Buying Swing: We are now positioning for next week with str
Posted: Fri Mar 14, 2014 1:51 pm
Buying Swing: We are now positioning for next week with strategies on and .
next week AAPL strategy.
Its unclear weather we continue sideways or if there is a fall back as low as 512 support. but since we have seen a lot of accumulation by Apple , and with new products rumors sure to get stronger wish to focus only on the possibility of a bounce even though technically there is no sign of it. Bottom line is she is cheap, apple is continuing to buy back shares, and rumors can spike us at any point, plus we are back nicely after the recent upgrade .
next week
calls 545 540 535 cB .40 area
next week strategy.
TSLA has today reached strong trend line support. if you draw a trend line from november of last year trough some wicks holding all bodies, you see we hit it exactly today. This makes a strong bounce very possible and it also means that if we lose the trend line a stronger fall could issue . We know there is the very important resistance at 247 for the bullish side and strong support down at 218. So we are placing a total of 4 plays, 2 bullish 2 bearish meaning that if we go sideways next week we stand to lose 4x oversized. The 215 debit is there just for incase we have larger than usual fall if the trend line gave way, very important to protect longer term positions from such a senerio.
next week bullish
240 245 250 cB .40 area
240 245 cDS 1.20 area
next week Bearish
225 220 215 pB .50 area
215 210 pDS .60 area
next week strategy
GOOG was our biggest money maker this week, and she passed our bearish target, down to larger support level. Here we may be creating a daily doji of this larger support so even though were larger picture bearish we wish to start of with a bullish bet, then if there is a bounce next week then focus bearishly from there perhaps monday.
next week GOOG bullish Strategy
1200 1210 1220 cB at 1.05 area
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!
next week AAPL strategy.
Its unclear weather we continue sideways or if there is a fall back as low as 512 support. but since we have seen a lot of accumulation by Apple , and with new products rumors sure to get stronger wish to focus only on the possibility of a bounce even though technically there is no sign of it. Bottom line is she is cheap, apple is continuing to buy back shares, and rumors can spike us at any point, plus we are back nicely after the recent upgrade .
next week
calls 545 540 535 cB .40 area
next week strategy.
TSLA has today reached strong trend line support. if you draw a trend line from november of last year trough some wicks holding all bodies, you see we hit it exactly today. This makes a strong bounce very possible and it also means that if we lose the trend line a stronger fall could issue . We know there is the very important resistance at 247 for the bullish side and strong support down at 218. So we are placing a total of 4 plays, 2 bullish 2 bearish meaning that if we go sideways next week we stand to lose 4x oversized. The 215 debit is there just for incase we have larger than usual fall if the trend line gave way, very important to protect longer term positions from such a senerio.
next week bullish
240 245 250 cB .40 area
240 245 cDS 1.20 area
next week Bearish
225 220 215 pB .50 area
215 210 pDS .60 area
next week strategy
GOOG was our biggest money maker this week, and she passed our bearish target, down to larger support level. Here we may be creating a daily doji of this larger support so even though were larger picture bearish we wish to start of with a bullish bet, then if there is a bounce next week then focus bearishly from there perhaps monday.
next week GOOG bullish Strategy
1200 1210 1220 cB at 1.05 area
This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!