🔎 Chart Analysis (1H)
• Current price: ~$34
• Support: 32–33 zone (recent bounce area)
• Resistance: 35–36, then 40 (major target)
• Structure: Multiple BoS (Break of Structure) and CHoCH levels show accumulation and trend reversal signs.
• Bias: If it holds above 32, the move toward 40 looks possible by September.
⸻
🎯 Options Play Ideas (Target = $40 by September)
1. Bull Call Spread (Defined Risk)
• Buy Sept $35 Call
• Sell Sept $40 Call
• This lowers cost vs straight calls and defines max profit.
• Breakeven ≈ $36 (depends on premium), max gain if CHYM hits $40+.
2. Straight Call (Aggressive Play)
• Buy Sept $35 Call
• Higher cost, unlimited upside, but theta decay risk if CHYM stalls.
3. Cash-Secured Put (If okay owning stock lower)
• Sell Sept $32.5 Put
• Collect premium. If stock stays above 32.5, you keep it. If not, you’re assigned at effective discount.
4. Diagonal Call Spread (If expecting a gradual move)
• Buy Sept $35 Call
• Sell Aug $37.5 Call
• Reduces cost, profits from slower grind up.
• Current price: ~$34
• Support: 32–33 zone (recent bounce area)
• Resistance: 35–36, then 40 (major target)
• Structure: Multiple BoS (Break of Structure) and CHoCH levels show accumulation and trend reversal signs.
• Bias: If it holds above 32, the move toward 40 looks possible by September.
⸻
🎯 Options Play Ideas (Target = $40 by September)
1. Bull Call Spread (Defined Risk)
• Buy Sept $35 Call
• Sell Sept $40 Call
• This lowers cost vs straight calls and defines max profit.
• Breakeven ≈ $36 (depends on premium), max gain if CHYM hits $40+.
2. Straight Call (Aggressive Play)
• Buy Sept $35 Call
• Higher cost, unlimited upside, but theta decay risk if CHYM stalls.
3. Cash-Secured Put (If okay owning stock lower)
• Sell Sept $32.5 Put
• Collect premium. If stock stays above 32.5, you keep it. If not, you’re assigned at effective discount.
4. Diagonal Call Spread (If expecting a gradual move)
• Buy Sept $35 Call
• Sell Aug $37.5 Call
• Reduces cost, profits from slower grind up.
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.