CCL SHOWING DIVERGENT SIGNS:
- Long and short term negative trends, while the medium term is still up trending;
- Golden cross in mid November suggesting upside on the uptrend;
- Multiple rejections at/above 53 suggesting more downside;
- Down trending MACD and RSI;
- Mildly positive consensus (closer to a HOLD);
- Some 10% upside on the consensus target price;
- Downgrade this day by a broker ahead of earnings tomorrow.
GET MEASURED-RISK EXPOSURE TO EARNINGS DISAPPOINTMENT:
- Buy Jan '17 $50/$49 put at $1.35/$0.95 (indicative);
- Sell Jan '17 $44 put at $0.20 (indicative) to mitigate the cost of the strategy.
COMPELLING REWARD/RISK
Targets down: 46 / 44 / 40
Max loss (assuming 49/44 put spread): $0.75/share
- Long and short term negative trends, while the medium term is still up trending;
- Golden cross in mid November suggesting upside on the uptrend;
- Multiple rejections at/above 53 suggesting more downside;
- Down trending MACD and RSI;
- Mildly positive consensus (closer to a HOLD);
- Some 10% upside on the consensus target price;
- Downgrade this day by a broker ahead of earnings tomorrow.
GET MEASURED-RISK EXPOSURE TO EARNINGS DISAPPOINTMENT:
- Buy Jan '17 $50/$49 put at $1.35/$0.95 (indicative);
- Sell Jan '17 $44 put at $0.20 (indicative) to mitigate the cost of the strategy.
COMPELLING REWARD/RISK
Targets down: 46 / 44 / 40
Max loss (assuming 49/44 put spread): $0.75/share
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.