Henry is Trading Earnings in LULU 9/8/2020
Earnings in LULU — The best trade today is likely to stay in cash, but if you’ve got to have something to do, consider selling some premium around LULU earnings.
Archives: TOW
list of TOWs
Joe’s Setup in the Dow 9/1/2020
DOW to 30 Thousand!!! With the SP500 and the NASDAQ recently making new all-time-highs, it is logical for the Dow Jones Industrial Average to follow suit. With a current ATH near 29,500, I am looking for that level to be tested and for the market to ultimately get jammed up to the psychological level of 30K.
Bruce’s Setup on GS 8/25/2020
I think we may start to see some sector rotation out of some of the big tech and extended names and into financials. I want to give it some time, so I will to go 18 SEP and use a Bullish regular Butterfly for a good risk / reward.
John’s Setup in MA 8/11/2020
Amidst the current volatility and rotation we are seeing in this market, I’m looking for an oasis of calm both in chart structure and option strategy. I’m taking a look at MA on multiple time frames as well as setting up a call debit spread design to offer an attractive risk to reward ratio without a lot of volatility.
Raghee’s Setup in MSFT 8/4/2020
MSFT 210 Calls. Slim pickings after the strength on Monday, as opposed to the nice pullbacks of late last week, but this is some good bearish momentum setting up the 18SEP or 21AUG 210 calls as prices close in on the 209.80 Point of Control level in a “double green” uptrend.
Sam’s Setup on ROKU 7/28/2020
In this Trade of the Week, I look to play ROKU into earnings next week, as it has both a quality consolidation setup, good trend, and a catalyst next week. I will look to play this via the 150/155 call debit spread expiring next Friday.
Jack’s Setup on AMD 7/21/2020
For my Trade of the Week I am buying calls in AMD for a run into earnings. AMD has some high compression squeezes on the 2-day and 3-day, and the volume has been above average. I am targeting $61. If we break that level those high-compressions could fire, which would bring us into new all-time highs.
Henry is Fading JPM for Expiration 7/14/2020
JPM has reported earnings, and I like the idea of setting up an Unbalanced Butterfly. This trade carries a 1:1 risk reward ratio and has a 77% chance of making at least one dollar. I also like the idea of having no downside risk and trying to maximize monthly expiration.
Joe’s Setup in Nasdaq Futures 7/7/2020
I am looking to take the NASDAQ Futures up to 11000, and I’m keeping a close eye on the FANG stocks, to use them as a leading or a lagging indicator.