Trade of the Week Sam Shames

Sam’s Setup on LOW

For the Trade of the Week I am looking at LOW. I like the structure it’s holding on the daily and intraday, and underneath it is a weekly slingshot squeeze. For the idea, I am looking at 170/185/200 call fly the week before earnings to take advantage of the move in a way that offers some protection and remains outside the expected move for the center strike.

Trader Tammy Marshall TOW

Tammy’s Setup in SHOP

Inside of the larger swing, we have a closer pullback zone of risk in SHOP, which is also a royal setup.

Joe Rokop TOW

Joe’s Setup in GC, Gold

Given we are starting 2021 with extraordinarily rich valuations in equity markets, gold is a must-have asset in portfolios.

Raghee Horner Trade of the Week

Raghee’s Setup in XOM

With crude oil heading higher and XLE benefiting from strength later in the year, there could be some more upside in a window dressing/Santa rally and XOM is the relative outperformer in the XLE ETF. The idea is to scale into a long call position at one or each of the three entry levels, with the “aggro” being the smallest position size.

TG Watkins Trade of the Week

TG’s Setup in OSTK

My TOW will be OSTK because I wanted to find something that was setting up on a longer term basis, since we have holidays coming up. I like OSTK because it is at the Monthly 10 SMA, double bottom on the Daily, and is at the Hourly 50/200 SMA.

Henry Gambell Trade of the Week

Henry’s Talking TSLA

There’s been a big focus on TSLA this week but I think there’s more opportunity in it and will be looking at the UBFly for a high probability trade.

Joe Rokop TOW

Joe’s Setup in the ES

As stocks move forward into December, it behooves us to look back at the past. November’s seasonal optimism generally extends into December. Beginning in the 1940’s, the S&P 500 has logged an impressive average gain of 1.5%, making December the third most profitable month of the year — while also logging a month over month increase 73% of the time. Don’t mess with a bull market!

Bruce Marshall Trade of the Week

Bruce’s Setup on MSFT

I am using MSFT and am bullish for a rebound of large cap tech into the end of the year—I will use a regular Butterfly and target the 225 area for 31 DEC. As the market has been so crazy and we could easily pull back, I will manage with a tight stop and/or limit my size with 3 contracts, as discussed in the video.