I opened $AMD 20240503 152.5 PUT$ ,AMD: sold cash secured put on AMD with strike price at $152.5 and expiring on 3rd May which is 25 days away. Premium collection during this period is 1.9%. Slightly higher premium for its volatility ahead of earning on 30th April. AMD had already corrected by almost 40% from its high on 8th Mar felt oversold for the short term. Looking for a quick reversal trade ahead of earnings. Strike price supported by 100 days MA line which stays around $160 mark.
Price action (8 Apr 2024) - Simply, 2 key levels to test - For bullish, 182 must be broken above - For bearish, 161 do not hold and break below - MA5 and MA20 are near to each other ==> uncertainty for now - Likely sideways above 160 or settle between 146/160 until earnings on 23 Apr 2024 - 8 Aug news on Robotaxi might wear out if give rise to a few days of run coming week Will continue to nibble on the way down. Remain long on TSLA. Good luck, all! TSLA Daily - 8 Apr 2024 @melson @TigerStars @macroB @CaptainTiger
$Venture(V03.SI)$ Venture - AGM is on 26th April 10.30AM, huat ah! Opening price seem showing some positive action, 14.55, awesome! Pls dyodd. Venture - Come on! Show us your power! Crossing over 14.42 decisively and rises higher to 14.50 than 15.25. Huat ah! Venture - She is looking great to rise up to retest 14.42 again! A nice crossing over with ease would likely see her rising up further towards 15.25 and above! Pls dyodd. Venture - Chart wise, she is doing a consolidation mode price patterns and may likely rise up to test 14.42 again! A nice and decisively breakout would certainly see her rising up further towards 15.25 and above! Pls dyodd. Venture - She is holding up well and may likely rise up ro retest the recent
Impending short squeeze?! First of all, what is a short squeeze?? It is a situation in which the price of a stock rises to such an extent that investors who have sold short purchase the stock in order to limit their losses, causing the price to rise further. The share price of $Faraday Future Intelligent Electric Inc.(FFIE)$ has dropped around 90+% YTD since the beginning of year 2024. Its market cap is currently at ~$4million and has a high short interest of ~86% (36.3 mil out of 42 mil shares,were shorted as of 15 Feb 2024). https://www.nasdaq.com/market-activity/stocks/ffie/short-interest Although it only sold 10 cars to date, the company is selling highly niche ultra-luxury cars. One FF 91 2.0 Futurist Alli
Options Spy | Option market cautious on short-term stock volatility
U.S. stocks rose, though bets grew that the U.S. central bank might delay cutting interest rates this year, with higher Treasury rates limiting gains in major indexes. Swap rates suggest the Fed will cut rates by about 60 basis points this year, so two cuts are the most likely outcome. On Friday, the odds of three rate cuts remained above 50%.According to the latest trading data in the options market, investors are taking a wait-and-see approach to equities in the near term and remain cautiously optimistic about the next month or two.For the S&P 500ETF SPY, overall market sentiment is slightly bearish, with put options outnumbering call options by open interest. The largest volume increase was in put options expiring on May 17 with a strike price of 494, with the main direction being b
$Tesla Motors(TSLA)$ Based on US market history, April is one of the best performing months for equities. Yet this April, Tesla fell by -6.39% to $164.90 per share, after announcing a much weaker than expected Q1 2024 deliveries. Actually on 24 Jan 2024, Tesla has suffered a price correction after it’s Q4 2023 post earnings conference call. When commenting on 2024 EV growth, Mr musk himself issued the warning “may be notably lower”. With a realized forecast, analysts are now lowering their price targets & expectations — while waiting for Mr musk to pivot out of a "messy quarter." Who Said What? (1) Guggenheim Securities, Analyst Ronald Jewsikow: - Recommended - Sell rating. - Revise
【Stock Prediction】Guess which bank is a big winner this week ?
Q1 earnings season kicks off on Friday with $JPMorgan Chase(JPM)$ , $Wells Fargo(WFC)$ , and $Citigroup(C)$ reporting. Can you predict which bank is a big winner this week ? If you get correct answers, you can get 10 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins.Q1 banks' earnings outlookWhen analyzing bank earnings, it is important to remember that banks make money in three ways: net interest margin, trading, and fees from services such as investment banking and asset management.The environment for big banks remains complex, and positive and negative factors must be considered. The latest non-farm payroll report and macro data have sho
$EXK: Can Silver Hit the Milestone of $30 per Ounce, Reaching Levels Last Seen in 2011?
Stocks had a rare down week across the board, with a strong labor market and Fed officials casting doubt on the future path of rate cuts. The best-performing concepts are silver, precious metals and coal & consumable fuels.Considering the different perceptions of the stock, this time TigerPicks chose $Endeavour Silver(EXK)$ to have a fundamental highlight to help users understand it better.$Endeavour Silver(EXK)$ Endeavour Silver Corp has emerged as one of the best-performing precious metals miners this year amid the ongoing surge in the price of gold and silver. Shares have more than doubled from their Q1 low, rebounding sharply compared to the volatile and challenging 2023.We see room for the mom
Japan is gradually moving out of deflation, mainly due to external shocks such as Covid-19 and Ukrainian War, rather than the internal "Abenomics." The main reasons why "Abenomics" failed to achieve inflation are the tight fiscal policy and the failure to address labor shortages.The growth of salaries in Japan in 2024 may once again see a significant increase, and it is expected that Japan's inflation will be around 2.0-2.5% in 2024. In the long run, given the shortage of domestic labor supply in Japan and the changes in the international trade pattern, it is believed that Japan may completely get out of deflation.Today, the Japanese economy may have emerged from the "Lost 30 Years", and the future may face an important turning point. During 2021-2023, Japan's economy grew above potential
$奈飞(NFLX)$ weekly. bear div, RSI cooling off as price goes higher. bull engulfing last week. very clear on the daily, but it looks like RSI might curl back up. ER in 12 days. $700 seems obvious. looks like it could be a green Monday/Tuesday, straight to $662.19
$奈飞(NFLX)$ remains bullish and stays holding its multi-year uptrend after that disastrous start to 2022. Looks like it’s very possible to see new ATH this year barring any major setbacks. Yet another mega cap that looks strong as the year progresses.
$Apple(AAPL)$ can hold support below and the same with resistance above.Breaking out higher could retest the recent lower, higher placed / the prior lows slightly above.Breaking down could seek a convergence of support below.Breaking down would signify a double top, neckline break of a larger picture suggesting continuous downward pressure.[Miser][Miser][Miser]AAPL: AAPL ranging into support and resistance
🌟🌟🌟Is short selling a good strategy in a downtrend? For those who are new to investing Short Selling involves borrowing a security whose price you think is going to fall and then selling it on the open market. You then buy the same stock back later, hopefully for a lower price than what you initially sold it for, return the borrowed stock to the broker and pocket the difference. For example let's say Stock A is trading at USD 50 share. You borrow 100 shares and sell them for USD 5000. The price of Stock A subsequently drop to USD 25 a share, at which point I buy 100 shared to replace those you borrowed, netting a profit of USD 2500. Short selling may seem straightforward but it involves taking considerable risk. What are the risks?
$ARM Holdings Ltd(ARM)$ In terms of price pattern, the stock has formed a large bullish Flag pattern while MACD is displaying a pos divergence. Definitely on watch to see how the stock will trade over the coming weeks. Investing is about future earnings. ARM is best in class chip design. Buy and hold,3-5 yrs. will be rewarded.
If Tilray (TLRY) EPS Better Price Volatility Upside Possible
$Tilray Inc.(TLRY)$ is expected to release earnings on 09 April 2024 before the market opens (BMO). There have been some positive news on the development of cannabis companies last week, Florida Supreme Court on 01 April (Monday) allowed voters to decide on the fate of recreational use of marijuana in the state through a referendum on the November ballot. Germany recently legalized cannabis. Further, the U.S. Food and Drug Administration has recommended reclassification of cannabis as a Schedule III drug. It is likely that federal level legalization of cannabis will be a part of the election promise. Therefore, things seen optimistic on the regulatory front and that the reason for TLRY stock trending higher. Tilray growth was fuelled by the intern
Option Movers | Tesla's Volume Gains 29%; SQQQ and SLV See About 85% Call Options
Market OverviewU.S. stocks finished higher on Friday (Apr. 5) after a strong jobs report reinforced the view that the economy remains healthy even as it suggested the Federal Reserve could delay cutting interest rates.Regarding the options market, a total volume of 44,518,410 contracts was traded, up 6% from the average daily trading volume.Top 10 Option VolumesTop 10: $TSLA(TSLA)$, $NVDA(NVDA)$, $AMD(AMD)$, $AMZN(AMZN)$, $META(META)$, $AAPL(AAPL)$, $INTC(INTC)$,
The rally in Gold $Gold - main 2406(GCmain)$ is *not* (yet) a retail thingRetail implied allocations to gold (via ETFs) are still at the bottom of the range, barely moved [despite gold breaking out to new all-time highs, and beating stocks YTD, up more than 10%]Imageso who's buying then?ImageRetail/ETFs again...This time *Flows*Despite a stunning breakout, no flows. Gold previously topped out and took a breather when ETF flows got overheated. No risk of that right now...Imagehttps://twitter.com/Callum_Thomas/status/1777059764025057399