Strike price: $149 Call Entry @ $3.12 Put Entry @ $3.43 Expiring October 1st This is not financial advicr, just a description of the plays we are in!
Now that Fed chiefs are selling their stocks near all time highs they can now start tapering quantitative easing and we could see bond market volatility pick up from current depressed levels.. 20 Year Treasury Bond ETF $TLT has a 52wk IVR of 3.47% and another way to insulate your long term portfolio from more volatility is to buy a straddle on bond volatility.....
September is a seasonally volatile month in the stock market and we know when the storm comes it’s usually what was hot that gets thrown around the most.. and not many ETFs have been hotter over the past few years than the ARK Innovation ETF $ARKK run by the famous Cathie Wood.. since ARKK 52WK IVR is well below the market at only 6.51%.. one way to play for more...
Affirm Holdings $AFRM was up 34% on better than expected earnings and guidance.. the AFRM options market is lively with a steep volatility smile.. depending on your view there’s a number of plays here.. ATM straddle as IV’s there are well below historical volatility.. or bullish call or put spread to sell some rich OTM calls or puts.. after big earnings surprises...
Retail crowd favourite Palantir $PLTR has recently caught our eye for having low implied volatility and a contraction in recent historical volatility which usually happens before an expansion.. since it has very actively traded options, gamma buildup could easily get this thing swinging big again.. we’re looking at the NOV’19 ATM $26 straddle for a debit of $4.62,...
expiration: AUG 20 (49 DTE) order: -1 * 18 put (delta -0.50) -1 * 18 call (delta 0.50) for 2.01 net credit @ 17.84 BPR $360 IVR 50.3 PoP 55% P50 47% expected move 16.00-20.00 net delta -1.55 target: 40% max profit notes: earnings report on July 29; breakevens are marked with yellow in the chart
Beyond Meat is breaking out of a Bull Flag and is at the bullish 50 & 200 day ema crossover point. If the price can break through and stay above the strong 170 resistance area for a couple weeks this could confirm a bullish long term trend. Although there needs to be a considerable increase in volume to make this happen. Watch out for a "Fakeout" above resistance...
I kind've want to buy a straddle here but it's too late. Was working all day today. Although calls made some money :). I expect a gap up and then down for the day tommorow. Just a gut feeling. By the way that triangle is in afterhours. Feedback appreciated!
Looking at the picture I see a small Accumulation to the upside. Even If I am wrong and we see a dip from the wedge I will be playing straddle options tomorrow on the weekly's depending on how premarket movement goes. Straddle at current price right now, if underlying hits $10.50 that would be close to 100% profits.
We legged out by selling our remaining calls at the end of the day. We did this because our signal to exit was a red candle close, which was printed, so we sold despite the loss. The buy put cost us around 4-5k. The buy call cost us around 2k. The price variation was a lot greater on the buy put than on the buy calls. Don't know what that was all about, as the...
Everything should be in the reading I included with the chart. If I missed something let me know. If this led you to confusion ask away.
Today I have selected Amazon (AMZN) as a good stock to straddle because it is reporting earnings in 3 days (actually 2), it is reporting earnings after market close, it is a highly liquid stock, and it has shown previous volatility during earnings reports in the past. ------------ This will be a 3 part series detailing: 1) Selecting a stock with intention to...
According to the option market, KMX is looking to make a 6.5% move based off of $133. This meaning 6.5% to the upside or downside is expected. Due to the current set-up, in my opinion CarMax could reach that 6.5% before earnings rolls out on Thursday. Demand above $134 could trace a realistic move to test $138-$139 by earnings, and has room to even create a...
The Implied Volatility is very high near the 200% percent. Rarely it stays long above this number. The range between the break-even line at expiration is relatively big. 60% probability for some profit. If the IV will drop sharply It will be wise to get out. I diversify my portfolio, it is never "ALL IN".
(Note that I am writing this idea about an hour after market open when $NET is trading around $90) Thought I would publish a quick idea on how I like to select and play earnings on stocks. $NET looks like a decent candidate as an example and actual trade. Earnings reports represent an opportunity for a BIG move, but we just don't know WHICH direction. Many...
How I will attempt to straddle BTC using the "wheel" and come out laughing while it rounds a cup, or crashes back to a 50% retrace. This is an attentive strategy and hardly passive requiring a bit of sweat. Basically I am willing to risk all the funds I lay down here to liquidation. Binance offers two products, the USDT and BTC inverse futures perpetual. This...
Let's monitor how accurate the options market is this year, in 2020, the expectation move for end of year was somewhere between 280 and 365
Last price action is dodji and price is between two trends. It would move in one or another direction with good impulse. Buy options - straddle / strangle construction. i would use ATR to define ranges.