• OptionsDeltaOptionsDelta
      ·07-12 22:19

      Don't Panic, It's Just a Technical Correction

      TL;DR: Over the next couple of weeks, potential pullback targets are SPY 550, Tesla 230-250, while Nvidia and Apple targets remain unchanged from previous ranges.The Market Continues to PullbackWall Street operates with a sense of urgency, one might say haste.While I had expected a higher probability of a market pullback after the August 2nd FOMC meeting, the old Wall Street hands couldn't even wait for that, selling off aggressively post-CPI data.Powell had to testify over two days, bearing the brunt. Remember when the banking crisis was shorted right into the FOMC day? What did you all do to the poor guy this time?But back to the main point, based on option flows, this mini pullback is likely to persist until next week, with SPY finding support around 550.SPY peaked at 562 on Thursday be
      5.47K2
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      Don't Panic, It's Just a Technical Correction
    • Selling For PremiumSelling For Premium
      ·07-12 13:35

      Option Strategies: MU, TSLA& NVDA

      Hello everyone! Today i want to share some option strategies with you!1.Was certain that $Tesla Motors(TSLA)$ would have a profit-taking sell-off, but did not think it would have this drastic of a sell-off in one day. 😮Our covered calls are safe ... gonna roll those down to the 260 or 255 strike. We would have preferred to get taken out this week at 267.5, but looks like the market has other plans for us.2.Was hoping that $NVIDIA Corp(NVDA)$ was gonna hold over 130 and maybe test our call strike. Oh well. This trade can be closed out for profit or should be fine to expire worthless for max profit this week.3.Looks like this $Micron Technology(MU)$ trade can be clos
      7111
      Report
      Option Strategies: MU, TSLA& NVDA
    • OptionsDeltaOptionsDelta
      ·07-12 00:15
      Tech Stocks Pullback, Where Did the Money Go? Look at the $iShares Russell 2000 ETF(IWM)$ The long-awaited tech pullback has finally arrived. Yesterday, the Nvidia weekly $130 and $125 puts saw a surge in open interest, suggesting the stock will likely settle above $120 for this week and next. As a result, one can look to sell some Nvidia $125 puts$NVDA 20240719 125.0 PUT$  , or the $120 strikes for a more conservative play.For Apple, I would continue selling puts. The $225 strike looks viable $AAPL 20240719 220.0 PUT$ , or the $220 puts for a safer stance.Tesla's range is quite wide at $245-$275. After the pullb
      4.51K2
      Report
    • EliteOptionsTraderEliteOptionsTrader
      ·07-11 13:49

      Trading Strategies: NVDA, .SPX, AMD& TSLA

      Hello everyone! Today i want to share some trading strategies with you!1. $Advanced Micro Devices(AMD)$ news just came out 📈AMD Acquires Europe's Largest Private AI Lab, Silo AI, For $665M; Enhances Open-Source AI Software For Efficient Training And Inference On AMD Platforms; Strengthens AI Capabilities With World-Class Scientists And Engineers; Advances Strategy For End-To-End AI Solutions Based On Open Standards2. $NVIDIA Corp(NVDA)$ close to a breakout to 140+.. Needs to hold above 130 over the next 3 days $S&P 500(.SPX)$ right near 5600.. setting up for 5644 by Friday if it gets through 5600 $Meta Platforms, Inc.(MET
      659Comment
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      Trading Strategies: NVDA, .SPX, AMD& TSLA
    • Selling For PremiumSelling For Premium
      ·07-11 13:28

      Option Strategies: WDFC, CHWY, GME, HOOD& PATH

      Hello everyone! Today i want to share some option strategies with you!1.Levels we have been targeting when optionselling puts on $Chewy, Inc.(CHWY)$ $GameStop(GME)$ $Robinhood(HOOD)$ $UiPath(PATH)$ CHWY = 17, 22, 24GME = 18, 22HOOD = 21.5, 22PATH = 11Seems like 22 is the magic number 😆. We will continue to target these levels until support/structure/sentiment breaks down and changes the trade.2.Took a last-minute optionselling trade on $WD-40(WDFC)$ to play for earnings. Sorry for not posting our thoughts earlier ... was not sure if we were gonna take this trade or not. 🔲 Sold-to
      7431
      Report
      Option Strategies: WDFC, CHWY, GME, HOOD& PATH
    • OptionsDeltaOptionsDelta
      ·07-10 22:30

      Tesla Reaches $265, Institutions Roll to Next Upside Targets

      Let's Discuss Targets for the Three Tech Giants $Tesla Motors(TSLA)$ On Tuesday, Tesla shares continued rallying, briefly hitting a high of $265.61 and achieving the interim upside target. This triggered a slew of institutional roll trades towards higher strikes.For example:Call RollClosed: $TSLA 20240712 $245 Call$ - 32,000 contractsOpened: $TSLA 20240719 $275 Call$ - 29,800 contractsThe key detail here is that the $245 calls showed only 23,000 contracts closed out against the roll, meaning the other side just outright bailed without a buyer. The market makers ran for the exits.What does this signal?The two highest call strikes for this week have become the $300 and $275 calls!And friends, this is only mid-week with Tesla just breaching $260.Nake
      4.25K4
      Report
      Tesla Reaches $265, Institutions Roll to Next Upside Targets
    • RanzyRanzy
      ·07-10 18:34
      $TSM 20240712 182.5 CALL$  Should I close this call or roll over to next week any suggestion please with loosing $257 😟
      8372
      Report
    • EliteOptionsTraderEliteOptionsTrader
      ·07-10

      Option Strategies: NVDA, META, .SPX& TSLA

      Hello everyone! Today i want to share some trading strategies with you!1. $NVIDIA Corp(NVDA)$ breaking out above 130... 140 coming this month 🚀 $Meta Platforms, Inc.(META)$ reclaimed 532... this can run to 544 later this week. Calls can work above 532 $S&P 500(.SPX)$ watch 5600 next.. if it gets through we can see 5644 by Thursday2.Trade plan for Wednesday ✅ $S&P 500(.SPX)$ consolidation day today after moving up to 5590. SPX can make a bigger move after CPI on ThursdayI'd wait for 5500 for calls $NVIDIA Corp(NVDA)$ If it continues to base above 130 over the next 2 days
      405Comment
      Report
      Option Strategies: NVDA, META, .SPX& TSLA
    • OptionsDeltaOptionsDelta
      ·07-09

      Tesla Gears Up for $300

      $Tesla Motors(TSLA)$ Yesterday, the highest strike for new Tesla call option opening interest was the September 20th $230 calls with 65,000 contracts added.The main contributor was a familiar roll trader that we all know - the same player who was previously short the $185 calls, covered that position on June 28th by buying the $200 calls, and then on Monday rolled that $200 call position up to the $230 strikes:Closed: $TSLA 20240816 200 Call$Opened: $TSLA 20240920 230 Call$Based on the order prints, it shows a 54,000 contract roll up to 68,000 contracts, with $310 million in closing trades and $270 million in new opening premium paid.Let's do the math on the upside target - $230 strike plus $39.80 is $269.80, aligning with our prior expectations o
      4.57K3
      Report
      Tesla Gears Up for $300
    • EliteOptionsTraderEliteOptionsTrader
      ·07-09

      Trading Strategies: SMCI, NVDA, .SPX, AMD& TSLA

      Hello everyone! Today i want to share some trading strategies with you!1. $NVIDIA Corp(NVDA)$ trying to breakout above 130.. this can move back to 140 by next week if it holds above 130. Calls can work above 130 $S&P 500(.SPX)$ to 5600 next, looks bullish above 5568 for today $SUPER MICRO COMPUTER INC(SMCI)$ to 1000 if it can hold 900 over the next 3 days $Tesla Motors(TSLA)$ breaking out above 249... 261 coming next 🚀2.Trade plan for Tuesday ✅ $S&P 500(.SPX)$ consolidation day near 5568 today. SPX can start to break higher later this week to 5600+ Core CPI data coming o
      4.08KComment
      Report
      Trading Strategies: SMCI, NVDA, .SPX, AMD& TSLA
    • Selling For PremiumSelling For Premium
      ·07-09

      Option Strategies: NVDA, AMD, SQ, VST, PLTR& CLSK

      Hello everyone! Today i want to share some option strategies with you! Hope it can help you!1.Switched out our optionselling puts on $CleanSpark, Inc.(CLSK)$ for $Hut 8 Mining Corp(HUT)$ ... kept the July 19 expiration. Don't think CLSK will hit 12 unless Bitcoin has another big dump, but right now it looks like BTC might be finding a bottom ... yet, anything is possible. People be sleeping on HUT and missed the big move. Looks like 14.5 might be a new base on the daily chart after the big move.2.Doing our job to help out the $Palantir Technologies Inc.(PLTR)$ bulls. Small optionselling positions, but it contributes to the cause. Come on dealers/tutes ... come cha
      3.02KComment
      Report
      Option Strategies: NVDA, AMD, SQ, VST, PLTR& CLSK
    • OptionsDeltaOptionsDelta
      ·07-08
      $Tesla Motors(TSLA)$ Unsurprisingly, there were no routine large institutional call sale prints on Friday, as uncertainty reigns whether this week brings consolidation or a continued rally.Based on open interest, there's a possibility this week shapes up as a battle around $245.My plan is to sell the July 12 $235 puts.$TSLA 20240712 235.0 PUT$  $Apple(AAPL)$ The upside momentum has been ferocious, with a 7.5% rally last week. Scanning the flows, there were many sizable call buyers adding exposure, like the weekly $227.5 calls and August $235 calls.However, I feel the $220-$230 zone may present a sticking point to clear. Nonetheless, I'll
      4.03K2
      Report
    • EliteOptionsTraderEliteOptionsTrader
      ·07-08

      Trading Strategies: .SPX, TSLA, META& AMD

      Hello everyone! Today i want to share some trading analysis with you!1.High Probability $Tesla Motors(TSLA)$ Breakout Trade that Paid Multiple 1000% Runners 🚀Explanation below 👇TSLA had been consolidating since late January 2024, trading in a range above $167 for the past 3 months. Once TSLA moved back above $182 this helped set up for $200 again. TSLA moved to $200 on June 28th and started to break out on July 1st.I took the TSLA 205C at $4.20, and these moved to $47.32 by Friday. TSLA $200 was a key breakout level for 2024. Once TSLA reclaimed $200, this set it up for a move to $216-$224 this week. TSLA ended up running to $252.TSLA gapped up after delivery numbers on July 2nd. It opened at $218 and moved to $233 intraday. I took the TSLA 225C a
      327Comment
      Report
      Trading Strategies: .SPX, TSLA, META& AMD
    • Selling For PremiumSelling For Premium
      ·07-08

      Option Strategies: NVDA, MU& AMD

      Hello everyone! Today i want to share some option strategies with you!1. $Advanced Micro Devices(AMD)$ broke out on Friday. Many chartists are signaling for a bullish move heading into earnings. Might be a play to sell puts and buy calls. Lots of consolidation and volume support in the 157.5-167.5 range. Our 👀 are on the following:▫️ Sell the 157.5 or 160 strike put, July expiration date▫️ Buy the Aug 16 exp 160 strike call2.Gonna take another optionselling trade on $Micron Technology(MU)$ this week. July 12 expiration Strangle. Targeting the 144 call strike as that was the pre-earnings top before the post-earnings dump. Targeting the 125 put strike as that had been a solid multi-touch support level (and als
      562Comment
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      Option Strategies: NVDA, MU& AMD
    • BaconiBaconi
      ·07-07

      PepsiCo Earnings Preview: What to Expect Ahead of the July 11 Report and Options Expiry on July 12

      As $Pepsi(PEP)$ prepares to release its second-quarter earnings on July 11, 2024, investors and traders are keenly anticipating the results. With an options expiry date set for July 12, the data and projections surrounding PepsiCo's performance can provide significant insights into potential stock movements. This article delves into the expected earnings, market sentiment, and options data to offer a comprehensive analysis for stakeholders. Revenue and Earnings Projections Analysts forecast solid earnings for PepsiCo in the second quarter of 2024, with consensus estimates predicting earnings per share (EPS) of $2.16 and quarterly revenue of $22.69 billion. This would represent a notable improvement compared to the first quarter of 2024, where Pepsi
      491Comment
      Report
      PepsiCo Earnings Preview: What to Expect Ahead of the July 11 Report and Options Expiry on July 12
    • BaconiBaconi
      ·07-07

      Earnings of Delta Air Lines and Options Expiry Date July 12, 2024: What to Expect

      $Delta Air Lines(DAL)$ is set to release its second-quarter earnings on July 11, 2024. As one of the major players in the airline industry, Delta's earnings report will be closely watched by investors, especially given the backdrop of a post-pandemic recovery in travel demand. With the options expiry date set for July 12, this article provides an in-depth analysis of Delta's upcoming earnings, options data, and potential stock movements. Revenue and Earnings Projections Analysts are anticipating a strong earnings report from Delta, with consensus estimates predicting earnings per share (EPS) of $2.37 and quarterly revenue of $15.5 billion​ (Delta Air Lines)​​ (Benzinga)​. This would represent significant growth compared to last year's period, when
      297Comment
      Report
      Earnings of Delta Air Lines and Options Expiry Date July 12, 2024: What to Expect
    • OptionsDeltaOptionsDelta
      ·07-05

      Is Tesla's stock price high?

      Time to rollover position $Tesla Motors(TSLA)$ Let's start with what everyone cares about most - Tesla. The bad news is the rally has been so furious that there's lack of consensus on positioning. The good news is we're not yet at $265.Previously, I outlined Tesla's first upside target of $220-$240, with $265 as the next logical extension. Little did I expect the first phase to complete within just a week. So now we continue higher, but the path is uncertain.Looking at this week, closing call strikes were very elevated - market makers bailed out of 11,000 contracts on the $235 calls. Similar sizes were closed on the $230 and $240 strikes around 9,000 each.But new opening interest is all over the place. Based on maximum unresolved open interest, es
      9.18K4
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      Is Tesla's stock price high?
    • OptionsAuraOptionsAura
      ·07-05

      Bitcoin Decline is Coming Again? Lock in 34K Profit with Bear Spread Options

      In the past 24 hours, the cryptocurrency market has experienced significant fluctuations. Market data shows that $Bitcoin(BTC.USD.CC)$ has continued to fall from over $60,000, once dropping below the $57,000 mark, to as low as $56,750.Other cryptocurrencies are in a similar situation$Ethereum(ETH.USD.CC)$ once fell to nearly $3,000 and, after a slight rebound, is now rapidly declining again; Litecoin has continued to fall, with a drop exceeding 8%; Ethereum Classic has fallen by more than 7%.Market analysis suggests that the increase in the supply of cryptocurrencies and the latest actions of Binance have impacted the current cryptocurrency market trends. It is reported that Binance will cease
      10.06K9
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      Bitcoin Decline is Coming Again? Lock in 34K Profit with Bear Spread Options
    • EliteOptionsTraderEliteOptionsTrader
      ·07-05

      Trading Strategies: NVDA, .SPX, TSLA, QQQ& AVGO

      Hello everyone! Today i want to share some trading strategies with you!1.📈 $NVIDIA Corp(NVDA)$ 128C above 126 | 🎯: 128📈 $Tesla Motors(TSLA)$ 255C above 248 | 🎯: 255📈 $Invesco QQQ(QQQ)$ 493C above 491 | 🎯: 493📈 $Broadcom(AVGO)$ 1750C above 1730 | 🎯: 17502.Trade plan for Friday ✅ $S&P 500(.SPX)$ big breakout above 5500 on Wed. If SPX can hold 5536 we should see 5568,5600 this month.5560C can work above 5536 $NVIDIA Corp(NVDA)$ setting up for 140+ this month. As long as 126 holds NVDA can breakout in the next few daysJuly 12 130C is bes
      982Comment
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      Trading Strategies: NVDA, .SPX, TSLA, QQQ& AVGO
    • BaconiBaconi
      ·07-05

      Amazon.com Inc. Stock Analysis: Implications of Options Data for July 2024 Expiry

      Amazon.com Inc. (NASDAQ: AMZN) continues to dominate the e-commerce and technology sectors with its robust growth and strategic expansions. As the options expiry date of July 5, 2024, approaches, examining the latest stock performance, options data, and market sentiment is crucial to provide a comprehensive outlook on Amazon's current standing and future potential. Current Stock Performance Amazon's stock price is currently at $197.59, reflecting a significant increase from the beginning of the year when it was trading at $151.94. This impressive growth of approximately 30% underscores the strong performance and investor confidence in Amazon's strategic direction​ (Stock Analysis)​​ (Stock Analysis)​. With a market capitalization of $1.92 trillion, Amazon remains one of the most valuable c
      2041
      Report
      Amazon.com Inc. Stock Analysis: Implications of Options Data for July 2024 Expiry
    • OptionsDeltaOptionsDelta
      ·07-12 22:19

      Don't Panic, It's Just a Technical Correction

      TL;DR: Over the next couple of weeks, potential pullback targets are SPY 550, Tesla 230-250, while Nvidia and Apple targets remain unchanged from previous ranges.The Market Continues to PullbackWall Street operates with a sense of urgency, one might say haste.While I had expected a higher probability of a market pullback after the August 2nd FOMC meeting, the old Wall Street hands couldn't even wait for that, selling off aggressively post-CPI data.Powell had to testify over two days, bearing the brunt. Remember when the banking crisis was shorted right into the FOMC day? What did you all do to the poor guy this time?But back to the main point, based on option flows, this mini pullback is likely to persist until next week, with SPY finding support around 550.SPY peaked at 562 on Thursday be
      5.47K2
      Report
      Don't Panic, It's Just a Technical Correction
    • OptionsDeltaOptionsDelta
      ·07-10 22:30

      Tesla Reaches $265, Institutions Roll to Next Upside Targets

      Let's Discuss Targets for the Three Tech Giants $Tesla Motors(TSLA)$ On Tuesday, Tesla shares continued rallying, briefly hitting a high of $265.61 and achieving the interim upside target. This triggered a slew of institutional roll trades towards higher strikes.For example:Call RollClosed: $TSLA 20240712 $245 Call$ - 32,000 contractsOpened: $TSLA 20240719 $275 Call$ - 29,800 contractsThe key detail here is that the $245 calls showed only 23,000 contracts closed out against the roll, meaning the other side just outright bailed without a buyer. The market makers ran for the exits.What does this signal?The two highest call strikes for this week have become the $300 and $275 calls!And friends, this is only mid-week with Tesla just breaching $260.Nake
      4.25K4
      Report
      Tesla Reaches $265, Institutions Roll to Next Upside Targets
    • OptionsDeltaOptionsDelta
      ·07-12 00:15
      Tech Stocks Pullback, Where Did the Money Go? Look at the $iShares Russell 2000 ETF(IWM)$ The long-awaited tech pullback has finally arrived. Yesterday, the Nvidia weekly $130 and $125 puts saw a surge in open interest, suggesting the stock will likely settle above $120 for this week and next. As a result, one can look to sell some Nvidia $125 puts$NVDA 20240719 125.0 PUT$  , or the $120 strikes for a more conservative play.For Apple, I would continue selling puts. The $225 strike looks viable $AAPL 20240719 220.0 PUT$ , or the $220 puts for a safer stance.Tesla's range is quite wide at $245-$275. After the pullb
      4.51K2
      Report
    • Selling For PremiumSelling For Premium
      ·07-12 13:35

      Option Strategies: MU, TSLA& NVDA

      Hello everyone! Today i want to share some option strategies with you!1.Was certain that $Tesla Motors(TSLA)$ would have a profit-taking sell-off, but did not think it would have this drastic of a sell-off in one day. 😮Our covered calls are safe ... gonna roll those down to the 260 or 255 strike. We would have preferred to get taken out this week at 267.5, but looks like the market has other plans for us.2.Was hoping that $NVIDIA Corp(NVDA)$ was gonna hold over 130 and maybe test our call strike. Oh well. This trade can be closed out for profit or should be fine to expire worthless for max profit this week.3.Looks like this $Micron Technology(MU)$ trade can be clos
      7111
      Report
      Option Strategies: MU, TSLA& NVDA
    • OptionsDeltaOptionsDelta
      ·07-09

      Tesla Gears Up for $300

      $Tesla Motors(TSLA)$ Yesterday, the highest strike for new Tesla call option opening interest was the September 20th $230 calls with 65,000 contracts added.The main contributor was a familiar roll trader that we all know - the same player who was previously short the $185 calls, covered that position on June 28th by buying the $200 calls, and then on Monday rolled that $200 call position up to the $230 strikes:Closed: $TSLA 20240816 200 Call$Opened: $TSLA 20240920 230 Call$Based on the order prints, it shows a 54,000 contract roll up to 68,000 contracts, with $310 million in closing trades and $270 million in new opening premium paid.Let's do the math on the upside target - $230 strike plus $39.80 is $269.80, aligning with our prior expectations o
      4.57K3
      Report
      Tesla Gears Up for $300
    • Selling For PremiumSelling For Premium
      ·07-11 13:28

      Option Strategies: WDFC, CHWY, GME, HOOD& PATH

      Hello everyone! Today i want to share some option strategies with you!1.Levels we have been targeting when optionselling puts on $Chewy, Inc.(CHWY)$ $GameStop(GME)$ $Robinhood(HOOD)$ $UiPath(PATH)$ CHWY = 17, 22, 24GME = 18, 22HOOD = 21.5, 22PATH = 11Seems like 22 is the magic number 😆. We will continue to target these levels until support/structure/sentiment breaks down and changes the trade.2.Took a last-minute optionselling trade on $WD-40(WDFC)$ to play for earnings. Sorry for not posting our thoughts earlier ... was not sure if we were gonna take this trade or not. 🔲 Sold-to
      7431
      Report
      Option Strategies: WDFC, CHWY, GME, HOOD& PATH
    • EliteOptionsTraderEliteOptionsTrader
      ·07-11 13:49

      Trading Strategies: NVDA, .SPX, AMD& TSLA

      Hello everyone! Today i want to share some trading strategies with you!1. $Advanced Micro Devices(AMD)$ news just came out 📈AMD Acquires Europe's Largest Private AI Lab, Silo AI, For $665M; Enhances Open-Source AI Software For Efficient Training And Inference On AMD Platforms; Strengthens AI Capabilities With World-Class Scientists And Engineers; Advances Strategy For End-To-End AI Solutions Based On Open Standards2. $NVIDIA Corp(NVDA)$ close to a breakout to 140+.. Needs to hold above 130 over the next 3 days $S&P 500(.SPX)$ right near 5600.. setting up for 5644 by Friday if it gets through 5600 $Meta Platforms, Inc.(MET
      659Comment
      Report
      Trading Strategies: NVDA, .SPX, AMD& TSLA
    • OptionsDeltaOptionsDelta
      ·07-08
      $Tesla Motors(TSLA)$ Unsurprisingly, there were no routine large institutional call sale prints on Friday, as uncertainty reigns whether this week brings consolidation or a continued rally.Based on open interest, there's a possibility this week shapes up as a battle around $245.My plan is to sell the July 12 $235 puts.$TSLA 20240712 235.0 PUT$  $Apple(AAPL)$ The upside momentum has been ferocious, with a 7.5% rally last week. Scanning the flows, there were many sizable call buyers adding exposure, like the weekly $227.5 calls and August $235 calls.However, I feel the $220-$230 zone may present a sticking point to clear. Nonetheless, I'll
      4.03K2
      Report
    • Selling For PremiumSelling For Premium
      ·07-09

      Option Strategies: NVDA, AMD, SQ, VST, PLTR& CLSK

      Hello everyone! Today i want to share some option strategies with you! Hope it can help you!1.Switched out our optionselling puts on $CleanSpark, Inc.(CLSK)$ for $Hut 8 Mining Corp(HUT)$ ... kept the July 19 expiration. Don't think CLSK will hit 12 unless Bitcoin has another big dump, but right now it looks like BTC might be finding a bottom ... yet, anything is possible. People be sleeping on HUT and missed the big move. Looks like 14.5 might be a new base on the daily chart after the big move.2.Doing our job to help out the $Palantir Technologies Inc.(PLTR)$ bulls. Small optionselling positions, but it contributes to the cause. Come on dealers/tutes ... come cha
      3.02KComment
      Report
      Option Strategies: NVDA, AMD, SQ, VST, PLTR& CLSK
    • RanzyRanzy
      ·07-10 18:34
      $TSM 20240712 182.5 CALL$  Should I close this call or roll over to next week any suggestion please with loosing $257 😟
      8372
      Report
    • EliteOptionsTraderEliteOptionsTrader
      ·07-10

      Option Strategies: NVDA, META, .SPX& TSLA

      Hello everyone! Today i want to share some trading strategies with you!1. $NVIDIA Corp(NVDA)$ breaking out above 130... 140 coming this month 🚀 $Meta Platforms, Inc.(META)$ reclaimed 532... this can run to 544 later this week. Calls can work above 532 $S&P 500(.SPX)$ watch 5600 next.. if it gets through we can see 5644 by Thursday2.Trade plan for Wednesday ✅ $S&P 500(.SPX)$ consolidation day today after moving up to 5590. SPX can make a bigger move after CPI on ThursdayI'd wait for 5500 for calls $NVIDIA Corp(NVDA)$ If it continues to base above 130 over the next 2 days
      405Comment
      Report
      Option Strategies: NVDA, META, .SPX& TSLA
    • EliteOptionsTraderEliteOptionsTrader
      ·07-08

      Trading Strategies: .SPX, TSLA, META& AMD

      Hello everyone! Today i want to share some trading analysis with you!1.High Probability $Tesla Motors(TSLA)$ Breakout Trade that Paid Multiple 1000% Runners 🚀Explanation below 👇TSLA had been consolidating since late January 2024, trading in a range above $167 for the past 3 months. Once TSLA moved back above $182 this helped set up for $200 again. TSLA moved to $200 on June 28th and started to break out on July 1st.I took the TSLA 205C at $4.20, and these moved to $47.32 by Friday. TSLA $200 was a key breakout level for 2024. Once TSLA reclaimed $200, this set it up for a move to $216-$224 this week. TSLA ended up running to $252.TSLA gapped up after delivery numbers on July 2nd. It opened at $218 and moved to $233 intraday. I took the TSLA 225C a
      327Comment
      Report
      Trading Strategies: .SPX, TSLA, META& AMD
    • EliteOptionsTraderEliteOptionsTrader
      ·07-09

      Trading Strategies: SMCI, NVDA, .SPX, AMD& TSLA

      Hello everyone! Today i want to share some trading strategies with you!1. $NVIDIA Corp(NVDA)$ trying to breakout above 130.. this can move back to 140 by next week if it holds above 130. Calls can work above 130 $S&P 500(.SPX)$ to 5600 next, looks bullish above 5568 for today $SUPER MICRO COMPUTER INC(SMCI)$ to 1000 if it can hold 900 over the next 3 days $Tesla Motors(TSLA)$ breaking out above 249... 261 coming next 🚀2.Trade plan for Tuesday ✅ $S&P 500(.SPX)$ consolidation day near 5568 today. SPX can start to break higher later this week to 5600+ Core CPI data coming o
      4.08KComment
      Report
      Trading Strategies: SMCI, NVDA, .SPX, AMD& TSLA
    • BaconiBaconi
      ·07-07

      Earnings of Delta Air Lines and Options Expiry Date July 12, 2024: What to Expect

      $Delta Air Lines(DAL)$ is set to release its second-quarter earnings on July 11, 2024. As one of the major players in the airline industry, Delta's earnings report will be closely watched by investors, especially given the backdrop of a post-pandemic recovery in travel demand. With the options expiry date set for July 12, this article provides an in-depth analysis of Delta's upcoming earnings, options data, and potential stock movements. Revenue and Earnings Projections Analysts are anticipating a strong earnings report from Delta, with consensus estimates predicting earnings per share (EPS) of $2.37 and quarterly revenue of $15.5 billion​ (Delta Air Lines)​​ (Benzinga)​. This would represent significant growth compared to last year's period, when
      297Comment
      Report
      Earnings of Delta Air Lines and Options Expiry Date July 12, 2024: What to Expect
    • BaconiBaconi
      ·07-07

      PepsiCo Earnings Preview: What to Expect Ahead of the July 11 Report and Options Expiry on July 12

      As $Pepsi(PEP)$ prepares to release its second-quarter earnings on July 11, 2024, investors and traders are keenly anticipating the results. With an options expiry date set for July 12, the data and projections surrounding PepsiCo's performance can provide significant insights into potential stock movements. This article delves into the expected earnings, market sentiment, and options data to offer a comprehensive analysis for stakeholders. Revenue and Earnings Projections Analysts forecast solid earnings for PepsiCo in the second quarter of 2024, with consensus estimates predicting earnings per share (EPS) of $2.16 and quarterly revenue of $22.69 billion. This would represent a notable improvement compared to the first quarter of 2024, where Pepsi
      491Comment
      Report
      PepsiCo Earnings Preview: What to Expect Ahead of the July 11 Report and Options Expiry on July 12
    • Selling For PremiumSelling For Premium
      ·07-08

      Option Strategies: NVDA, MU& AMD

      Hello everyone! Today i want to share some option strategies with you!1. $Advanced Micro Devices(AMD)$ broke out on Friday. Many chartists are signaling for a bullish move heading into earnings. Might be a play to sell puts and buy calls. Lots of consolidation and volume support in the 157.5-167.5 range. Our 👀 are on the following:▫️ Sell the 157.5 or 160 strike put, July expiration date▫️ Buy the Aug 16 exp 160 strike call2.Gonna take another optionselling trade on $Micron Technology(MU)$ this week. July 12 expiration Strangle. Targeting the 144 call strike as that was the pre-earnings top before the post-earnings dump. Targeting the 125 put strike as that had been a solid multi-touch support level (and als
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      Option Strategies: NVDA, MU& AMD
    • OptionsAuraOptionsAura
      ·07-05

      Bitcoin Decline is Coming Again? Lock in 34K Profit with Bear Spread Options

      In the past 24 hours, the cryptocurrency market has experienced significant fluctuations. Market data shows that $Bitcoin(BTC.USD.CC)$ has continued to fall from over $60,000, once dropping below the $57,000 mark, to as low as $56,750.Other cryptocurrencies are in a similar situation$Ethereum(ETH.USD.CC)$ once fell to nearly $3,000 and, after a slight rebound, is now rapidly declining again; Litecoin has continued to fall, with a drop exceeding 8%; Ethereum Classic has fallen by more than 7%.Market analysis suggests that the increase in the supply of cryptocurrencies and the latest actions of Binance have impacted the current cryptocurrency market trends. It is reported that Binance will cease
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      Bitcoin Decline is Coming Again? Lock in 34K Profit with Bear Spread Options
    • OptionsDeltaOptionsDelta
      ·07-02

      The Most Patriotic Episode on Wall Street

      Case closed friends, Wall Street's old guard is just too patriotic to let the markets fall around Independence Day.Looking back at the S&P 500's price action in July, I noticed every major selloff was clustered in mid or late June, perfectly avoiding the early July 4th period. Any declines in July were just routine pullbacks within broader uptrends - leaving patriotism as the only plausible explanation.This latest June bloodletting also solely targeted chip stocks, especially Nvidia. How can a trend of opening high and selling off not qualify as a pullback?Whether July sees further downside remains to be seen ahead of earnings season. If no pre-earnings pullback, we'll likely get the nausea-inducing post-earnings sell-off again, just like last quarter.Yesterday's SPY put buying reflect
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      The Most Patriotic Episode on Wall Street
    • OptionsDeltaOptionsDelta
      ·07-03

      Earnings Season Landmines - Option Buyers Gutted!

      While examples of trading losses from mistimed earnings bets abound, today I'll highlight a situation that was an absolute disaster for option buyers - one better avoided when possible.On the flip side, it was a windfall for option sellers who essentially stumbled upon free money.On July 3rd, $Meta Platforms, Inc.(META)$ pre-announced their earnings release date of July 31st after the close. Upon this news, all META options for the current July 26th weekly expiration, both calls and puts, crashed around 40%.How did the other expirations fare?On that day, META opened low but rallied, closing up 0.96%. The July 29th weekly at-the-money calls were up 15.87%, while puts were down 21.15%.The August 2nd 510 calls gained 7.75%, puts lost 10%.What was the
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      Earnings Season Landmines - Option Buyers Gutted!
    • OptionsDeltaOptionsDelta
      ·07-04

      Bears Massacred This Week, Options Add Fuel to the Fire

      On Wednesday July 3rd, $Tesla Motors(TSLA)$ erupted 7.36% higher in the middle of the session, with the stock ripping to $248 as the beloved short squeeze unfolded.The trigger was straightforward - the stock price blasted through $240, igniting a massive amount of short-term bearish positioning.To understand how this tinderbox was assembled, we need to rewind to Tuesday's kindling setup:After the furious rally, Tesla closed Tuesday at $231, with options showing the expected range for the week centering around $225-$230.While the short-term price seemed overextended, from an intermediate perspective institutions saw $220-$240 as fair value, making $230 just the midpoint. So if prices consolidated in this zone, it would align with most expectations.
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      Bears Massacred This Week, Options Add Fuel to the Fire