Hello, guys hope all is well. Today we will be looking at $SPY and how I will play the market this week.
Based on the expected move for this week of $6.79 we are possibly looking at a range between $410.01 - $423.59. On Monday I opened the Put side ($400 / $398 and collected $9 per contact) of my Iron Condor and leg into my Call side roughly Thursday afternoon or...
Hello guys, hope all is well. Today I got into a SPY $411 / $408 spread expiring 06/04 /21. This put credit spread has a 5 delta which gives it a 95% chance of it being OTM by expiration rendering it worthless. I was able t to get $9 of credit for each spread which would give me a 3.09% ROI for the week.
Hope you have a great day
Hello all, hope everything is well. This week I’m looking at the SPY and looking to grow capital invested by 3-5 percent per trade with 92% - 95% percent probability of profit.
-Current price is: $382.88
-VIX is at: 21.90
-Credit spread sell strike: $370 Exp 1/27 and $367 Exp 1/29
-Is price trading above 50 day SMA on the 4 -hour, daily, and weekly chart?:...
I'm looking to enter a Put Credit Spread on DIA with the goal of collecting $5-$6 worth of credit per contact with a $1.5 wide spread. I'll be holding till DOE with the intention of growing capital invested by a minimum of 5% for the week.
-Current price is: $308
-Credit spread sell strike: $290
-Current price to sell strick: 6.2%
-Is price trading above 50 day...
I'm looking to enter a Put Credit Spread on DIA with the goal of collecting $5-$6 worth of credit per contact with a $1.5 wide spread. I'll be holding till DOE with the intention of growing capital invested by a minimum of 5% for the week.
-Current price is: $308
-Credit spread sell strike: $290
-Current price to sell strick: 6.2%
-Is price trading above 50 day...
I'm looking to enter $357 SPY spreads and holding till DOE on the 22nd. I'm aiming to collect 5-6 credits per-contract with a goal to grow capital invested by a minimum of 5% for the week.
-With the SPY trading at roughly $375, we would need a -4.8% move to the downside for the week for the price to come down into the range of our strick.
-Price is trading above...
Hello all, this is my prospective on the pair EURUSD
Wait to see a pull back to 1.1823s which is the 0.382 Fib retracement.
If the pair is still below 200 EMA, 200 SMA (signaling we are in a down trend)
and RSI is showing that the market is overbought look to get short with stops at
1.1866s which is the .50 Fib retracement level and a break of old structure....
Entering in at 1.19600, I see myself taking the EUR/USD 0.14% to a retest of structure at 1.20900 with stops below the .50 Fib Retracement Lvl 0.18%
The pair is Moving above the 200 EMA and 200 SMA which signals to me that we are in an up trend.
RSI is showing upward momentum with room to be further extended.
Pair bounced off the .618 Fib with a rejection...
Hello all, this is my prospective on the pair EURGBP
Daily charts shows that the pair is in an upward trend but has done a retracement to a support level that has held before. The pair has done a bounce off this support, I see it retesting structure that we can see the the left of the chart.
The pair is moving above 200 Simple Moving Average and 200 Exponential...
Hello all, this is my prospective on the pair AUD/USD.
Daily charts shows that the pair is in an upward trend with higher highs and higher lows.
200 Simple Moving Average is crossing with 200 Exponential Moving Average.
Wait to see a solid close above .79780 for possible entry.
I could look to for an exit taking a loss at 0.7945
I would look to close or take...
Entering in at 1.19600, I see myself taking the EUR/USD to a retest of structure at 1.20900 with stops below the .50 Fib Retracement Lvl
The pair is Moving above the 200 EMA and 200 SMA which signals to me that we are in an up trend.
RSI is showing upward momentum with room to be further extended.
Pair bounced off the .618 Fib with a rejection candle showing...
