Nice doubletop and downside divergence on XLP daily charts picked up some Oct 11 60.5 puts for 21 c MACD says price sb around $60 or below. Oct 1 bid/ask spread .27 .28 so looking good so far. Oct 2 looks like this has hit a bottom and bouncing some, im exiting at .57c 250% gain. gotta love options.
Private Coaching Join me for one-on-one sessions in person
Dec 31, 2019
Limited openings available January and February 2020
As your Coach, I fit the training to your needs
-
I’ll show you how to find setups you can trade easily and with total confidence.
-
Get the EDGE that everyone is looking for.
-
Ready to start winning? I'm here to help you take control of your destiny and achieve trading success
-
Whether you want to trade options like a day trader, swing trader, or longer term I can show you how to trade using the MACD divergence and chart patterns.
***** Get 5 hours for the price of 4 *****
https://www.theoptionshunter.com/private-one-on-one-coaching
Dale Wheatley
Founder, The Options Hunter
Nice topping pattern on UPS with MACD down
Oct 16, 2019
Aug 30, Nice topping pattern formid on UPS with downside MACD divergence that said prices should be around $115. this slower mover meant the best pick was sept 6 117 puts at 69c. Sep 3 took some off the the table at 85% gain let the rest go a bit more: took the rest off too for 85% gain. things may go lower but its a short week and these expire in 3 days
Bearish Divergence + DoubleTop on HD Where Doers get More Done
Sep 11, 2019
HD was looking quite extended with double top in place, MACD says price should be around $212, took some August 30 210 puts at 30c. Aug 23 p 150% on this one so far watching this closely and got out at 60c as its stalled some, a nice 100% gain.
Visa close to a doubletop and MACD divergence down
Sep 10, 2019
Visa close to a doubletop and MACD divergence down on Aug 22, 2019. We watched the price action and picked up some Aug 30 170 puts for 25c, Aug 23 took less than a day to pan out we bailed at 1.11 for over 400% gain. Further OTM options would have yielded even more gains.
MACD Divergences and Double tops and bottoms. Just work together.
Aug 09, 2019
Some stocks seem to have a knack for MACD divergences and double tops and bottoms. Boeing is just such a stock. In this video we explore the last 10 months daily price action on Boeing and look at the effectiveness of the Options Hunter strategy.
John Deer DE double top and MACD divergence 700% +
Aug 07, 2019
Interesting chart on DE on July 26, 2019. it had been toying with the top at around $170 for a while and pushing up to it again. The MACD shows we should be down around $165. Not a big move down, bu the Aug 9 expiration 165 puts are at under a dollar so we'll grab a few for a pullback next week.. We took some off the table Aug 1 up about 75% on this trade. Aug 2 closed the remainder at $7.73 and we are up 700% . Up at $14 today Aug 7, market conditions with the trade war hit DE really hard so not surprising. OTM 150 and 152.5 puts under a dime in July gained even more.
Bank of New York Mellon double bottom and MACD divergence up
Jul 11, 2019
The clean double bottom and MACD divergence indicate prices should be around 44.5. June 28 43.5 calls for 39c Shot up to 77c a contract next morning, can't beat this pattern. Good double if you held out for a while in the day. Further out of the money options did even better. #doublebottom #doubletop #macd #macddivergence
BP Double Bottom with Bullish MACD Divergence . Easy 300%
Jul 08, 2019
BP double bottom with upside divergence MACD on June 18th. Watched this one the other day and when prices kept falling even with divergence up in place we put it the watch list. Bought June 21 40.5 calls at .65c for a quick run up only 3 days until expiration.
June 19th up about 15% so far looking to exit if we get over 41.3 or below 40.9 Was out at .80 after commission if you'd stayed in for June 20th mornings move the option hit 1.54 for more than a double.and On expiration day its was at $2.17 more than 300% up.
MACD divergences do they really work? The proof is in the pudding
Jul 05, 2019
ADBE - Adobe, June 10 - 11 winner
ADBE June 10th this pattern on MACD has been diverging down for some time. The MACD divergence indicates price should be at $275. June 21 expiration 267.6 puts are at 3.10 we bought some June 11th early.
June 11, in at 3.15 and now already at 5.05 time to exit. Out at 5.50 for a nice 80 % gain in one hour can't complain about that. Further out of the money options yielded even more gains.
BP - British Petroleum, June 18 - 21 winner
Watched this one the other day and when prices kept falling even with divergence up in place we put it the watch list. Gapped up on June 19, bought June 21 40.5 calls at .65c for a quick run up only 3 days until expiration.
Out at .80 same day. If you'd stayed in for this mornings move ton June 20, he option hit 1.54. June 21 and if you're still in this for expiration today its at $2.17 more than 300% up. Further out of the money...