Henry’s Setup in CRM 2/11/2020
Conditional Entries in CRM — CRM has earnings on the horizon, and if we see any weakness, I’d like to buy calls looking for shares to rally into the report.
Archives: TOW
Jack’s Setup on LULU 2/4/2020
I continue to love watching LULU climb. After testing the 34ema a week ago it continues to get bought up. Now that we have a micro-squeeze forming with green 10x bars on today’s move higher, I want to participate with selling a put credit spread into Valentine’s Day.
John’s Setup in SPY 1/28/2020
Is the market volatility just because of the corona virus? Well, that’s like asking if your spouse still loves you after you totaled the sports car. The point is, it doesn’t matter in the long run. For the SPY, I’m looking for a significant bounce from these levels, but I’m not looking for new highs. Instead, I’m looking for a market that is going to retest the recent lows and create some back and forth volatility through the month of February.
Sam’s Setup in CME 1/21/2020
I like the charts on every signficant timeframe from weekly, daily, to 130-minute. CME has earnings on Feb 12th and I would like to setup a trade that takes advantage of both the price structure as well as the potential earnings run. For the trade of the week, I look at buying the $210 out the money calls for the earnings series, or, buying the 205/210 call vertical for accounts that prefer less risk.
Bruce’s Butterfly on TGT 1/14/2020
I am setting up a Bullish Butterfly in TGT, looking for a bounce off of retails sales that will be reported on Thursday.
Carolyn’s Setup in AMZN 12/31/2019
Buy setup in AMZN — I have to wait for a 15-minute buy trigger before keeping this long overnight.
Raghee’s Setup in USB 12/24/2019
I am taking a directional trade in USB on this pullback into the Wave and 1st blue GRaB Candle. The idea is to take the ride higher to just above 61 (Darvas 2.0 resistance) and be out of the trade before earnings, which is why I am trading the Jan 31 expiration versus the Feb 21, which I would normally trade, since I prefer 45-50 days to expiration as to not tussle with the theta decay monster.
Henry is Buying the Breakout in ISRG 12/17/2019
ISRG has been on my watchlist for weeks now, ever since the last daily Squeeze offered such a great move. We’ve got a similar signal now and I’m looking to the January vertical for some bullish exposure.
Jack’s Setup on NFLX 12/10/2019
NFLX has had a lot of trouble breaking through some key fib levels to the upside. With a call credit spread I can define my risk and aim for the lower treeline, resting around $294 into our December monthly expirations.