Unfortunately, there isn't much worthwhile left to play this earnings season in terms of premium selling. Here's what I'm looking at in underlyings that have fairly good liquidity in their options and that offer weekly option expiries: QIHU -- announces earnings on 11/30 (before/after to be determined) (the only way I'll play this one is if it is Monday after...
QIHU 57.26 – bullish – Scope for higher towards falling channel resistance QIHU rallied strongly from its 41.64 YTD low (September 14, 2015), near 12-falling channel support (as seen on the weekly chart) to reach a new 2-month high at 59.00 Thursday (October 29, 2015). The indicators on the daily timeframe are overbought, cautioning for pullbacks. The 53.61 low...
Despite it's rapid growth, Qihoo has a 2017 PE of 10.42 making it extremely undervalued. Although it faces fierce competition within China, it's current price offers great protection against any downside. Buying on pullbacks is highly recommended.
after a 14% run in the current situation this breakout may mean a lot. It allows the price to travel through some levels without hitting overbought on indicators. - Both Daily and weekly MACD are bullish as the stock been diving for a long time - Breakout of red down channels, and nearing on the resistance from previous tops with strength - Volumes are nice, and...
1 - Long spread candle on high volume that closes slightly off its lows, but the next candle is up on increasing volume. Notice also that the next candle touches new lows. Accumulation starts here 2 - A low volume narrow spread candle: lack of demand 3 - Again a high spread candle on high volume, the next candle touches new lows but closes higher: another...