Options360

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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...

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Tesla’s 2 month volume / price divergence is very curious to me. Just saying when earnings volume pops there should be explosive price movement...

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SPCE up & down movement is great for a strangle play. Historic support and resistances. Good luck and happy trading friends.

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With ev’s, solar, battery technology, yada, in everything these days, Lithium companies are a sure winner going into the future. We’re still quite a ways off from “the Jetsons” and it’s going to take a lot more rechargeable batteries to get there. Lol. I think that LTHM, LAC & PLL still have multiple increases in their share prices as time goes on. Good luck and...

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Let's start with, I have a love / hate relationship with NVAX. lol. It all began when I bought shares on 5/28/19, 5/30/19, 7/3/19 & 7/16/19 for 5.97, 5.71, 5.41 & 4.64 respectively. Nobody could have predicted what 2020 had in store for all of us. Like the Grateful Dead album, "What a long strange trip it's been". So it goes without saying, I just can't wrap my...

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CVNA nice entry point on dip. I got a $220 10/23 call. Good luck and happy trading friends...

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On 10/20 after hours, SNAP expected earnings per share is $-.05, but I’m anticipating an earnings surprise in the green. And therefore my price target is $31.19, right on the button of the monthly Fibonacci retracement 1.618. Good luck and happy trading friends...

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AMC theatre's allowed to reopen in NY. I opened a long position at 9:41am today. Good luck and happy trading friends...

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10/20 Tesla call vertical spread entered 12:!5pm 10/19. Timing is everything. Good luck and happy trading friends...

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NIO is out in front of it’s skis lately, my 10/23 target is $24. Although long term I’m long on NIO even though it’s lost money its last 4 quarters In a row. Considering the excitement in price action last week, this is a contrarian play on recent sentiment, but it’s a realistic play if I listen to what the chart is telling me. Good luck and happy trading friends...

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For Q3 earnings IBM is expected to report revenue of $17.6B with a non-GAAP profit of $2.58 / share. But that’s not the exciting part. Expect to hear more about IBM plans on a spinoff cloud strategy. CEO Arvin’s Krishna said that the company would be “laser focused on the $1 trillion hybrid cloud opportunity.” (Credit: Barron’s) My price target is $135. Good luck...

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Tesla possible parabolic scenario along with a more likely previous 7 day trend channel outcome. Either way TSLA breaks out past $500!