Trading Setups: Z, LYFT, W
Here trading setups on Z, LYFT and W.
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Trade Recap: COF Trade Based on Options Flow
I often talk about following the smart money into trades by monitoring options flow. Here’s another example of a trade I took based on the flow. Trade Entry On Monday 11/27, the smart money bought over $800k of COF (Capital One) 107 strike call options expiring on 12/15, with the stock trading just above 106. […]
Trade Recap: COP calls based on Options Flow
I’ve written a lot about following the Smart Money by watching the volume on price action and the options flow. The options flow can often let you see what the smart money traders are positioning for. Here’s an example from a trade I recently made based on what I saw in the options flow: On […]
Can Retail Traders use Macro and Fundamental Analysis to Trade?
Many retail traders are super smart and capable when it comes to analyzing macro events that could effect markets as well as company specific data that could potentially move that company’s stock. They can formulate a hypothesis that seems just as sound as that of any top Wall Street analyst. That makes sense, given that […]
Economic Conditions Outweigh Geopolitical Concerns in Oil Prices
When the war between Israel and Hamas began, crude oil prices spiked due to concern that the conflict would spread to effect Iranian oil production and cause supply disruptions in the region. At the time WTI (Western Texas Intermediate) was trading in the low 80’s and then spiked to just below 90 on 10/20. From […]
Crude is Pulling Back. Is this a Buying Opportunity?
I recently wrote about the sell off in energy related equities, 2 days before the vicious Hamas terror attack against Israel on October 7. The attack, and subsequent Israeli air strikes, caused WTI (Western Texas Intermediate) crude to rise to a short term high of 90 on October 19. Even though Israel is not a […]
10-16-23-Mon
I had Maayan’s bat mitzvah in school today so I didn’t start until after 10am. Then i got into a couple of SPY trades which all didn’t work out. I want to start trading an 8/89 crossover strategy on the 3min — which seems to keep you out of choppy trades (as opposed to the […]
10-06-23 Fri
Job numbers came in way higher than expected, which drove futures down. Market has since turned green. I got into TSLA puts on a break of support. I should have gotten out immediately but I held through several resistance levels and ended up getting stopped out for a big loss. I had 3 contracts. I […]
Energy Stocks are Selling Off Hard. Should You Buy or Sell?
Energy names, which are tracked by ETFs XLE, XOP and OIH and include popular names like CVX, XOM, PSX, COP, SLB, EOG (to name just a few), have sold off hard along with Crude Oil (WTI) this past week (9/28 – 10/5). Crude futures hit a high of 93.69 on 9/28 before selling off on […]
Quick Scalp Following Large Options Flow in CVNA
An important tool in my trading toolkit is the options flow, which I use to attempt to identify smart money trades that I might want to follow. The ones I noticed this morning (Sept. 19, 2023) were 2 back to back sweeps of weekly 44 strike puts in CVNA. The trader paid around $123k for […]