REYNOLDS AMERICAN INC, ADVANCED MICRO DEVICES INC, GENERAL ELECTRIC CO, BANK AMER CORP, TOP SHIPS INC, FORD MTR CO DEL
Bitcoin / Dollar, Bitcoin / Euro, Ethereum / Dollar, Ethereum / Bitcoin, Litecoin / Dollar, Ripple / Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
GOLD (US$/OZ), Brent Oil, Crude Oil, Natural Gas, PALLADIUM (US$/OZ), SILVER (US$/OZ)
An upward trend, which used to be a prevailing one is close to a revearsal. To prove this idea we use Chaikin Oscillator. It proves that the tendency is one step from a turn. The previous pick on the oscillator graph compared with the curent one used to be higher while the previous pick on the main graph is lower at the same time. Moreover, the fall of two recent ...
nomomo
JNK, W,
Short
,
Spreads are far too tight considering current credit quality. Oil is not cooperating, and although it's being used as a duration haven, I believe high yield bonds are poised to take a bath here. Short to 35, and take half with a tight trail. ATM Sep puts may be the best way to play it, with a 8/1 risk reward. TA shows ascending wedge exhaustion on the retest, ...
NaughtyPines
SPY, D,
... for a .93 credit. I really wanted to open up a QQQ 45 DTE, but a Sept 8th expiry is not yet available, so this will have to do. Metrics: Probability of Profit: 43% Max Profit: $93/contract Max Loss/Buying Power Effect: $207/contract Break Evens: 240.07/251.93 (~expected move on both sides) Theta: .77 Delta: -2.4 Notes: Will look to take profit at 50% max.
ScottCarney
PRO
SNAP, D,
Long
,
I have posted a series on SNAP since post-ipo where I outlined a Deep Crab target @ 15. The stock has dropped from the $23-24 area to the pattern PRZ that actually points < 15 to the $14 level. The daily chart is now poised to complete an AB=CD @ 13.85. If the "ballpark area is 14-15, I expect that 13.85 to serve as a structural low extreme. One concern: RSI was ...
Starting to try a cash flow method on a low priced stock. NOK has earnings soon, so IV is pumped up here. $6 put was trading for $.15 when I sold them, ~2.5% premium for $600 in stock over the course of 25 days. If I am assigned, I'll look to sell calls immediately again, hoping to get the stock called away and start the process over. If I am stuck holding the ...