CAT pulled back after gapping up post earning. It started to re-bounce. I would like to long CAT by setting up a Put Spread. Position: June 30 Weekly option: -1x98.5 /1x91.5 Premium: $0.96 Max Risk: $604 Breakeven: $97.54 PoP: 73% Target: 50% of the premium.
If Dash does not continue to push on upwards, I would consider shorting.
Just as a result of separate trades I'm currently long this spread... If we get below 0.10 I'm in trouble
On April 13, 2017, Caterpillar ( CAT ) crossed below its 50 and 100 day moving averages (DMA). Historically the stock has crossed below the 50 DMA 444 times, the 100 DMA 348 times and both have occurred on the same day 72 times. For all of these instances, the stock does not always drop over the following 11 trading days. The 50 DMA cross has a median loss of...
The normalised chart of Copper (white) vs CAT (orange) would indicate a CAT short is a reasonable equity trade here...
This CAT has been a good block builder recently. The Trump team is going to need it.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... DOW JONES Index incl. all 30 Shares (2016 Yearly Performance) @ drive.google.com Best regards Aaron
Initiated this BCS bevor price broke back in the fork again (hint hint hint ;-) ) This is me, being impatient (proof: I'm human). Because this is a risk defined trade, I leave it on with "hopium" that price come back again, below my strike of 90 (...LOL...good one Dude...). Meanwhile I sell some puts to reduce some of my loss. Next... P!
CAT has just completed a rising wedge pattern last week and now awaiting breakout. Cheers!
One of the areas directly benefited by Trump's choice is the Construction sector, // product of its promises of Re-construction and renovation. Of USA preferentially to the structures in decay and creation of new, this is reflected in the rise of the companies related to the construction and also with the same materials used in the contribution ///
Going a little contrarian on this one. Got a solid bump from Trump election on infrastructure plans... however long term is a bear recoil trade set up. and we into selling zome.
BANC has come under alot of criticism for their operations being a little too good to be true and eerily resembling another financial operator with links to the firm that turned out to be fraud (identified by some short activists). BANC responded that it's false and tried to use a firm that is a customer of the bank to help clear the air. We will see in the next...
I'm bearish on the sector in general as well as the company after some interesting research from Hedgeye. I think the recent rally was a gift from the market gods, and am simply looking to fire my shots. RSI momentum is negative while the share price failed to break above 50% fib retracement level. Possible 50 day ma acting as over head resistance as well. I'm...