Yeah... he just "reacts" and it always works. Never posts how he had a stop out.$30,000 Millionaire said:
SF - Mancini is clear he reacts vs predicts.
I don't think he double talks in any way.
Yeah... he just "reacts" and it always works. Never posts how he had a stop out.$30,000 Millionaire said:
SF - Mancini is clear he reacts vs predicts.
I don't think he double talks in any way.
#earnings for the week https://t.co/lObOE0dgsr $BABA $HD $WMT $MNDY $TGT $SE $BIDU $WKHS $AZUL $NU $CSCO $DE $TJX $AMAT $QBTS $CSIQ $ONON $JACK $FREY $CTLT $ARCO $TSEM $TRVN $INVO $SBLK $DLO $NOVN $AMPS $GBNH $PSFE $ZEV $FL $SQM $LSPD $WIX $STNE $DT $GRAB $TME $SNPS $MMYT… pic.twitter.com/Zd36bMTZOj
— Earnings Whispers (@eWhispers) May 12, 2023
bmoochie said:
What is your opinion?
oldarmy1 said:bmoochie said:
What is your opinion?
I still think we fill that last upward gap and push higher before any large downside. Big money had defended support levels multiple times and generally get paid for doing so.
4218 8/19 to 8/22Philip J Fry said:oldarmy1 said:bmoochie said:
What is your opinion?
I still think we fill that last upward gap and push higher before any large downside. Big money had defended support levels multiple times and generally get paid for doing so.
What upward gap?
Bought expiring $95 $AMD calls. Exit if new low
— Disciplined Trading (@oldarmy1) May 15, 2023
Trade Reason:$AMD $95 expiring calls with tight risk stop entered at $1.06 in tandem with acceleration low on large volume contrasted against macro rebound. Bought 50 and if new low the loss risk is $120. https://t.co/wLDVscjSL9 pic.twitter.com/QH7P0zdTA5
— Disciplined Trading (@oldarmy1) May 15, 2023
Quote:
Implied Volatility Surging for Western Alliance Ban (WAL) Stock Options
7:42 am ET May 15, 2023 (Zacks) Print
Investors in Western Alliance Bancorporation WAL need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 16, 2023 $45 Put had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Western Alliance Ban shares, but what is the fundamental picture for the company? Currently, Western Alliance Ban is a Zacks Rank #5 (Strong Sell) in the Banks - West industry that ranks in the Bottom 3% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while six analysts have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $2.57 per share to $2.02 in that period.
Given the way analysts feel about Western Alliance Ban right now, this huge implied volatility could mean there's a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
FJ43 said:
Still monitoring this odd SKEW pattern. Shot up a little out of the pattern Friday.