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Puts

D short put 70, 42 DTESold D 70 strike, 4.2% from underlying for 11.55% AROI 42 DTE. Dividend at the strike is 3.6% I'm not in weekly demand here to initiate the trade, which would be proximal at 70. But It has found some support at the -1 sigma range level and going sideways. And since this is a Theta decay, there's no telling how long it can stay sideways and expire a put. I've passed on many opportunities to grab 9 to 12% and thought price could move lower, but it just went sideways for 2 months, and left good premium on the table. Not great, but not terrible either. I'm thinking it gets stuck sideways at the 72.75 support level. The hourly has pushed up and found top of the local range at 75. So maybe it goes sideways for a couple weeks without going down to test 70, which I fully think it will. I doubt it can stay much below 70 for a long duration over about 2 days because the dividend would be over 2x what the US10Y yield is at that point. And I don't think the US10Y gets over 1.7 without the Fed coming in to smash it back down artificially.
NYSE:D
by claypuzzle
1
OHI Short Put Nov 19Sold OHI short put 42 DTE, Nov 19, 28 strike 5.72% from underlying price, 15.52% AROI Assignment yield at strike is 9.57%, so I'd be happy with that. Price is reacting to a zone where buyers have rallied from before. So I'm just at the Nov 2020 lows on strike. I think about if I would've just bought OHI last Halloween and held it for 10% cash payout. I'd be right back to par today on capital value, but 10% more cash. UGH, I regret not being more aggressive last year. If OHI doesn't stick the landing below 28, then I'm happy with 15% AROI also and an extra 5% Already have a bag of OHI in the Rollover IRA, but this is a taxable trade. I like the high dividend yield, but with the whole Evergrande bullshit and Debt ceiling FUD, I am reluctant to take outright long positions, as is probably every fund manager in the world. Overall, I think it's an asymmetric trade to the upside where I'm being paid 5% extra AROI to bid.
NYSE:OHILong
by claypuzzle
14
MARKET ALPHA - SPY UPDATEAMEX:SPY For those that are following this chart... You would have been well aware of the weakness the market was showing overall. After a bounce higher, we were never recovering on our Laguerre RSI. The explosive move to the downside today was flagged by the weakness in that indicator. I would totally have posted yesterday but It was my girlfriends birthday so I was getting everything ready for that. Stay safe out there in there in this market. It could be the beginning of the market finally rolling over.
AMEX:SPYShort
by jakelikesstocks
$UPS trade the box breakout Darvas MethodPossible good short idea with a break below the box $189/188 zone. I like the R/R on the short side with a volume pocket indicating a possible free fall to $180 .... Juicy Bulls have been defending this spot however and could also move back up towards top of the box. Watch for a break to the upside to go long. Short side invalidated if box holds. Essentially Nicolas Darvas method (box break out trading) Great book if you haven't read it. Alerts set :)
NYSE:UPSShort
by FriscoTrades
Analyzing My Part Time Employer - UBERNYSE:UBER Is a great way to make money part time, especially if you can do it to invest that money in to the market. Why do I do Uber? That's simple... I do not trade with money I cannot afford to lose. I love investing but I also love paying my debts. Unlike China... ok that was pretty weak. Anyway... This demonstrates buying the wrong break out and what can happen if you are caught in that zone. The strength looks good with a massive upside especially in an economy where work culture is beginning to shift dramatically and the gig economy is becoming more of a household choice rather than a regular side job. I am long on $UBER as long as regulations stay in favor of the gig economy, but is imperative that we break above our upper wedge resistance for a more sustained breakout move.
NYSE:UBERLong
by jakelikesstocks
2
UPST: Pullback in progress (ON AN UPTREND)UPST: pullback in progress ~Ever since it opened in feb at 44 bucks, it has been growing fast and is at 270 rn ~The uptrend we are in now is in the midst of a pullback and is a good replica of the one on Aug 18-20 ^^Support zone 1 at 260-263: should bounce here to around 276 resistance before going back down to a PT: 255 ~I would play puts in parts Part 1 with a PT: 262.50 Part 2 entry at the bounce to 276 with a PT of 255 ~After we confirm a bounce off 255 support, swing long 3 weeks out
NASDAQ:UPST
by CheckMatted
1
Potential Head and Shoulders Put Options PlayI originally entered this at the 88.6% Retrace with the thought that it could be a bullish bat with divergence and while it did pump 32 percent from the PCZ it did not come close to my normal Bat target yet. But while holding my position on this stock i noticed that the price action actually looked a little like a Head and Shoulders so i decided to take profit and buy some puts. So the next step for us after entering these puts would be to wait and see if the macd crosses bearish again and invalidates our bullish divergence then we may see lower lows to fib extensions like the 1.618. I would not recommend shorting this stock as that is dangerous but instead buying some puts that are a couple months from expiration would be the safer route.
NASDAQ:DADAShort
by RizeSenpai