassed $1,000,000,000,000 in gross merchandise volume in fiscal 2020. And China's total annual retail sales for consumer goods is about...

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BABA Earnings 10/29 pre-market $324 target

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AXP earnings tomorrow, 10/23 pre-market. I was wondering what credit card company is up or down the most in the past 3 months, so I did a simple comparison. DFS = +11.73% V = +11.73% AXP = +10.62% eve-earnings COF = +10.13% MA = +3.14% AXP earnings per share estimate is $1.35 (-35.1% Y/Y) & revenue estimate is $8.71B (-20.7% Y/Y). Over the last 2 years AXP has...

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Southwest airlines LUV earnings surprise this morning. Forecast was -$2.35, but it wound up being -$1.99, which is a step in the right direction. Because the market is a leading indicator, don't be surprised if LUV shares are up today. Ok so you may ask yourself, when is the right time to get back into this sector? Well, nobody knows, but my thesis here will be...

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I won't be surprised if SNAP has a pullback the next 2 days after it's gigantic $8.05 (28.3%) 1 day gain on massive volume 254M shares vs average 44M shares or 500% volume pop. A reasonable scenario would be for SNAP to get to the 1.618 Fibonacci retracement on the monthly chart. Also, because tomorrow is weekly options expiry, I suspect peeps taking huge profit...

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TSLA 11/20 range $450 low, $530 mid, $600 high. Don't underestimate the power of renewable energy. Tesla is not only the clear champion of the ev sector. It dominates the entire US renewable energy storage sector, owning more market share than Generac, LG chem, Enphase, Panasonic & others combined. Not to mention, TSLA solar roof is patent protected & second to...