AXP Options Trade | Options in Play Review
Options in PlayOptions Trades with Kurt Capra & Daniel DarrowThey Don’t All Work OutToday Kurt Capra talks about the AXP trade into earnings. It didn’t play out the way we were hoping but the setup was a solid one and worth the risk.
Continue Reading -->GE – General Electric Options Straddle | Options in Play (8 Minutes)
Options in PlayOptions Trades with Kurt CapraGE – General Electric Options Straddle | Options in Play (8 Minutes) In today’s video Kurt Capra discusses an options trade going out in tonight’s Options in Play newsletter. We think GE is set up well for a straddle and we will walk through our rationale for the idea.
Continue Reading -->Examining a Healthy Trend | Black Room Lessons (18 Minutes)
Ryan Tonking | Black RoomExamining a Healthy Trend (18 Minutes)Today’s video we break down what a healthy trend looks like, and if I’m in one, how I manage the position. We’ll look at a couple recent examples as we get prepared for earnings season. These trends are most prolific as we enter earnings.(see the follow-up to this video here)
Continue Reading -->Sympathy for the Semis: Potential Options Plays This Earning Season
Options in PlayOptions Trades with Kurt CapraThis video is going to talk about soon to be released earnings from ASML and sympathy options trades off of it. Similar names within a sector will often move in tandem on earnings, so expect action in AMAT and LRCX over the next couple days.
Continue Reading -->How You Can Avoid Most Breakout Failures
Sami Abusaad | Black RoomToday’s video is about how to avoid most breakout failures, how to spot the end of a move, and how to successfully initiate a counter-trend trade.
Continue Reading -->Netflix in Pain: Why I Don’t Take Stock Into Earnings
SPX futures are -4 as we see many F.A.N.G.-type names and other tech stocks getting hit on NFLX’ revenue and subscriber miss. The analysts had it right last week when they started talking down the sub estimates. Super high P/E stocks can’t go up 100%+ and then miss earnings. This situation is exactly why I don’t take stock into earnings. I use options since the risk is premium paid. I have no position and I’m proceeding carefully. It might be best to wait until tomorrow to see today’s candle to make a fresh plan. Let’s see if it puts in a 5-15-30-60 minute low. $343-$345 is an area to watch, and there is a big level to watch at $338ish.Since we’re talking F.A.N.G. names, yesterday I said this about AMZN: “If I was long it, I’d consider trimming because it’s a little extended here.” AMZN closed on the lows and it’s down with NFLX today. See if it holds $1795. If not, the 8 day is all the way down at $1763.Now let’s turn to the SPX. Futures are -5 as tech is under pressure from NFLX. Today, let’s see if we hold 2791. That could be difficult. If we break and say below, we have the 8 day at 2780ish, and then 2761 is a huge level. If NFLX can rally off a low, that may help things. Also, see if some flows go to banks or energy to help mute the weakness.
Continue Reading -->When a Risk-Reward Profile Changes an Options Trade
Options in PlayOptions Trades with Kurt CapraThis video will talk about the recently closed out VFC trade. Risk to reward profiles played a big role in determining when to sell, and we will go over why.
Continue Reading -->Scott Redler: What If the Analysts Are Wrong About Netflix?
Last week, I got stopped out in NFLX when it lost upper momentum at the $411 area. The stock is up 100% this year, and a few analysts are worried about European sub numbers causing a miss. I’m approaching this one cautiously. Today, let’s see how it handles the $395 pivot. Today, let’s see how it handles the $395 pivot. And after the earnings report hits, if the analysts are wrong and NFLX beats, $419-$423 is key resistance to clear. If the report is light, see how it handles the $380 area, or the 50 day down at $365. I’m watching potential options plays, but I’ll probably wait until around the close to do anything.HUYA is a very active name that’s been a favorite of RAA readers. Now, see if it holds $36.25 to keep momentum and stay special. BABA lost some momentum this past month on all the trade banter. It now has a lower-level wedge type pattern building. $189.30 is pivot support. To get some strength back, it has to get above $192.12. It’s a good name to watch for clues.
Continue Reading -->Scott Redler: Is SPX 2800 on Tap? Tech May Hold the Answer
Can the SPX hit the 2800 mark again? Tech may hold the clues. The QQQ still acts well. $175.80 is our new pivot support to watch. A strong move and close over $178 could mean a charge to SPX 2800.Now let’s take another look at a IQ, a name we’ve focused on in the past few months. It came down from $46.23 to $30.20 and it’s trying to rebuild. I’m long a bit overnight. If it can get and say above $32-$32.40, it should open the door for a move to the $34 area and possible more.Now let’s look at IBB. IBB had a Red Dog Reversal on 6/28 and it has acted well very since then. Last Friday, it had a big pro gap on the BIIB news. And now it has a pretty impressive high-level bull flag. A move and hold above $117 can take it back to 2018 highs.
Continue Reading -->An Options-Centric Look at the Start of Earnings Season
Options in PlayOptions Trades with Kurt CapraToday’s video is going to cover earnings for the remainder of the week. Financials have been struggling and earnings this week will determine whether a developing turnaround gains momentum.
Continue Reading -->