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.
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.
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...
ADBE had a nice looking double top and divergence to downside. This was a PDF trade - pretty darn fast. In and out in an hour for an 89% gain. Further OTM options would have yielded more.
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.
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.
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.
CMG daily has a topping pattern and big downside divergence on MACD . Our options trading strategy uses OTM puts to make big gains.
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.
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.
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