MACD divergence options trades in May 2019

 

check out the MACD divergences and double top and bottoms we posted in May. There's a special offer at the end of the video if you want to learn how to trade like the Options Hunter.

Continue Reading...

AMGN double bottom and MACD divergence Part II

 

AMGN had a small daily double bottom and MACD divergence but with the weekly chart still strong down this would be a short term trade. MACD seems to indicate price should be about $172, so bought some Jun 14th expiration 172.5 calls for 1.58.

June 3rd, AMGN went stellar right out of the gate met some resistance at $174 so we cashed in the calls at $4.25 that's more than doubled my money. Further out of the money options would have yielded even greater returns.

Continue Reading...

GLD double bottom and upside MACD divergence

 

GLD double bottom and upside MACD divergence in place, picked up some May 31 expiration $121 calls at 0.42. MACD says price should be around $121.5. May 23  GLD its up strongly with the market down hard,exited for a solid 120% gain, further out of the money options may have yielded even greater returns.

Continue Reading...

CMG May 7 double top with MACD divergence

 

CMG daily has a topping pattern and big downside divergence on MACD . Our options trading strategy uses OTM puts to make big gains.

Continue Reading...

PHM daily divergence on MACD to downside with double top

Uncategorized May 20, 2019

PHM daily divergence on MACD to downside. Reasonable pattern and the start of the downturn today May 24th 31 puts at .10 had decent volume.

Continue Reading...

ALGN May 16, 2019 double top and MACD divergence

 

ALGN formed a 10-day double top , MACD diverging down. MACD says price should be around $315. OTM May 24, 2019 315 puts traded at close on May 16 around $1.65. May 20 these traded at $4.20 cant complain about this 230% gain in a couple days. Further OTM options may have yielded even greater gains.

Continue Reading...

BBY May 8 MACD divergence down and double top.

Uncategorized May 10, 2019

May 8, the topping pattern on BBY has a strong MACD divergence to the downside. The indicator shows prices should be at level $71.70. The May BBY $72 puts expiring May 10 were around $0.75 on May 8, trading May 10 at $2.85 or if you'd bought the May BBY $72 puts expiring May 17 they were around $0.75 May 8 and May 13 were at $4.80. Consider trading the OTM options under .10 cents

Continue Reading...

Anatomy of a divergence CLF

Uncategorized May 08, 2019

The daily upside MACD divergence with a double bottom is clearly in place by April 22, 2019. The reverse V-shaped pattern is clearly almost a full trading month in length. Generally we can expect the pattern to play out to the upside over the same period.

 

Prices rose for several days before stalling around May 1. At this stage a reentry into the upside move requires the lower time frame MACD to show a clear divergence to the upside to feed the strong daily MACD divergence that is still in play.

The Options Hunter tweeted this to the Big Game subscribers on May 3, following a discussion the prior day to keep a watch out for the reentry opportunity.

 

The 15 minute chart through 11.45am eastern on May 2, 2019 clearly shows an upside divergence on the MACD. 

 

The near to expiration May 3, 10 calls made huge gains.

 

Continue Reading...

YINN and YANG

Uncategorized May 06, 2019

Check both long & short term charts on YINN & YANG, the Chinese 3X leveraged indexes to gauge Chinese markets & their influence on our markets.

 

 

Continue Reading...

Boeing and the daily MACD divergence up

Uncategorized May 06, 2019
 

The daily divergence to the upside on Boeing is clearly visible on April 10th. A divergence that suggests a 2 weeks plus move. The move stalled 4/17/2019 with 1000% gains on OTM call options. A lower time frame reentry on 4/25/2019 on 30 min charts also yielded good gains on OTM call options.

 

Continue Reading...
1 2 3 4 5 6 7
Close

Get Timely insight into The Markets

Overall Market comments and individual stock analysis and review. Just for signing up we'll send you  Free 4 Laws for The trading the Markets