Get started

Option

ROKU WHAT HAPPENED!Alright so this stock has plummeted down to the 30.00 Region. It's very hard to tell where prices will go in the future, I believe that if prices break out of the 40.00 Region . We could gradually see prices going to the upside target of 60.00 . Wiping out all prior highs, I also believe that it's not farfetched anticipating a short on this stock down to lows of 20.00 . I think you should stay out of this stock for now guys! Just my two cents of course! STAY SAFE GUYS !
NASDAQ:ROKU
by Graignm09
KEYCORP SHORT (UPDATE)So guys I'm not back tracking on my bias however I'm starting to think that my short bias on this stock is perhaps longer term. This stock simply doesn't have as much volume as a large cap company to support this sharp move down to our expected levels or perhaps breaking our lower bound. Of course adverse news about the company could help fuel this move however I'm not going to be banking on this. I say whilst we're still in the profit we pull back on our original bias and just go long on this soon, the big short on this stock is coming just not now. I don't believe our bias is short term at all. Currently there's a chance to go long on this, potentially wiping out our current resistance. This could be a very lucrative trade however one thing to consider is the fact that our bias doesn't guarantee a profitable trade on this stock. It's ultimately the market's perception of this stock which will shape it's future. HOWEVER. Let's sit back and see what happens, expect more updates on this guys!
NYSE:KEY
by Graignm09
INTC - Possible double top formation Option short INTC seems forming a double top formation with strong negative money flow divergence. We think it provides a nice option trading opportunity, and we would consider July $44 Puts Currently $1.30 * Trade Criteria * Date First Found- February 28, 2018 Pattern/Why- Possible double top formation Entry Criteria- $44 July Puts @ $1.30 (Hit March 1, 2018) Exit Criteria- $35.57 Stop Loss Criteria- N/A Indicator Notes- Very strong divergence in the moneyflow Special Note- Strong Twiggs money flow divergence Please check back for Trade updates. (Note: Trade update is little delayed here.)
NASDAQ:INTCShort
by AcornWealthCorp
NETFLIX HAS BEEN PHENOMENAL, LET'S GO LONG AGAIN!So we may have an opportunity to go LONG once again on NETFLIX. So as you can see, we're currently in between both our support and resistance region, I believe that we could potential retrace down to lows of 280.00 and shoot back up. HOWEVER. Something tells me that we're currently heading to the upside with full intent of penetrating our resistance zone. It wouldn't do any harm getting in at this point, our targets 360.00 & 380.00 TP: 360.00 & 380.00
NASDAQ:NFLX
by Graignm09
EL - Earnings option play, $97.50 August Puts currently $1.80EL is reporting before market tomorrow & we are looking for earnings option play here. It has heavy insider selling along with Twiggs moneyflow divergence. We think it has good downside potential with earnings, and we would consider $97.50 August Puts currently $1.80 * Trade Criteria * Date First Found- August 17, 2017 Pattern/Why- Earnings Play (High Risk Trade); Upward channel Entry Target Criteria- We would look for $97.50 August Puts currently $1.80 Exit Target Criteria- $92 Stop Loss Criteria- N/A Please check back for Trade updates. (Note: Trade update is little delayed here.)
NYSE:ELShort
by AcornWealthCorp
AMAT - Earnings option play, $42 August 18th/25th Puts $0.60/.76AMAT seems very good earnings play on the down side. It has good amount of insider selling. On the technical side it seems breaking down from an upward channel, and also looks like its forming a double top. Overall it seems it has good chance to decline with the earnings. To play this we would look for $42 August 18th or 25th Puts currently $0.60 and $0.76 * Trade Criteria * Date First Found- August 17, 2017 Pattern/Why- Earnings Play (High Risk Trade); Upward channel breakdown, Double top Entry Target Criteria- We would look for $42 August 18th or 25th Puts currently $0.60 and $0.76 Exit Target Criteria- $34 Stop Loss Criteria- N/A Please check back for Trade updates. (Note: Trade update is little delayed here.)
NASDAQ:AMATShort
by AcornWealthCorp
Near the money Strangle on Euro Stocks (FEZ ETF)We have the French election coming up and other than my trades on FXE I didn't have much on play for that. The IV Rank on FEZ is pretty high at 77 and I am selling the strangle with 30 days to go. After the first part of the election we might get a decent volatility. I am betting that Euro companies won't be impacted as much and I can get paid on the expensive premium. Sold the 35/36 Strangle for $2.03 per contract. 55% probability of profit.
AMEX:FEZ
by AlexanderGotay
4