Hello traders, crazy whippy market environment, you think !?
Here is a video of new trade recommendations and comments on open positions:
HERE ARE OPEN AND RECOMMENDED
6/29: BMY – Consider shorting Jul (7/20) $53/49 bull put credit spread for around closing mid-point of $.43/share (21 DTE). Breakout from multi-month consolidation daily. Stop $52.98.
6/28: CI – Shorted Jul (7/20) $177.5/182.5 bear call credit spread for $.55/share. Bear Pro Gap down under Major Support daily, Topping Tails monthly. Stop $176.02.
6/29: DBX – Consider shorting Jul (7/20) $30/25 bull put credit spread for around closing mid-point of $.60/share (21 DTE). Bullish Engulfing Bar on Major Support daily, Bottoming Tail weekly. Stop $29.88.
6/22: DVN – Shorted Jul (7/20) $40/36 bull put credit spread for $.40/share. 6/27: Move Stop $41.58.
6/27: EIGI – Bought stock $9.61. Master Trader Buy Setup and Bottoming Tails at r20-MA daily, Breakout monthly with price void so big potential target. Stop $9.18.
6/27: HUYA – Shorted Jul (7/20) $25/22.5 Bull Put Credit Spread for $.45/share. Stop $29.49.
6/28: IYT – Shorted Jul (7/20) $176/168 Bull Put Credit Spread for $.67/share. Climactic Buy Setup and Bottoming Tail on Major Support. 6/28: Move Stop 181.78.
6/27: LB – Shorted Jul (7/20) $35/32 Bull Put Credit Spread for $.35/share. Bullish consolidation above r20-MA. Stop $35.38.
6/26: LH – Shorted Jul (7/20) $190/195 bear call credit spread for $.80/share. 6/27: With gap down, cover half at $.40/share for 50% Max Gain in 1 day, move stop breakeven and trail over prior day’s high. 6/28: With gap down, bid $.20/share to close.
6/26: LVS – Shorted Jul (7/20) $81/85 bear call credit spread for $.49/share. 6/28: Move Stop $77.92 and bid $.15/share to close.
6/27: NVCR – Shorted Jul (7/20) $30/27.5 Bull Put Credit Spread for $.45/share. Bullish +WRB deep into resistance from multi-week consolidation and failed breakdowns daily, bullish weekly and monthly. Stop $29.98.
6/5: RCL – Shorted Jul (7/20) $110/115 bear call credit spread for $.62/share. 6/14: Shorted Jul (7/20) $105/95 bull put credit spread for $.85/share to leg into Iron Condor and increase total credit received, we will monitor stops.
6/29: PM – Consider buying stock over $81.80. Breakout from multi-week consolidation at converging 20/50-MA daily for swing trade. Stop $79.18.
6/15: SBAC – Shorted Jun (7/20) $165/170 bear call credit spread for $.60/share. 6/22: Stopped out of put spread at $1.10/share, then shorted Jul (7/20) $155/150 bull put credit spread for $.70/share, with a stop of $155.58.
6/8: STX – Short Jul (7/20) $60/65 bear call credit spread for $.65/share. 6/11: Shorted Jul (7/20) $52.5/45 bull put credit spread for $.65/share to convert to iron condor and raise potential max gain. 6/27: Profitable now, so move stop breakeven.
6/27: TGA – Bought stock $2.57. +WRB Breakout from consolidation above r20-MA daily, bullish weekly and monthly in strong sector with price void so big potential target. 6/28: Move Stop $2.59.
6/29: UA – Consider buying stock over $21.86. Bullish breakout from consolidation daily, bullish weekly. Stop $20.20.
6/29: YEXT – Consider buying stock over $19.12. Bull flag consolidation and Bottoming Tail from consolidation daily, bullish weekly. Stop $17.88.
6/25: WMT – Bought stock and shorted Apr (7/20) $87 calls for $84.10/share. 6/27: Move Stop $85.54.
