Options Hub

Markets Continue Rangebound as Traders Await Direction

05-09 21:29

Markets Continue Rangebound as Traders Await Direction

Rising Treasury yields and mixed corporate earnings impacted market sentiment, though the Dow Jones rose for the sixth straight session, reclaiming the 33,000 level.Options market data showed muted trading across the major index ETFs, with most activity concentrated in front-week options set to expire, suggesting retail traders were the main participants.Details:The $SPDR S&P 500 ETF Trust(SPY)$ options overall reflected a bullish trading sentiment, with sellers of put options dominating. Open call interest declined -1.4% over the past 5 days. Open put contracts increased 12.2% over the same period.For call options, the most actively traded was the $SPY 20240509 521.0 CALL$ w

Positive Sign for the Market: .SPX, META, NVDA& QQQ

05-09 10:39

Positive Sign for the Market: .SPX, META, NVDA& QQQ

Hello everyone! Today I want to share some trading strategies with you! Hope it can help you!1. $S&P 500(.SPX)$ dip bought up just moved red to green.. watch that 5200 level if it gets through we can see a 50 pt move over the next 2 days $Meta Platforms, Inc.(META)$ got through 474... 477.5c best above 474.. now trading at $3.50 $NVIDIA Corp(NVDA)$ moved red to green but still under that 919, possible it starts to breakout tomorrow2. $S&P 500(.SPX)$ so close to testing all time highs, continue to watch that 5200 level.. Big resistance to get through to set up for 5264 $Inv

Option Stratgies: TTD, MARA, APP& ABNB

05-09 10:21

Option Stratgies: TTD, MARA, APP& ABNB

Hello everyone! Today I want to share some option strategies with you!1.Took the following optionselling trades: ▫️ Sell-to-open $Trade Desk Inc.(TTD)$ May 10 exp 67 strike put ▫️ Sell-to-open $AppLovin Corporation(APP)$ June 21 exp 50 strike put Looking to execute the following before market close: ▫️ Sell-to-open $Airbnb, Inc.(ABNB)$ strangle - May 10 exp 130p & 187.5c strikes ▫️ Sell-to-open $ARM Holdings Ltd(ARM)$ strangle - May 10 exp 77p & 165c (or higher) strikes2. $Marathon Digital Holdings Inc(MARA)$ is announcing earnings after the close tomorrow. This is the load

OptionsDelta

05-09 01:51

The market action these past few days has been frustrating, right?

tldr: Watch the Tesla bears perform the Dunkirk retreat. $NVIDIA Corp(NVDA)$ To analyze Nvidia's trend, we must first look at $ARM Holdings Ltd(ARM)$ . ARM will report earnings after the close on Wednesday. As is well known, one chipmaker's earnings can impact the entire semiconductor sector and even the broader market. If ARM surges, Nvidia will surge. And if Nvidia rises, the market will rise.Based on current large option positions, the market is extremely bullish on ARM's earnings, with far-dated 155 calls ($ARM 20240621 155.0 CALL$ ) even seeing activity.If ARM is expected to rally, then Nvidia and the market should rally too, right?T

The market action these past few days has been frustrating, right?

Large Caps Seen Topping Out, Pullback Expected to be Shallower than Anticipated

05-08 22:26

Large Caps Seen Topping Out, Pullback Expected to be Shallower than Anticipated

Traders are looking for more clues on whether the Fed could start cutting rates. After a pullback in April, stocks have rebounded recently on renewed hopes for Fed rate cuts this year, with corporate earnings for the first quarter also providing some optimism so far.Options market data suggested the S&P 500 ETF may have topped out around 520, with any pullback limited to less than 4.8%. For QQQ, downside expectations continued to be tempered, with a decline of less than 2.2% priced in by June 21 expiration. Small-cap Russell 2000 looked to have topped as well, with expectations for the index to trade below 208 by mid-May.Details:The $SPDR S&P 500 ETF Trust(SPY)$ options overall reflected a bearish trading sentiment, with sellers of put opti

OptionsDelta

05-07 23:48

The Market's Butt is Crooked

Title inspired by yesterday's option flow $NVIDIA Corp(NVDA)$ Nvidia surged 3.77% on Monday, with options flow tilted towards calls. The most active call strikes this week are 950 and 920, while 850 saw the highest put volume. This disjointed strike activity is normal - market sentiment doesn't sequentially buy 925, 930, 935 etc., but instead concentrates on a further out-of-the-money strike for higher leverage. This makes the continuous call strikes seen the week of April 19th seem abnormal, reinforcing the belief it was an intentional bearish play.While the market leans bullish, breaking 920 still has difficulty. One can continue accumulating the stock on dips, as it's likely to see upside volatility ahead of earnings. However, upside volatility

The Market's Butt is Crooked

Downside Expectations for Large-Caps Ease, Small-Caps Seen Extending Gains

05-07 23:42

Downside Expectations for Large-Caps Ease, Small-Caps Seen Extending Gains

The surprisingly cool U.S. April jobs report stoked hopes for an earlier start to Fed rate cuts, sending the VIX fear gauge to a one-month low and pushing Treasury yields lower. Apple rallied nearly 6%, leading tech stocks higher.As the S&P 500 gradually rose, options market data showed continued adjustments to hedge put positions by raising strike prices. For QQQ, downside expectations for May were lowered, with a decline of less than 2.7% priced in by May 31st expiration. Small-cap Russell 2000 options saw active buying of calls, implying expectations for the index to trade above 205 by June 21.Details:The $SPDR S&P 500 ETF Trust(SPY)$ options overall reflected a bullish trading sentiment, with sellers of put options dominating. Open call

OptionsAura

05-07 21:43

Surpass Buffett with Options Trading? Learn the Covered Call Strategy 📈

Warren Buffett's investment journey with $Apple(AAPL)$ began in early 2016 when $Berkshire Hathaway(BRK.A)$ $Berkshire Hathaway(BRK.B)$ first purchased about 9.8 million shares, worth approximately $1.07 billion. Over the years, Buffett continued to increase Berkshire's stake in Apple.Buffett recognized the value in Apple's strong brand, loyal customer base, and stable cash flow generation. Although known for investing in traditional sectors like insurance and consumer goods, Buffett saw the potential of Apple as a long-term investment.This year, Berkshire significantly reduced its Apple holdings by selling around 116 million shares, cutting the year-end positi

Surpass Buffett with Options Trading? Learn the Covered Call Strategy 📈

Trading Strategies: .SPX, NVDA, AMC, META& AAPL

05-07 10:21

Trading Strategies: .SPX, NVDA, AMC, META& AAPL

Hello everyone! Today i want to share some trading strategies with you!1. $NVIDIA Corp(NVDA)$ breakout above 900... NVDA can run to 935 this week. Price action strong here 📈.. 950C best here if it holds above 910.. now trading at $6.402. $Meta Platforms, Inc.(META)$ strong price action.. this can run to 469+ if it closes above 460 this week. Keep an eye on that 460 level.. 465C is best above 460 $NVIDIA Corp(NVDA)$ strong here.. watch this gap up tomorrow if it can close near/above the 919 resistance level.. NVDA to 1000 coming this month 📈✅3.Fun Fact: You don’t need to trade everyday to grow your account… However you CAN’T hesitate when the right opportunities

Option Strategies: PLTR, CELH, DIS, HIMS, DIS& AMD

05-07

Option Strategies: PLTR, CELH, DIS, HIMS, DIS& AMD

Hello everyone! Today I want to share some option stratgeies with you!1.Sold covered calls on $Advanced Micro Devices(AMD)$ - May 10 exp 170 strike. Will roll down strike to capture more premium later this week depending on where AMD is trading. Image2.Sold the $Walt Disney(DIS)$ May 24 exp 130 strike covered call on this spike up right now. DIS has seen rejection around the 123 level twice (earlier this year and then last time in Aug 2022). We actually hope it breaks through for earnings and challenges our 130 strike. 🤞🏽🙏🏽Image3.Took the optionselling trade on $Hims & Hers Health Inc.(HIMS)$ ... sold-to-open the May 17 exp $8 strike puts.Image4.Sold-to-open a

OptionsDelta

05-06

The Two Most Malicious Weeks for Option Buyers: The May Tug-of-War Has Begun

In summary: From May 6th to May 17th, the market will overall experience range-bound consolidation. For option buyers with medium-term positions (expiring in 3 months), it is recommended to roll them over for an additional month to combat time decay. For short-term positions, day-trading is advised. Option sellers will have a relatively comfortable time, with short positions in either calls or puts likely to be profitable during this period. The price action on May 17th will probably continue the sideways consolidation, unable to replicate the strength seen on April 19th. $NVIDIA Corp(NVDA)$ The key resistance levels for Nvidia this week are $900 and $920 ($NVDA 20240510 920.0 CALL$

The Two Most Malicious Weeks for Option Buyers: The May Tug-of-War Has Begun

May Volatility Expected to Subside, Institutions Position for Longer-Term Downside

05-06

May Volatility Expected to Subside, Institutions Position for Longer-Term Downside

The surprisingly cooler U.S. April jobs report stoked hopes for an earlier start to Fed rate cuts, sending the VIX fear gauge to a one-month low and pushing Treasury yields lower. Apple rallied nearly 6%, leading tech stocks higher.Options market data suggested expectations for reduced volatility in the S&P 500 near-term, with a sideways bias this week and potential for the index to finish Friday below 509. QQQ saw continued buying of longer-dated downside protection. For small-caps, Russell 2000 options positioned for a range-bound move, with expectations for the index to trade between 194-210 into June.Details:The $SPDR S&P 500 ETF Trust(SPY)$ options overall reflected a bullish trading sentiment, with sellers of put options dominating. O

Trading Strategies: .SPX, META& NVDA

05-06

Trading Strategies: .SPX, META& NVDA

Hello everyone! Today I want to share some trading strategies with you! Hope it can help you!1.Anyone that tells you that turning a $500 into $100K is simple are lying. Trading is a way to generate income and wealth but it takes years to develop into a consistently profitable trader. The first thing you need to figure out is what kind of trading style suits your risk profile first then identify setups that align with that strategy. I've made millions from trading but I've never told anyone trading is easy. It's a grind.. But guess what? Everything is a grind. You just have to choose which path you want to take and commit to it.2. $NVIDIA Corp(NVDA)$ Trade Idea: May 10 910C 💡 Trigger: Above 885 📈 Target: 919 🎯 Stop: 877 🛑 NVDA through 900 can test

Option Strategies: DIS, CELH& TWLO

05-06

Option Strategies: DIS, CELH& TWLO

Hello everyone! Today i want to share some option stratgeies with you!1.Here is how we are going to trade $Walt Disney(DIS)$ for earnings this week. Expected move is ~6%. Strong volume support in the 90-91 level and gap at the 99 level. Previous high from last earnings at 123. We have a long position composed of shares and LEAPs Sell-to-open covered calls at the May 17 expiration and a strike somewhere in the $125-130 range Buy-to-open a put debit spread to hedge our long position - May 10 expiration, strikes tbdImageImage2.Think we'll trade $Celsius Holdings, Inc.(CELH)$ this week. Zooming out on the daily chart makes it obvious what put strike we're gonna sell. Probs will sell a strangle for this trade.

Option Stratgies: HIMS& PLTR

05-06

Option Stratgies: HIMS& PLTR

Hello everyone! Today I want to share some option strategies with you!1.Who's $Palantir Technologies Inc.(PLTR)$ for earnings on Monday ??? These are the trades we have on: Own a bunch of shares and Jan 2025 $7 LEAPs Sold May 10 $30 covered calls on some of our position and might fulfill the remaining position at 5/10 30cc or 5/17 32cc Will sell cash-secured puts at the 17 or 18 strike and May 17 expiration Considerations: Expected move is pegged high at ~14% Gap at the 17-18 level, which also happens to be near strong volume support (also the point-of-control) If you zoom out on the daily chart, it looks like a cup-and-handle formation ... albeit with a small handle at the moment.ImageImage $Hims & Hers

Option Strategies: PLTR, META, ROKU& .SPX

05-04

Option Strategies: PLTR, META, ROKU& .SPX

Hello everyone! Today I want to share some option strategies with you!1.Took an optionselling trade on $S&P 500(.SPX)$ . Sold-to-open a put credit spread ... 0DTE ... May 3 expiration 5045/5040 strikes.2.Here are the $S&P 500(.SPX)$ 0DTE trades we placed earlier today ... layered a few put credit spreads below yesterday's closing price to position us well outside a 1% down move from open and reduce our risk.Image3.Here's a few of our optionselling positions in our long-term account that we trade in from time-to-time. - Closed out the $MELI July 1140p trade for profit - Sold-to-open $Microsoft(MSFT)$ June 21 exp 375p (that strike sits around the 200 EMA) -

Trading Strategies: NVDA, SPY, QQQ& MSFT

05-03

Trading Strategies: NVDA, SPY, QQQ& MSFT

Hello everyone! Today I want to share some trading strategies with you!1. $S&P 500(.SPX)$ up 40 from the lows, if it holds 5038 we can see 5100 by next week. Price action looks better here after basing above 5038 past hour $NVIDIA Corp(NVDA)$ back through 850... 867 in play tomorrow as long as it closes above 850 today $Coinbase Global, Inc.(COIN)$ up 13 into earnings.. 250+ coming this month2.Mastering your mindset is the key to becoming a successful trader ✅ - When the right opportunities arise, DON'T hesitate. - When a trade fails, FOLLOW your stop loss. - When times are tough, NEVER give up Your mindset is one of your greatest assets. Harness it and you

Option Strategies: MELI, SQ& SOFI

05-03

Option Strategies: MELI, SQ& SOFI

Hello everyone! Today I want to share some option strategies with you!1.Whoa ... didn't realized that $MercadoLibre(MELI)$ was announcing earnings after the bell today. Sold-to-open the July 19 $1140 strike put. Volume point-of-control around 1200. Picked a strike (1140) slightly below at a multi-touch bottom point.Image2. $Block(SQ)$ releases earnings after the bell today. Currently have a 62.5p in play and am purposely trying to get back shares lost on the last earnings release due to a covered call (luckily, lost it for profit). The 62.5 level targets a previous bottom of a consolidation range prior to the last earnings release.Image3.Calling all $SoFi Technologies