Trades

Trade Findings and Adjustments 09-10-2019

A Registered Investment Adviser

Trade Findings and Adjustments 09-10-2019

BIDU – break out above 50 day moving average. Looking to go up to 115ish resistance level

– Bull call option June 2020 120 strike for about $11.

– Bull call spread OCT 25 110 long call-115 short call for about 2.27

UAA – 20 support level and room to run up to 22.06 at the 50DMA

– Covered Call – buy 100 shares @ 20.75 – .50 = 20.15 or an order around 20.20 limit. $21 strike covered calls trying to book .50 – 1.

– If it’s above $21 look at 22 strike short calls to get close to .50 of credit.

F – technical bounce down from 50DMA and support at 200DMA

–  Naked Short PUT at $9 strike Oct 4th Expiration for about .13 cents.

– If you’re assigned stock you can be in a collar or covered call trade for a Dividend around Oct. 20ish. Just make sure to keep an eye on the Dividend Ex date.

V – Big money taking profit from good performer and reallocating money to something else.

– Wait and see other “big money” see the opportunity to buy V cheaper.

AAPL – let’s see if it breaks the trend of falling down after a product reveal. $5 for Apple TV+.

– Watch for some followthrough to continue up from 215

DIS – holding a support level for now. Down from AAPL tv subscription announcement. $7 for DIS streaming sub +5 for TV+ =$12 or about the same or less than NFLX at $13-16. Better for AAPL and DIS and not NFLX.

keve@hurleyinvestments.com

www.hurleyinvestments.com                     www.myhurleyinvestment.com                    www.KevinMhurley.com

Related posts

Investor, Trader or Gambler – Which are you?

admin

The “Knee Jerk” Reaction in Trading

admin

How to know when your “head” is screwing up your trades!!!

admin

Covered call or protective put for protection?

admin

I want to catch the big run up in our stock market!!!

admin

Does your money manager protect your stocks (GOOG, AAPL or ISRG) in volatility???

admin

Leave a Comment

two × 1 =