IH&S ALSO with a double bottom. NICE Gap today on the weekly. Decent bounce off of the 200 sma on monthly. Company does pay a dividend. Buy low, sell high opportunity?! :-) I am in
Expiring 12/6/2024. Snagging some theta days. I WOULD LOVE to sell here. Gorgeous profit. I am also inclined to buy this back for 75% premium capture next week.
Catch? Fetch? This is an Ai play but most importantly the chart looks delicious. FETUSD is above the 100/200 sma on the daily a weekly. IT is also above the daily 20/50/10 ema AND weekly Ema's. Looks bullish to me
GORGEOUS consolidation pattern. Really nice multi-year distribution phase. blue chip, dividend paying stock. Infrastructure play in the USA. Be bullish.
The weekly chart looks like death. Monthly doesn't look a lot better for the bulls. PLUS, this gap on a Monday? Bear gap and go? AND you can get $1.25 credit? on a $10 spread for less than 40 days. I dig it
Overall bull trend. Earnings came out on NVDA. They did "great". This covered call is over thanksgivings and the theta burn should be nice. BUT, this also represents a $13 stock increase, which would be sick. I have no issue selling here at this profit level. STRONG chance I can buy to close this sold call for over 50% premium capture.
I wouldn't mind selling my TSLL shares here, because that would be profitable. Buy low, sell high? Plus this is like, 3.5% for 3 trading days? And my strong assumption is, if I DID sell at $24, this Friday, I Would be able to re-buy later?? ;-)
Buying on a down day, coming into earnings. Snagged 1200 shares at the 100/200 SMA. IF AMZN gaps down on earnings, I will buy some more using the covered call premium. I will continue this strategy until I get called away for a profit.
This is obviously over the election. I THINK ELECTION RESULTS "drag out" and we don't really "know" who wins until 11/15? or something? Now.. I'll start bumping up my GO TO CASH price anyway. This is essentially a market hedge that IF we trade sideways or have any more down movements, this trade works. IF we DO continue to go higher, I'll be profiting on my...
If AMZN or AAPL gap down, with both being bear candles today, I believe they would fade. SAME for the QQQ. REALLY nice move down, but the 100 sma will be a small support and I think NASDAQ:AMZN & NASDAQ:AAPL will have "good earnings". IF AAPL OR AMZN Gap up (and they could) they would both be REALLY solid gaps...
REALLY not a bad return for 8 days.... 6 trading days...?
THIS STOCK HAS SUCH CRAZY WILD VOLATILITY. Be smart with this position, but understand you can sell puts and calls and bring in gorgeous premiums. I will do the 80-85 20-15 iron condor OVER election. Obviously this is what brings in so much premium and risk on this trade. But ... I am certainly willing to get put shares at $20 IF trump does get elected because...
Brown Forman (the company that owns Jack Daniels) has NEVER hit the 200 SMA on the monthly. Liquor has just completed a 50%+ pull back . If Trump gets elected, tariffs will increase causing international markets to take a bit of a nose dive, but this company looks ROCK solid fundamentally. Strong buy
Some wave counts for fun. These are "Newsome Theory" waves. But I SEE THEM. And this chart is really nice. My target is $88,888.88 which is where I sell most of my BTC again. Locking in NICE gains
OXY is at the 100 sma on M if you turn on the dividends. IT is RIGHT on top of the 200 sma on the weekly non adjusted dividends. $48 is a NEW low and getting 12% return on risk on a down day is nice... I will allow this stock to go below $47 before I panic. I would expect a retest anyway, so I'll hold this spread until expiration or until I can close it for .03+...
I've sold $250 and $255 covered calls recently. Obviously huge gap down because of SELL THE NEWS style event... ;-) I really am not concerned. This is a buy the dip opportunity. I am happy to capture the premium from the call sale which is 1% and IF I sell at $255 in two weeks... amazing... :-)
I am expecting robo taxi to be a "sell the news" event. We had a "buy the rumor move" on TSLA from $200 to $260 I had a $250 covered call expiring LAST Friday. I sold that for $5 and bought it back for $1. NICE WIN. Still have the shares. So, figured If I was OK selling at $250 2 trading days ago, I should be fine selling at $255+4 = $259 effective THIS FRIDAY
I bought more shares here! :-) Selling the $132 for 1% for 10/25 expiration! =-) I WOULD LOVE to sell at $132 and pay taxes on more money.