Demand zone highlighted in yellow. Entry: $32.50 Stop Loss: $31.82 Target 1: $34.50
Sold this earlier today, but can't get onto Dough currently for the metrics ... . In any event, filled for $85/contract. I'll look to take it off for 50% max profit in the volatility contraction post-earnings.
We have an interesting setup here. We can try a pair trade where we'd short WMT and long the same amount of WFM, or we can simply go long WFM, either buying stock or trading bullish option strategies ahead of earnings. If trading stock, you can use my suggested stop loss location. If interested in my trading signals, or in personal tuition, contact me privately....
Been looking to pick up some shares at a discount. I like this support down here anyway.
if the price move to over 35 level or penetrates down to the short term red line then there is a selling opportunity.
WFM is nearing the completion of a bullish Gartley pattern. In the PRZ of the Gartley, a bullish Wolfe Wave structure is also emerging. Missed monthly pivots sit above price to add to the bullish bias. The overall trend is up, so this area could also serve as an ABC zig-zag EW corrective structure before the uptrend continues. SL is placed below X with...
Good luck to you if you are. No position.
With an IVR of 91 and an IV of 71, WFM's premium is sufficiently "wholesome" (see what I did there?) for a premium selling earnings play. The max profit isn't huge, but the little ones do add up ... . Due the price of the underlying, I will be going short strangle: Nov 20th 26.5/36 Short Strangle POP%: 75% Max Profit: $72/contract BPE: Undefined Risk BE's:...
With volatility having bled mightily out of the broader market, earnings plays is where the premium selling game is at, so that is what I'm focusing my attention on this week. With earnings plays, I'm looking at doing either iron condors or short strangles (buying power permitting) for underlyings with an IVR above 70 and high IV (50+). To a certain extent,...
Wholefoods has been declining for quite some time now, and with the activity that produced these falling prices, I have not seen enough as of late to foresee a major rally. I'd bet these prices slide or form some congestion over the next week or two. A simple Bear Call Spread should suffice. WFM IVR 100%
WFM 33.45 –neutral – Extends oversold bounce WFM fell from the 65.59 record high (October 28, 2013) to the new YTD low at 30.18 (August 24, 2015), retracting over 50% of the 3.52/65.59 (2008 low/2013 high) rise. The current oversold bounce has scope to test the 36.08 resistance area (July 14, 2014 range low) which should cap. A break below 30.18 would extend the...
Took Earlier In The Live Webinar A Premarket Short With Clients And Whoof a Bump Happend Thanks Andy For Scanning Your $250 Is Credited onto your skrill account for finding this amazing pre market pattern.!!!
WMF today traded RIGHT DOWN to a very strong support. Could be exhaustion volume. Perfect doji doji. It's a bracket trade.
I shop here for a reason. I've seen the whole foods market operate in real-time and I'm confident that this company will churn out positive financials. The trend will likely turn around within six months. Good buy opportunities on the horizon. Churn was a pun; they have a broad selection of high quality yogurts. :P
Here is my chart from 9 months ago when TFM was in the low $30's prior to the run up over $40. I only added that TFM is the cheapest it has been so far. It is consistently profitable and total revenues continue to grind ahead. You want to buy these quality stocks when others are selling and when they represent great value. It's time again to back up the...