Seeing If I can capture some call volatility on this spike. Strong gap up in a down trend.... I think this will sell for 10% ROR (.50 premium on $5 of risk). I'll begin to protect if we close above $182 (with some long shares and daytrading)
Bear call spread for .95. Just filled. LIKELY going to buy to close this tomorrow or Friday for .30 or less.
I feel like markets need a TAD of a pull back OR at least a pause. This spread is above the 100/200 SMA on the weekly chart. This would be a 20% ROR. I like it! I'm in it
This will mark my 3rd spread in a row on BA. The 200 sma on a weekly, 100 sma on a monthly are acting as resistance. +5 up days in a row. Expecting some light selling maybe? Or sideways action. If we do drop - I'll get into a bull put spread at some point! Hoping for an iron condor! :-)
December week 1 350 / 355 bear call spread for .65 limit credit. IF we trade sideways OR roll over, this will be a nice location
Likely will get into a bull put spread soon as well $1.00 limit credit Will only be concerned with a close above $315
As nifty is covering its gap it is likely possible in this scenario that it ill face stiff resistance from 16200 Supply Zone one can keep watch at these levels and keeping in mind the supply zone we could look to make "Bear Call Spread" at these levels as we have planned earlier. "Learning is a Life Long process" It hardly matters you Fail or Succeed if you are...
There are two resistance or Supply Zone which will work as a hurdle. Two possibilities arises in first nifty hits 15780 level and falls and in second if nifty breaches that level will be tested at upper levels of 16150. in both cases I personally would like to make Bear Call Spread to minimizes loss and count gain in that fall. But be cautious and look for PRICE...
Hello Traders. I've observed bearish divergence in NSE:ADANIENT . It seems strength wise resistance has been achieved by the price and now it's time for a small retracing wave. In past few trading sessions indecisive, small and weak candles have formed. This shows the weakness and buyers are no longer willing to drive the price further high. 1715 is the POC...
Every time IWM goes sideways for some time it break to the downside. It has this bad tendency to do that. Also lot of bad stuff going around now in the world. I expect a retest and then more downside.
13 of last 14 days higher into resistance, 16 days away any retest should be able to close for a gain
I shorted on Friday in the November contracts trading $15 OTM for a net credit 4.40. Decent premium for sky high contracts. Target at 50 DMA ~438; expect further bounce from support before the real correction, IMHO; all corrections so far were preceded by double tops. I sold 62 spreads, can add or just hold. I don't recommend this for the faint of heart. Calls...
Microsoft Strong Momentum to the Downside Suitable for Bear Call Spread
Strong resistance to the upper side. I'm thinking of short opportunities.
I made a bear call spread on AVLR Looks like a parabolic arc with more support. $1.57 is the credit max loss is $150 I will take a gain of $80 Max loss is if it continues higher but it may bounce off resistance which is outlined. EXP Nov 15 spread is 80/85.
NFLX is moving up nicely. I'm going to put on a good odds bet at 415/420 Max Profit is $1.08 Max loss is $3.92 Profit target is $129.6 max loss is $259.2 I have a double spread on so 2x position. Market may move sideways as powell and the gang ponder on the rate cut. I think this is a good trade, high probability of success. Delta is 0.21. However I am...
Added a 105/110 Call bear Spread to ROKU as it began its sell off I put on the position because it seems to have finished its move up and looks like it will continue lower. Target is Exiting July 21st Target profit is $140 and exit is $280 USD if I'm wrong about my direction. May hold till exp if the chart shows that it has no chance in recovering. This is...
We maintain a bearish outlook on the entire market, and are using the 298/299 call credit vertical to assume our bearish position. We are selling the 298 calls while simultaneously longing the 299 calls to execute a risk-defined trade. With a breakeven of 298.37, we make our maximum profit of $37 per contract when the underlying price drops below that of the short...