Option in Play: An STZ Earnings Trade
Options in PlayOptions Trades with Daniel DarrowToday’s video is going to talk about a fresh trade idea on STZ. The company will report this week and looks like a good candidate for a straddle or a strangle.
Continue Reading -->How to Calculate an Implied Earnings Move With Options
Options in PlayOptions Trades with Daniel DarrowToday’s video is going to explain what the priced in move is and how to calculate it. With earnings season set to kick off soon, it’s a good time to go over how options indicate movement expectations.
Continue Reading -->The Options in Play Earnings Radar
Options in PlayOptions Trades with Daniel DarrowToday’s video is going to talk about earnings for next week. Earnings season is a couple weeks away but news flow will start to pick up the next few days.
Continue Reading -->My Swing Trade Game Plan for This Week (Oct. 1 – 5)
Sami Abusaad | Black Room LessonsGet Sami Abusaad’s Swing Trade Game Plan for October 1 – 5.Sami goes over his outlook on QQQ, and then he breaks down the swing trades he’s targeting this week.
Continue Reading -->Scott Redler: Amazon’s Second Trip to $2000+
On August 30, we connected the dots on AMZN’s first trip to $2,000+. The stock made a trip down to $1,865 on Monday before a second trip above $2,000 today. Let’s look at it chart by chart. On Monday, AMZN reclaimed the 50 day fast and put in a Red Dog Reversal signal. I got long around $1904ish. On Tuesday morning, I noted that it needed a high-volume close above $1957.It then cleared $1957, breaking above the wedge, to hit $1975. Since it was up on day #3 by this time, I trimmed so I can add back if it wanted to rest. I also noted next resistance is $1993-$2008.And finally, AMZN put in two more up days to hit $2010+ — right above my resistance range.This is a good example of why I take an “if-then” approach to trading. I don’t just blindly buy based on patterns — I want confirmation of a move based on my levels before I commit.Positions Disclosure: As of September 28, 2018 at 12:33 p.m. ET, Scott J. Redler is long CDTI, CRBP, NIO, TWTR, AAPL, BA, XLE, NFLX, IBM calls, NFLX calls
Continue Reading -->Options in Play: A Quick Hitter in CLDR
Options in PlayOptions Trades with Daniel DarrowToday’s video is a quick hitter on CLDR. I haven’t talked much about the name since earnings but it’s showing some parallels to HDP before its recent run higher.
Continue Reading -->How to Use the 200 Day Moving Average
Sami Abusaad | Black Room LessonsThe 200ma is the granddaddy of all moving averages. As such, stocks that gap just above the (flat) 200ma, regardless of the quality of the gap, generally get bought.Gaps below a 200ma usually get sold. Similarly, a multi bar drop into a 200ma often stops the stock dead in its tracks. One other thing to remember is that while the 20ma is most powerful when it’s trending, the 200ma is most powerful when it’s flat.
Continue Reading -->Options in Play: Google’s Big Ramp
Options in PlayOptions Trades with Daniel DarrowToday’s video is going to talk about a developing set up in GOOGL. The momentum Tech name hasn’t had much interest the past couple weeks but it’s entering ramp into the report territory.Dan Darrow’s positions at time of publication:
Continue Reading -->Scott Redler: Tracking Big Tech Red Dog Reversals
Let’s take a fresh look at the action in tech. Yesterday, the QQQ’s got hit early but held the 50 day with a low at $181.30. It rallied and went green to outperform yesterday, which was good to see. As long as the 50 day holds, it is hard to get too bearish here. Let’s drill down to some individual names, starting with Nvidia (NVDA). Yesterday, there was a nice Red Dog Reversal buy signal around the $262.11 pivot. It also reclaimed the 50 day to close on the highs of the day. I’d probably look to trim it into the $270 area if I was long, but it has a little more room to $273.We saw a similar move in Amazon (AMZN). It sliced the 50 day fast at $1894 before reclaiming it. I’m looking to trim some this morning and hold some because there is a chance it gets better and resolves the range higher. But it really needs a high volume close above $1957 for that.Now let’s turn to Apple (AAPL). It started on the weaker side yesterday but reclaimed $217.29 pretty fast. I bought some lower yesterday. Now we’ll see if we can actually add higher. It would be good for tech if it can get above $222.50 and hold above it.Netflix (NFLX) as kind of an odd-looking inverse head & shoulders pattern. It reclaimed the 8/21 day yesterday to get me long. Now it would be healthy to clear $377 for upside. But for that to happen, it needs to get and stay above $373.64 first.Positions Disclosure: As of September 25, 2018 at 10:54 a.m. ET, Scott J. Redler is long FEYE, CGC, FB, BAC, NFLX, XLE, AMZN, IBM calls, GWPH calls
Continue Reading -->My Swing Trade Game Plan for This Week
Sami Abusaad | Black Room LessonsGet Sami Abusaad’s Swing Trade Game Plan for September 24 – 28.See what trades Sami is targeting, and why.
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