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Rolled VLO Oct 49.5C (even) #msg-106448309
Still holding:
F shares 16.58 #msg-106378145
NOV Oct 82.5C 1.75 106338566
POST Oct 35C 2.70 #msg-105792199
VLO Oct 49.5C 1.03 #msg-106448309
Was busy handling a real estate issue so I only did a quick scan tonight n4te0ne. Nothing looks like a trade opp tomorrow, but I have added some Steel, Nonferrous Metals, and Platinum & Precious Metals companies to my watch list (esp. I like how GOLD is beginning to form)-- Materials Sector has to eventually gain back a little IMHO...
... I did not initiate a trade today, but AMZN is still valid for me until/unless it breaks H-Sup/Bottom trendline. I'll have to scan the options levels in the morning.
(there are a few other trades I believe I'll have to roll so I may be busy with those in the morning too)
Interesting-- appreciate the different look. It will take me a while to digest though...
(FTR, I did plot a Raff regression channel on the chart [lt blue])
AMZN [NASD] Amazon.com Inc
Services | Catalog & Mail Order Houses | USA
Looking at Sep 26(W) 337.5C (more risky) or Oct 3(W) 335C w/ initial tgt @ 340.
Morning n4te0ne & ty The only other one that I'm looking for a trade on Monday is AMZN in a Symmetrical Triangle.
Sep 26(W) 337.5C if I'm real brave or Oct 3(W) 335C w/ initial tgt @ 340.
VLO [NYSE] Valero Energy Corporation
Basic Materials | Oil & Gas Refining & Marketing | USA
Based off charger Bottom Buster scan.
In Oct 3(W) 48C @ 1.03 w/ initial tgt $50.15
VLO [NYSE] Valero Energy Corporation
Basic Materials | Oil & Gas Refining & Marketing | USA
Based off charger Bottom Buster scan.
In Oct 3(W) 48C @ 1.03 w/ initial tgt $50.15
Sold LVS Oct 10(W) 62C +42.13% in 9 daze #msg-106085661
Still holding:
F shares 16.58 #msg-106378145
NOV Oct 82.5C 1.75 106338566
POST Oct 35C 2.70 #msg-105792199
Sold MON Sep 20(W) 113C +57.81% in 1 daze #msg-106353630
Still holding:
F shares 16.58 #msg-106378145
LVS Oct 10(W) 62C 1.97 #msg-106085661
NOV Oct 82.5C 1.75 106338566
POST Oct 35C 2.70 #msg-105792199
I like this one NewbieViewbie, but not as a Pincher. Looks prime off charger Bottom Buster scan.
I'm looking for it to hold a Bull Flag pattern-- in shares @ 16.58 w/ initial tgt 17.20 ( #msg-106378145 )
F [NYSE]
Ford Motor Co
Consumer Goods | Auto Manufacturers - Major | USA
Based off charger Bottom Buster scan. Looking to hold a Bull Flag pattern-- in shares @ 16.58 w/ initial tgt 17.20
F [NYSE]
Ford Motor Co
Consumer Goods | Auto Manufacturers - Major | USA
Based off charger Bottom Buster scan. Looking to hold a Bull Flag pattern-- in shares @ 16.58 w/ initial tgt 17.20
MON [NYSE] Monsanto Company
Basic Materials | Agricultural Chemicals | USA
Trying to flip Sep 113C off an unconfirmed Adam-Eve Double Bottom
Rolled LVS Oct 10(W) 62C (0.11 credit) #msg-106085661
Still holding:
POST Oct 35C 2.70 #msg-105792199
LVS Oct 10(W) 62C 1.97 #msg-106085661
NOV [NYSE] National Oilwell Varco Inc
Basic Materials | Oil & Gas Equipment & Services | USA
Based off charger Bottom Buster scan.
I like Oct 80C @ 3.30 w/ initial tgt $86
NOV [NYSE] National Oilwell Varco Inc
Basic Materials | Oil & Gas Equipment & Services | USA
Based off charger Bottom Buster scan.
I like Oct 80C @ 3.30 w/ initial tgt $86
Yesterday was a buy signal on the daily, but not textbook given the distance from the bottom (too far) and to the mid-bb (too close)-- DRIO was/is a higher risk Pincher trade.
Textbook Frontload and Dump on the 60 minute chart beginning Friday mid-morning (signals= ChiOsc (money flow), CMF (MOMO pushers), and MFI ("smart" money)).
I don't mind you posting criteria met Pincher plays, but when you use the term "textbook" without actually quantifying the "text," what are you actually trying to tell us?
Sold HFC Sep 12(W) 49.5Ps -44.44% in 18 daze #msg-105550968
Still holding:
POST Oct 35C 2.70 #msg-105792199
LVS Oct 24(W) 63C 2.08 #msg-106085661
LVS [NYSE] Las Vegas Sands Corp
Services | Resorts & Casinos | USA
Based off charger Bottom Buster scan.
Assuming a close above $63, in Oct 24(W) 63C w/ initial tgt 66
LVS [NYSE] Las Vegas Sands Corp
Services | Resorts & Casinos | USA
Based off charger Bottom Buster scan.
Assuming a close above $63, in Oct 24(W) 63C w/ initial tgt 66
Nicely timed trade LAO-- congrats
(I sold out Friday a little above my estimated intrinsic target)
Rolled Out(Down) HFC Sep 12(W) 49.5Ps (even) #msg-105550968
Still holding:
POST Oct 35C 2.70 #msg-105792199
Good afternoon Willy Perhaps...
"... I've never duplicated that success at any track since having not put a proper effort into learning how to at least increase my odds. ..."
... you're overlooking the obvious. Perhaps the key to success-- aside from learning how -- is surrounding yourself with friends
Happy Friday-- please have a wonderful holiday!
POST [NYSE] Post Holdings Inc
Consumer Goods | Food - Major Diversified | USA
Significant short position (> 15%) w/ smaller float (< 50 million)
Looking for a close above 8EMA. In Oct 35C w/ initial tgt @ 38.30
POST [NYSE] Post Holdings Inc
Consumer Goods | Food - Major Diversified | USA
Significant short position (> 15%) w/ smaller float (< 50 million)
Looking for a close above 8EMA. In Oct 35C w/ initial tgt @ 38.30
Sold FEYE Sep 28C +72.97% in 4 daze #msg-105625468
Still holding:
HFC Sep 5(W) 50P (OCC repriced option) 1.35 #msg-105550968
Excellent LAO, very nicely done (I did mention it the beginning of June but got sidetracked and never pulled the trigger) ...
... on the other hand, FEYE looks poised to do well for the both of us
After Hours Trading: $30.15 (+0.7/+2.38% 7:59 PM)
After Hours Volume: 365,924
After Hours High: $ 30.25 (4:43:03 PM)
After Hours Low: $ 29.402 (4:23:23 PM)
FireEye (FEYE) Premium Warranted, Says Analyst; Stifel Nicolaus Starts at Buy
I like this one LAO-- I am in Sep 20 28C @ 1.85 and have a sell in @ $3 which is the estimated intrinsic based on a $31 share tgt.
Thank you LAO I traded shares on this instead of options, which changed my target to $85 but also made me set a stop once it broke $81 (I don't set stops on options). I ended up w/ a little over a 7% gain in just 5 daze after being stopped out @ 82.89 . I'll take that once a week w/ no complaints.
I really, really like your scan but what ultimately "trips my trigger" in conjunction with your setup is the inverted MACD pairing flipping green (an indicator that I borrowed from someone's visit to the Pincher board a while back )...
... I annotate the last "pop(s)" based on when the flip occurred. It gives me an idea of how the primary/supplemental signals behaved as well as provides me a notion for what kind of bounce to expect.
Good news the chart looks to be moving in the right direction. Bad news is it doesn't seem to be aided by a $0.50 dividend (which I was unaware of)...
... yet OCC repriced options accordingly
Sold SM shares +7.13% in 5 daze #msg-105470316
Still holding:
HFC Sep 5(W) 50.50P 1.35 #msg-105550968
FEYE [NASD] FireEye Inc
Technology | Application Software | USA
Based off charger Bottom Buster scan.
Bid in for Sep 28C w/ initial tgt @ 31
FEYE [NASD] FireEye Inc
Technology | Application Software | USA
Based off charger Bottom Buster scan.
Bid in for Sep 28C w/ initial tgt @ 31
I believe you are on track here too although I use PPO 15,5,7 and ADX 7. The last 2 inverse opps (Apr 14, Nov 13) looks to have yielded 4.5 $ 2 point drops respectively (enough room to trade short-term Puts IMHO)
I believe you are right Wildbilly. Sprint is not a confirmed Pincher yet because all 3 standard indicators have not behaved properly.
1. RSI 14 is still below 30
2. PPO 12 line is still below the 26 line
3. ADX 14 is still increasing and not decreasing
If those 3 things change to allow for a trade opportunity, then I use the mid-bb pivot to: a.) decide upon entry (i.e. if the candle top's number (price) is 3% or more away from mid-bb point (price)); or b.) establish 1st tgt/profit area given the propensity for Pinchers to have trouble with the mid-bb area.
Other Technical Indicators/Guides I like to use to supplement the Pincher TA:
1. Candle breaks above the short-term MAs (you have 5 and 9)
2. MACD 3,7,0 (or 3,7,3 histrogram) crosses the signal line
3. VTX 8 (I plot behind MACD 3,7,0 pairing) green/red crossover
Happy Friday
HFC [NYSE] HollyFrontier Corporation
Basic Materials | Oil & Gas Refining & Marketing | USA
Inverse Pincher (assuming a retrace off of a run-up).
Uses:
Trending: Inverse PPO (15,5,7) and ADX (7) for the Pincher; MACD (Inverted Pairing: 5,10,5/10,5,5) for Red/Green Crossover
Momentum: Full STO (14,3) for flip & drop thru Power Zone; TRIX for 3,3/7,3 Cross-under and thru signal line; Aroon (8) for Red/Green Crossover
Money/Volume: CMF 3/14 Cross-under and thru signal line; ChiOsc (Inverted Pairing: 3,10/10,3) for Red/Green Crossover (Money Flow Out)
Pending futures/open and MACD red/green crossover session. Initial tgt 48.80 (looking at Aug 29(W) 51P or Sep 5(W) 50.50P).
HFC [NYSE] HollyFrontier Corporation
Basic Materials | Oil & Gas Refining & Marketing | USA
Inverse Pincher (assuming a retrace off of a run-up).
Uses:
Trending: Inverse PPO (15,5,7) and ADX (7) for the Pincher; MACD (Inverted Pairing: 5,10,5/10,5,5) for Red/Green Crossover
Momentum: Full STO (14,3) for flip & drop thru Power Zone; TRIX for 3,3/7,3 Cross-under and thru signal line; Aroon (8) for Red/Green Crossover
Money/Volume: CMF 3/14 Cross-under and thru signal line; ChiOsc (Inverted Pairing: 3,10/10,3) for Red/Green Crossover (Money Flow Out)
Pending futures/open and MACD red/green crossover session. Initial tgt 48.80 (looking at Aug 29(W) 51P or Sep 5(W) 50.50P).
You're welcome I love this board-- Pinchers are IMHO the easiest charts to spot and a great setup for a beginner/novice chartist.
A few Inverse Pinchers on my radar that could produce Put Options buying opportunities in the next few sessions: HFC (probably a session away), MHK (could confirm today), WWAV (could confirm today)
What do you think?