TransitMan

TransitMan

It's showtime in Crude Oil and showcasing time for peacefulLizard50262's indicator handowrk :) The monthly Hull is giving us a definituve bull run currently with weekly prices pulling back into the QQE Student's T-Distribution Bollinger Bands lower channel support. Also using his Price cloud oscillator we see the slow colored candle mode with a 5 smoothing...

TransitMan

Six weeks of consolidation is setting up Corn futures for a potential breakout. Supply side issues including downgraded USDA data , an even lower crop estimate from the Pro Framer tour , potential lack of storage and barge backups all point to a bullish explosion to the up side . On the demand side global "demand destruction" rumors abound , global exports ...

TransitMan

Large spike in IV and the appearance of at least a short bottom/consolidation in The Sands Looking for a $2 credit on a 45p/60c Strangle 64 DTE Tasty stats 66% POP P50 85% Theta 3.85

TransitMan

Taking a play on the drop in Crude Oil prices and potential geopolitical uncertainties with a put sale in RIG which appears to be in a long term consolidation pattern Looking to sell a 52d 10 put for .64 to .68 this week

TransitMan Updated 

Well the Big Hands knew we were looking to get into SO this week so they took the market down and kept Utilities strong...I take full responsibility for this !! ;) ;) No matter EA IVR % just posted 100 and the new Call of Duty will be in full swing come XMAS time 72d 100/95 p cr spread looking for 1.40 Tasty stats 65% POP 82% P50 theta .50 with a delta of 9.32

TransitMan

If Pandora was a good candidate for a buyout then SNAP surely can be scooped by the big dogs in the Tech space . Selling a Dec21 6 put for .60 Tasty stats POP 57% P50 70% theta .48 Willing to take the shares at this price and sell calls against especially with current IVR at 91%

TransitMan

With the market tanking last week Zillow's IVR and IV are at 2 year highs with price in a weekly support zone of 37.75 to 40. Weekly Linear Regression Slope(LRS) looks to be hitting a bottom with the Daily LRS showing divergence. Obvious risky play due to market conditions As of Friday selling price of $5.50 on the 33d 40 p/c straddle leaves room for error...

TransitMan Updated 

Looking to establish a bullish position in SO either a debit spread or synthetic selling 43p / buying 45 c and buying a 39 put to free up buying power and reduce downside risk

TransitMan

Taking advantage of this quick rise in IV and VIX to sell some premium in INTC 43d short term play before earnings hoping for 25-50% decay Tasty stats POP 55% P50 67% Theta 2.25 Delta -5.12 50/55 c 45/40 p A less risky version of this would be an IC in SMH which is also experiencing a nice rise in IV today

TransitMan Updated 

EWZ still has high IV & IVR and looks to be finding some support at this level . Good value on a 31/26p 37/42 Iron Condor Selling for 2.36 cr max risk 2.64 Tasty stats POP 56% P50 62% Delta -1.95 theta 2.35