Get started

Optionsstrategies

ABT Abbott Laboratories Options Ahead of EarningsIf you haven`t sold the regional top on ABT: Nor reentered this fantastic dip: Then analyzing the options chain and the chart patterns of ABT Abbott Laboratories prior to the earnings report this week, I would consider purchasing the 115usd strike price at the money Calls with an expiration date of 2024-2-16, for a premium of approximately $2.26. The chart is overextended and the RSI overbought, but I think there is one more leg to go before a correction. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NYSE:ABTLong
by TopgOptions
1
USDJPY: stays below 148.00Dear readers, USD/JPY is experiencing downward pressure and has dropped to the 147.50 level during the European trading session on Tuesday. Following the Bank of Japan's decision to maintain their policy settings as expected, Governor Ueda stated that they will assess whether to keep negative interest rates when the current price target is achieved. As a result, the US Dollar is showing signs of depreciation, so I anticipate that USD/JPY will decline towards the support level at 146.00, where the EMA line is converging, before any new catalysts emerge.
by TradingForecast_Signals
Will EURUSD continue to fall deeply?Hello everyone, let's ponder over the movement of EURUSD this week: will it rise or fall? Here are some insights and analyses from Karina on this currency pair. Observing the chart, it appears that the long-term upward trend of EURUSD is showing signs of weakening, especially since it started declining from a peak near 1.111. The trend seems to be shifting to a sideways movement and might further decrease, particularly as the RSI indicator and candlestick patterns are showing divergence, indicating a diminishing buying strength. Moreover, the recent weakness of the US Dollar (USD) at the end of the week hasn't provided any significant momentum to EUR/USD, even adding more downward pressure on this currency pair. Based on these signs, Karina sets a target and expects that EURUSD might fall to the support level of 1.076. What are your thoughts on this trend?
Short
by Karina_Bella
2
XAUUSD TODAY : Trends and prospects"Hello everyone, what do you predict today's gold price will be - up or down? Let's explore XAUUSD today! Gold prices today are almost unchanged, fluctuating around 2022 USD. With resistance at 2035 USD and a position below the 34 and 89 EMAs, it is clear that the downtrend is still continuing, although there are signs of cooling down. Regarding news affecting gold prices, investors are waiting for important economic reports from the US this week, including the PMI report, fourth quarter GDP data and personal consumption expenditures. This information will provide new signs about the Fed's interest rate policy. According to CME FedWatch Tool, the possibility of the Fed cutting interest rates in March decreased from over 70% to 43.5%, weakening the chance of a strong increase in gold prices. Karina predicts that gold prices will likely continue to decline, but remain at a defensive level from 2005 to 2008 USD. Gold still has a chance to reverse if it holds above this support level. How about you? What do you expect for gold prices in the near future? Please share your opinion below in the comments for Karina to discuss!"
OANDA:XAUUSD
by Karina_Bella
BANK NIFTY INTRADAY LEVELS FOR 23/01/2023BUY ABOVE - 46220 SL - 46000 TARGETS - 46500,46760,47000 SELL BELOW - 46000 SL - 46220 TARGETS - 45800,45580,45440 NO TRADE ZONE - 46000 to 46220 Previous Day High - 46220 Previous Day Low - 45580 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
NIFTY INTRADAY LEVELS FOR 23/01/2024BUY ABOVE - 21670 SL - 21620 TARGETS - 21720,21840,21920 SELL BELOW - 21580 SL - 21630 TARGETS - 21530,21480,21420 NO TRADE ZONE - 21580 to 21670 Previous Day High - 21720 Previous Day Low - 21530 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
Opening (IRA): QQQ March 15th 380 Monied Covered Call... for a 371.81 debit. Comments: Buying stock and selling the -75 call against to emulate a 25 delta put that is defense-ready via roll of the short call. This is temporarily in lieu of what I ordinarily do in broad market, which is to target the <16 delta strike paying around 1% of the strike in credit and slightly more aggressive delta-wise. This only makes sense in a cash secured environment; on margin, you should probably do something else that is more buying power efficient (e.g., short put/take assignment/cover, Jade Lizard, short strangle, yada yada). 8.19 max profit on BPE of 371.81; 2.20% ROC at max; 1.10% at 50% max. Generally, I'll take profit at 50% max and/or roll out the short call on test to reduce cost basis further and improve my downside break even.
NASDAQ:QQQLong
by NaughtyPines
5
USDJPY developments today"USDJPY This Week: Continuation of Uptrend or a Correction in Sight?" Faced with the challenging question of USDJPY's direction this week, we observe that the currency pair is maintaining a remarkable upward streak, reaching 147.89 in the early trading hours of the week. In the short term, technical indicators continue to support the upward trajectory of USDJPY. The pair is attempting a recovery after finding significant support around 148.00. This upward momentum could be further bolstered as the US Dollar Index (DXY) gains traction from bets favoring a potential interest rate cut by the Federal Reserve in March.
by Karina_Bella
"BTCUSDT: What's Next in This Volatile Trading Week?" As the first trading day of the week unfolds, BTCUSDT continues its downward trend, currently standing at 41.178 USD, marking a near 1.08% drop for the day. Technical analysis indicates that BTC has failed to break through the crucial resistance level at 43.600 USD. Moreover, the convergence of the EMA and the resistance zone at 42.000 USD further suggests a likelihood of a continued decline. If BTCUSDT breaks below the strong support level at 40.200 USD, we might witness a significant fall to the first anticipated profit-taking point for sellers around 37.700 USD, given the absence of any solid support to reverse the trend previously. What are your thoughts, how will BTCUSDT move in the coming period?
by Karina_Bella
2
"GBPUSD: Up or Down?Hello everyone, I'm excited to continue our discussion about GBPUSD today. As the trading session opened on Monday, GBPUSD continues its upward trend on the 4-hour chart, currently priced at 1.271. The British Pound's rise against the US Dollar could be attributed to the current market sentiment favoring risk, which has been driving its increase in recent days. However, there are still potential risks for further declines in GBPUSD, as it remains constrained within a long-term downtrend and the Trendline has not yet been broken. What do you think, will GBPUSD continue to decline? Share your thoughts with Karina!
by Karina_Bella
GBPUSD : Regain psychological level 1.270Dear friends, GBPUSD continues to achieve some recovery drivers when he has regained 1,270, but the main trend and long -term trends are still horizontal moving. The price is approaching 1,072 and GBPUSD are approaching the limit of the Bollinger Band. It is expected that a decrease of adjustment will occur when the money pair reaches the threshold, the goal is the support levels of 1,265 and 1,260. And you, you think how will GBPSUD move on the weekend trading day!
by Karina_Bella
EURUSD : wrapped up in congestion near 1.090 Hello dear friends, are you wondering about the trend of EURUSD? Today EURUSD is trading around 1,088 and still continues the short -term gaining momentum on the 1H chart. However, when looking at the general trend, this pair of money is still sideway at a limited price below the resistance level of 1,090 and the support level of 1,084. The USD (DXY) index remains the same trend of price increase and is further supported by comments from R. Bostic (Atlanta) thereby continuing to put pressure on the EURUSD pair. Karina still appreciates the Sell strategy today with the trading idea as being displayed on the analysis chart
by Karina_Bella
Change gold positively on the weekend!Hi, dear friends, nice to meet you in the game to transfer gold price today! On the fourth day, Gold carried out a strong weakness, the price reached the psychological level of $ 2000 but made the adjustment again and lasted to this day. The precious metal is currently trading around US $ 2022 and is close to Fibonacci's 0.5 - 0.618 regression, so the prospect of this precious metal is still high. However, if it can overcome that regression level and overcome the temporary resistance level at 2033 USD it can open for gold more and more strongly recovering opportunities with the contribution from stress. Political escalation will push high risks globally. The economies will continue to suffer from inflation pressure due to goods deficiency. This will make the global economy difficult to recover as expected, so they will boost gold to make profits and prevent risks for capital flows. The forecast of gold price has increased sharply, when stress has not ended. In your opinion, how will gold move in the near future?
OANDA:XAUUSD
by Karina_Bella
1
BANK NIFTY INTRADAY LEVELS FOR 20/01/2024BUY ABOVE - 45800 SL - 46660 TARGETS - 46000,46220,46500 SELL BELOW - 45580 SL - 45650 TARGETS - 45440,45260,45090 NO TRADE ZONE - 45580 to 45800 Previous Day High - 46220 Previous Day Low - 45580 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
NIFTY INTRADAY LEVELS FOR 20/01/2024BUY ABOVE - 21670 SL - 21620 TARGETS - 21730,21840,21920 SELL BELOW - 21580 SL - 21630 TARGETS - 21530,21480,21420 NO TRADE ZONE - 21580 to 21670 Previous Day High - 21610 Previous Day Low - 21580 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
Opening (IRA): SPY February 16th 449 Monied Covered Call... for a 442.57 debit. Comments: Buying stock and selling the -75 call against to emulate the delta of a 25 delta short put with the ability to defend the position immediately on test of the short call or the break even. Metrics: Buying Power Effect/Break Even/Cost Basis: 442.57 Max Profit: 6.43 ($643) ROC at Max: 1.45% ROC at 50% Max: .73% Will generally look to take profit at 50% max/roll the short call down on short call or break even test. Will look to ladder out in longer duration at intervals.
AMEX:SPYLong
by NaughtyPines
BANK NIFTY INTRADAY LEVELS FOR 19/01/2024BUY ABOVE - 45800 SL - 46660 TARGETS - 46000,46180,46340 SELL BELOW - 45490 SL - 45660 TARGETS - 45260,45090,44950 NO TRADE ZONE - 45490 to 45800 Previous Day High - 46180 Previous Day Low - 45490 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
NIFTY INTRADAY LEVELS FOR 19/01/2024BUY ABOVE - 21540 SL - 21480 TARGETS - 21610,21680,21730 SELL BELOW - 21420 SL - 21480 TARGETS - 21300,21210,21130 NO TRADE ZONE - 21420 to 21540 Previous Day High - 21540 Previous Day Low - 21300 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
5
EURUSD: Up but uncertainKarina Hello everyone, Yesterday EURUSD received some upward momentum and was in a correction wave as this pair has experienced a period of weakness since the start of the new week. Accordingly, the ECB's hawkish views have pushed back expectations of an early interest rate cut, further supporting the currency pair. However, the 4-hour chart is now trending further downward in the very near term as EURUSD approaches the 0.618 - 0.5 fibonacci retracement level. A break of 1.0844 would not see notable support until 1.0773 is reached. Karina still expects this pair to continue to decline, what about you, how do you think EURUSD will move?
by Karina_Bella
1
XAUUSD : Prices continue to weakenHello dear friends! Gold prices today continued to fall sharply with gold down 25 USD to 2,001SD/ounce but soon regained the level of 2010 USD at the time of writing. Accordingly, gold prices continued to plummet to a more than 1-month low in mid-week trading session as strong economic data strengthened the USD and Treasury bond yields and reduced market expectations about the US interest rate cut in March. Gold's close below $2,015/ounce signals that the sideways range has been broken and the precious metal is entering bearish territory, with it still expected to reach $2,000 again and possibly lower to $1,990.
OANDA:XAUUSD
by Karina_Bella
GBPUSD : Outlook and trendsHello everyone, nice to meet you again in today's chat about GBPUSD! Now GBP/USD attracted some buying for the second day in a row early Thursday and looks to build on the previous day's decent recovery from below 1.2600 or above a one-day low. month. Prices are currently trading just below the 1.2680 mark and remain well supported by the 1.260 support level and reduced bets on an early interest rate cut by the Bank of England (BoE). Karina is expecting this pair to return to the peak of 1,278 and then 1,281, what about you?
by Karina_Bella
7