Here's SPX monthly chart.
RSI above 70, price above bollinger bands and strong diagonal resistance level.
RSI above 70, price above bollinger bands and strong diagonal resistance level.
Wednesday, May 22, 2013
Monday, May 20, 2013
GOOG Jul/Sep 13 calendar
GOOG Jul vol slightly higher vs Sep. IV30<HV20.
It's good opportunity for Calendar spread.
On my view GOOG can retest diagonal support at $875-880.
OTM GOOG $890 Jul/Sep Calendar looks good.
Calendar strike ~ 1/2 month SD.
Trade lifetime - 1 month.
1 Month break points - $831, $962.5.
Adjustment plan - Open new $980 call calendar if GOOG breaks $950.
I'm without position in GOOG.
LiveVol.com GOOG skew
Livevol.com GOOG HV20 (blue) vs IV30 (red)
It's good opportunity for Calendar spread.
On my view GOOG can retest diagonal support at $875-880.
Thinkorswim GOOG chart
Calendar strike ~ 1/2 month SD.
Thinkorswim GOOG $890 Jul/Sep calendar
Trade lifetime - 1 month.
1 Month break points - $831, $962.5.
Adjustment plan - Open new $980 call calendar if GOOG breaks $950.
I'm without position in GOOG.
Thursday, May 16, 2013
Facebook diagonal May 2013
FB got nice triangle and anniversary of the IPO.
Position
I hope to FB breaks down triangle. However we have strong support at $25.
Position
+10 Jul 21'13 Put
-10 Jun 19'13 Put
Cost $1.51
Expiration break-even point - $26.95.
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