Singkat
SHLD at resistance and falling
SHLD (Sears Holdings) has been in a downtrend for a long time. It recently spiked on positive consumer data, but that won't last.
Strategy:
Wait for it to confirm this rejection by moving below $11. This ensures that it doesn't complete a flag pattern, breaking resistance.
Using April 21st PUT options could net a nice profit. There's currently 4,883 open interest and they're trading for 1.07/1.36. Assuming you buy when underlying is at $11, you'll pay about the current ask. Maybe $1.40. A collpase down to the $9 level within a few days will mean the option is worth at least $2, likely $2.25, representing an estimated 60% profit if target is reached.
Strategy:
Wait for it to confirm this rejection by moving below $11. This ensures that it doesn't complete a flag pattern, breaking resistance.
Using April 21st PUT options could net a nice profit. There's currently 4,883 open interest and they're trading for 1.07/1.36. Assuming you buy when underlying is at $11, you'll pay about the current ask. Maybe $1.40. A collpase down to the $9 level within a few days will mean the option is worth at least $2, likely $2.25, representing an estimated 60% profit if target is reached.
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.