To The Moon

$Chewy, Inc.(CHWY)$ Chewy Inc. is an online retailer of pet products that has consistently beat analysts' expectations for net sales and has seen a growing active customer base. However, the stock can be very volatile following its earnings report, making it difficult to predict how the share price will react. As a result, selling options may be a profitable strategy to take advantage of the volatility of the stock. Chewy's Stock Volatility As mentioned, Chewy's stock can be very volatile following its earnings report. The stock closed down 16.1% the day after reporting Q4 2021 earnings. On the other extreme, the stock rallied 24.2% after reporting Q1 2022 earnings. Chewy will be released its earnings report after the market closes today. Resist

About Nike  $Nike(NKE)$ Nike Inc. (NYSE:NKE) is a multinational corporation based in Beaverton, Oregon, USA, with operations in over 190 countries. The company designs, develops, and sells athletic footwear, apparel, equipment, and accessories. The brand is renowned for its high-quality products, and it's no surprise that it's among the most recognizable and valuable brands globally. Founded in 1964, Nike has grown to become one of the largest and most successful athletic apparel companies in the world. The athletic apparel industry is highly competitive, and Nike's major competitors are Under Armour, Puma, Adidas, and Lululemon. These companies have also experienced growth in the past few years, with Puma and Lululemon outperforming Nike in t

About Roku $Roku Inc(ROKU)$ Roku is a leading provider of streaming devices and services, offering users access to over 500,000 movies and TV shows. With the shift towards cord-cutting and the growing demand for streaming services, Roku has positioned itself as a key player in the industry. The company's performance has been impressive, with revenue growing from $500 million in 2017 to $2.6 billion in 2022. However, with competition in the industry heating up, it's important to assess the company's current stock performance and future prospects before trading. Assessing the Competition While Roku has established itself as a major player in the streaming industry, it faces stiff competition from other players like

MORE VOLATILITY AHEAD The recent crisis surrounding $First Republic Bank(FRC)$  First Republic Bank (FRC) has sent shockwaves through the financial world. After the bank's shares fell by more than 60% in a matter of days, many investors are understandably concerned about how to approach this volatile situation. In this post, we'll examine the trading strategies for those looking to invest in FRC. NOT SURE WHAT EXACTLY IS HAPPENING The first step in formulating a trading strategy for FRC is to understand the current situation. FRC shares fell more than 60% in a single day, and other banks such as Western Alliance Bancorp and PacWest Bancorp also suffered significant losses. While the reasons behind the crisis are not entirely clear, it app

Situation: A triple witching day is a term used to describe the day when stock options, index futures, and stock index options expire simultaneously. This can lead to increased market volatility and trading activity. Complication: Trading on a triple witching day can be challenging for traders, especially those who are not familiar with the intricacies of the market on such days. However, with proper preparation and knowledge of the market conditions, traders can make profitable trades. Question: What are some trading tips that can help traders make profitable trades on a triple witching day? Answer: Stay Informed: Keep a close eye on the news and developments leading up to the triple witching day. This includes monitoring the expiration dates of the various options and futures, as wel

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$Advanced Micro Devices(AMD)$ is a favourite stock among trader with high turnover everyday. Commonly known as AMD, it is a semiconductor company that designs microprocessors, graphics processors, and other computer-related technologies. The stock along with the other semiconductor stocks have been rocketing in the past week and in the overbought region. Today I will discuss the bear call spread trading strategy and how it can be applied to AMD stock. What is a Bear Call Spread? The bear call spread is a popular trading strategy used by traders to capitalize on a bearish outlook of a stock. It involves selling a call option at a lower strike price and buying a call option at a higher strike price for the same stock and expiry date. The idea is to

As a swing trader, I am always on the lookout for opportunities to capitalise on the volatility of the stock market. One company that has caught my attention today is $FedEx(FDX)$ FedEx Corporation (FDX), the world leader in express shipping. FDX is set to release its earnings report after the market close today, and I am planning to purchase call options at the strike price of 192.5 expiring next week. In this post, I will discuss my strategy for trading FDX stock and looked at the company's background, competitors, and market performance. Background of FedEx Corporation (FDX) FedEx Corporation was founded in 1971 and is headquartered in Memphis, Tennessee. The company provides a wide range of transportation, e-commerce, and business services thro

As an investor, I have been keeping a close eye on $Adobe(ADBE)$ Adobe (ADB) ahead of its earnings release after the market close today. I have been thinking about the company's prospects, and the various factors that might affect its stock price in the short-term. In this article, I will share my inner thoughts on how I am going to trade Adobe before it releases its earnings. Slowing Demand for Adobe Software Based on Economic Uncertainty One factor that concerns me is the slowing demand for Adobe software due to economic uncertainty. Adobe's annual sales forecast has also fell short due to the currency impact. This suggests that the company is facing headwinds in some of its key markets. However, I also know that Adobe is a leader in the creati

$Lennar(LEN)$ coporation is one of the leading homebuilding companies in the US. With the real estate market experiencing a slowdown, LEN has been in the spotlight due to its upcoming earnings report. Here is a cautious view on how I might trade LEN before earnings. Housing ETFs Jump Despite Real Estate Slowdown Despite the recent slowdown in the real estate market, housing ETFs like ITB and home builder stocks like LEN and D.R. Horton have seen an increase in value. This indicates that investors are still bullish on the housing industry, despite the challenges that it faces. Some of the possible reasons for this include strong demand for new homes and a lack of inventory due heightened demand following a surge in remote work during the COVID-19 pa