There were a couple of developments on the chart of the underlying stock that got my attention.
Category: Option Trades
Trade Luminar’s (NASDAQ: LAZR) Drop to Potentially Double Your Money by mid-August
by •
The chart shows a downward sloped trend channel and the stock hit the upper rail yesterday with stochastic indicators in overbought territory.
Trading Bristol Myers Squibb (NYSE: BMY) Could Double Your Money
by •
Trending higher since March, the underlying stock is hovering near the lower rail of a trend channel and the stochastic indicators are in oversold territory.
Trade Healthcare SPDR (NYSE: XLV) Shares As They Move Higher in the Coming Weeks
by •
We’re targeting a potential 75% return by mid-August.
Trading KraneShares CSI China Internet (AMEX: KWEB) Targets a Potential 100% Return in About Two Months
by •
The underlying security’s stochastic indicators were in overbought territory and made a bearish crossover last night.
Trading Li Auto (NASDAQ: LI) Could Double Your Money by mid-August
by •
The underlying stock has been trending lower since the beginning of the year. Currently, the RSI and stochastic indicators are in overbought territory and made a bearish crossover last night.
Trade Ballard Power System’s (NASDAQ: BLDP) Drop for a Potential 75% Return by mid-August
by •
In a downtrend since late February, it looks like it’s facing two different forms of resistance in the same area.
Trading Bullish Cimarex Energy (NYSE: XEC) Could Potentially Double Your Money in 6 Weeks
by •
The underlying stock’s chart is a big driver behind this trade idea.
Trading Stem (NYSE: STEM) Could Double Your Money in Seven Weeks
by •
It’s my “Option Trade of the Day”.
Trading Bullish Cleveland-Cliffs (NYSE: CLF) Targets a 100% Return in Seven Weeks
by •
The underlying stock just dipped to the lower rail of a positive trend channel and the oversold stochastic indicators made a bullish crossover last night.