Sunday, January 25, 2015

NFLX Filled 1/21/15



NFLX reported earnings on 1/20/15 after hours.  It gapped up over the inverted head and shoulders target price, and was up over 15% the following day.  An option order for Jun 15 185 Puts was triggered.  They were purchased the following day at the open for $0.96, and are currently in the red. Bearish patterns remain intact, and now has a gap to fill.

--------------------------------------------------------------------------------------------------------------------------
Original Post: NFLX Short 12/19/15
NFLX has a head and shoulders to 161.58, which is right at the High Value Area.
Small inverted head and shoulders to 371.54 has formed(<315.54 nulls) which will be used as an entry price for put options.

If price hits 371.53, buy Jun 15 185 Puts.  If price falls below 315.53 before hitting 371.54, this trade will be cancelled.

Trailstop and/or or set triggers to sell when price hits 165.25, which is just above the HVA  area.
--------------------------------------------------------------------------------------------------------------------------
As of 12/31/14  Bid:0.04 / Ask:0.47 / Last:0.48
As of 12/31/14  Bid:1.34 / Ask:1.64 / Last:2.71
As of 12/19/14  Bid:1.88 / Ask:2.25 / Last:2.71


Updated 1/23/15

Updated Constantly

Tuesday, January 6, 2015

S&P 500 1/6/15



S&P 500 has big moves possible to the downside.  MACD looks negative.  Has two double tops to 1853 and 1622.  Needs new highs to null.  Does have an inverted head and shoulders to 2196 if it can make new highs.





Friday, January 2, 2015

HYG Short 1/2/15



HYG is currently below its 200 day moving average.  It has head and shoulders patterns to $79.51 and $71.01.  A break above $96.31 will null both patterns.  It also has an inverted head an shoulders pattern to $94.06(a break below $86.12 nulls), which will be a test of the 200 day moving average, and will be used as an entry point for a short position and put options.

Use one or more of the following, depending on your risk tolerance.

-If price hits $93.97 sell to open, with a stop loss above $97.11 (-3.34%).  If $86.11 is hit before $93.97, this trade will be cancelled.

-If price hits $93.97 buy Jan 16 $80 Puts.
As of 2/2/15  Bid: 2.50 / Ask: 2.90 / Last 2.20

-If price hits $93.97 buy Jan 17 $70 Puts
As of 2/2/15  Bid:1.85 / Ask: 2.95 / Last 2.40

Scale-out, trailstop, or set orders to sell when price reaches $79.52, and $71.02

Updated 2/2/15


Constantly Updated

Saturday, December 20, 2014

NFLX Short 12/19/14

 test

NFLX has a head and shoulders to 161.58, which is right at the High Value Area.
Small inverted head and shoulders to 371.54 has formed(<315.54 nulls) which will be used as an entry price for put options.

If price hits 371.53, buy Jun 15 185 Puts.  If price falls below 315.53 before hitting 371.54, this trade will be cancelled.

Trailstop and/or or set triggers to sell when price hits 165.25, which is just above the HVA  area.

As of 12/31/14  Bid:1.34 / Ask:1.64 / Last:2.71
As of 12/19/14  Bid:1.88 / Ask:2.25 / Last:2.71


Updated 12/31/14

Updated Constantly