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$NU had a good earnings report (finally) but it also highlighted some risks that chilled participants.
Looks like a gap close is in the works - but not really expected to see this break below the earnings low (or let's say 13.50$ a share).
Setup? Could run a short call play into $14.00 or $13.50
Could develop a ratio fly.
Thoughts? Let's review in the live stream tomorrow afternoon!
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$AMZN - make or break here; needs to keep this level and rise up... or there are gaps below to target.Β
Thoughts? Measured levels suggest we have a bear trap forming.
Trade long calls or short puts? Let's discuss it in Wed afternoon live stream.Β
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$UPST news from earnings (08/05/26) suggests they are finally getting some growth. After such a beat down it might be worth a reversal / run higher. Bottom fishing!Β
16k avg daily options volume is not "wow" volumes but we can make it work in Sept options expiry;Β
Thoughts?
Let's review this Friday in the afternoon live stream.Β
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$TEVA back up to highs again; maybe it goes the distance??
Cheap enough that we don't really need to get fancy here; low risk ATM or OTM as you like.Β
You could consider a broken wing fly for more $$. Thoughts?
Let's review & discuss in the afternoon stream. Want to learn options? Check out our EDU @ https://t.co/Kj34EJuU2l
$BAC Monthly breakout with the weekly (thanks to the daily) in a pullback (inside week) setup.
Approach? The options are cheap enough that we can just grab some ATM's or slightly OTM strikes but if you are working with a small (er) account you can still build out a vertical. Let's talk about it in the Wed afternoon live stream.
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$UBER calls @ the 75$ strike are showing a lot of activity; looks like a good setup for short calls @ 75
Thoughts?Β
Let's discuss it in the Fri afternoon live stream.
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$BAC continues the push higher & has broke above last weeks range; the monthly is on the 3rd green bar.
Looking at the daily chart we should be able to hold under 70.00$
What is the play here? Ratio Fly against 70 looks good.
Lets discuss it in tomorrow afternoons swing stream.
Want to learn options? Check out our edu @ https://t.co/Kj34EJuU2l