Current global events are stoking fears of oil prices reaching over $100 before autumn. In these market environments its better if we look for buying opportunities like right now. $81 demand area was strong enough to hold the falling prices and its a confirmed buy if the price breaks above $82 and retests it once again before rallying to at least $85 supply zone....
Analyzing the options chain and the chart patterns of PPG Industries prior to the earnings report this week, I would consider purchasing the 2500usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $2.85. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
The price settled on the demand zone appears to confirm the trend reversal with current jump in price. Expecting the price to test $125, and if successful, to test $131
If you haven`t bought the dip on AXP: Then analyzing the options chain and the chart patterns of AXP American Express prior to the earnings report this week, I would consider purchasing the 185usd strike price Puts with an expiration date of 2024-9-20, for a premium of approximately $3.45. If these options prove to be profitable prior to the earnings release, I...
The daily candle closed in green and appears to confirm the double bottom formation right on the convergence of two support lines - support trend line and psychological demand area at $155. Expecting with high probability to continue to follow the trend line and retest $162 zone.
The price drop slowed down on a daily demand zone and we can expect a new rally from the current area to $814, $840 and $890 price points.
Analyzing the options chain and the chart patterns of PLSE Pulse Biosciences prior to the earnings report this week, I would consider purchasing the 10usd strike price Puts with an expiration date of 2024-7-19, for a premium of approximately $2.07. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Analyzing the options chain and the chart patterns of NG NovaGold Resources prior to the earnings report this week, I would consider purchasing the 3usd strike price at the money calls with an expiration date of 2024-6-21, for a premium of approximately $0.37. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Analyzing the options chain and the chart patterns of GBX The Greenbrier Companies prior to the earnings report this week, I would consider purchasing the 55usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $2.90. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
If you haven`t sold KMX before the previous earnings: Then analyzing the options chain and the chart patterns of KMX CarMax prior to the earnings report this week, I would consider purchasing the 80usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $13.40. If these options prove to be profitable prior to the earnings...
There are signs the price is bottoming out and appears to be forming a double bottom formation. Expecting the price to reverse from this demand zone and test previous zones of interest at $178. If the trend continues, we can expect the price to test the next zone at $188.
The chart posted is that of my Put/Call model today is the second time we saw this happen in 2024 the last time was JAN /!7 th Low. . Risk now is being SHORT or in PUTS . Next turn date is 4/8/2024 best of trades WAVETIMER !
IF you haven`t sold CCL before the previous earnings: Then analyzing the options chain and the chart patterns of CCL Carnival Corporation prior to the earnings report this week, I would consider purchasing the 15usd strike price in the money Calls with an expiration date of 2025-1-17, for a premium of approximately $4.35. If these options prove to be profitable...
If you haven`t sold the massive Head and Shoulders bearish chart pattern of NKE: Then analyzing the options chain and the chart patterns of NKE NIKE prior to the earnings report this week, I would consider purchasing the 100usd strike price Calls with an expiration date of 2024-12-20, for a premium of approximately $10.35. If these options prove to be profitable...
If you haven`t sold GES before the previous earnings: Then analyzing the options chain and the chart patterns of GES Guess? prior to the earnings report this week, I would consider purchasing the 26usd strike price in the money Puts with an expiration date of 2024-4-19, for a premium of approximately $2.72. If these options prove to be profitable prior to the...
If you haven`t bought the dip here: Then analyzing the options chain and the chart patterns of LOW Lowe's Companies prior to the earnings report this week, I would consider purchasing the 230usd strike price Calls with an expiration date of 2024-4-19, for a premium of approximately $11.15. If these options prove to be profitable prior to the earnings release, I...