Buy this stock and forget . This is a stock that gives dividend. Important is to enter at a right time. I see this stock touching 60.24 in near term as it is correcting. But it will pull back from here as there is strong support. If it break the support of 60.24, then is may be range bound or move down. So watch out and exit in that case. Strategy: Buy at...
Closing out at 50% max profit. Although price moved concerningly close to the short put, the collapse in volatility in the underlying gave the needed assist ... .
A break and hold below the Neckline and the Head & Shoulders pattern is invalid. If the Neckline holds as Support then A high probability trade would be to go Long and aim to re-test the highs of December 2015.
I had to fiddle a bit with the expiration and the strikes to get what I wanted, but the metrics are basically the same as outlined in the post below.. Got it filled for a 1.03 credit ($103/contract). Notes: Looking for NKE's implied volatility to contract post-earnings, as well as for price to stay between my short strikes.
I am bullish and want to take advantage of volatility. -4P@65 +1P@71 +3P@65 for March 24
Here are the metrics for the setup: Probability of Profit: 73% Max Profit: $100/contract Buying Power Effect/Risk: $846/contract; Undefined Risk Break Evens: 59/71 Alternative: April 15th 56.5/60/69/72.5 iron condor Probability of Profit: 61% Max Profit: $100/contract Buying Power Effect/Risk: $250/contract; Defined Risk Break Evens: 59/70 Notes: As you can...
NKE is about to break a neckline of it´s inverse H&S. Long from current value, targeting 68 figures. It also can go slightly lower to test a 200 EMA (black line). If so, it is a good entry point too SL: 62 TP: 68
With the VIX at sub-15 levels, premium selling plays are hard to come by, so I can either resort to low volatility strategies (calendars, diagonals), look to go "long volatility," or search for "diamonds in the ruff" for premium selling. Since I not a rabid low vol strategy player, I'm going to look at seeking out what limited short volatility plays there are or...
Or deeper to the FIB 50%at 58.51...Waiting PVT to break..Good luck...
Above 20MA 50MA 200MA Just close strongly above 50MA Broke down trendline But not HH yet Trading Ideas: 1. Buy @ 63 | TP @ 65.97 | SL @ 61.50 | 1.98RR 2. Buy @ 90.97 | TP @ 64.45 | SL @ 59.38 | 2.19RR #2 is better given the RR and and retracement At current level is this a bazooka pattern?
LOOK TO BUY DIPS AT AREAS OF "POTENTIAL SUPPORT " INTO THE "TIME BANDS" LOGICAL TARGET:::65-75 RANGE
$NKE I'd reckon with a stop loss of 54.00 take profit 60.00 confirm move with volume