Trading with point and figure

[Dentalfloss]

you might get 3770

 

[cantagril]

Well, we didn't ....and now I'm bored and have got other stuff to do so TP is now 3740 and stop at +1

Finally out at 3740 +20

 

[gismeu]

Hello,

was wondering if anybody is using P&Fs for selling options premium by having a monthly time frame?

Like in this chart, the 122 level seems to be resistance, so selling the 28 Feb 123 call and buying the 125 call for a credit of 0.37 would be a profit of around 15% within a month.

 

[Dentalfloss]

Finally out at 3740 +20

🍾 🍾 🍾 🍾 💋 💋 💋 💋

 

[Dentalfloss]

Hello,

was wondering if anybody is using P&Fs for selling options premium by having a monthly time frame?

Like in this chart, the 122 level seems to be resistance, so selling the 28 Feb 123 call and buying the 125 call for a credit of 0.37 would be a profit of around 15% within a month.

View attachment 273735

It can only tell ypu trend,supp/rez

 

[gismeu]

I know, I should have phrased it differently

 

[Dentalfloss]

 

[Dentalfloss]

 

[Dentalfloss]

poss rez in 121.00 area

 

[Dentalfloss]

 

[Dentalfloss]

Hello,

was wondering if anybody is using P&Fs for selling options premium by having a monthly time frame?

Like in this chart, the 122 level seems to be resistance, so selling the 28 Feb 123 call and buying the 125 call for a credit of 0.37 would be a profit of around 15% within a month.

View attachment 273735

In my mind..i would wait and see the reaction at rez...if it gets there
then buy a $123 put
Does that sound right??? I have no experience with options

 

[Dentalfloss]

get out @115.00 area

 

[Dentalfloss]

I know absolutely nothing about option strategies
if it has started a new downtrend...then sell at rez....Buy Puts at rez...???.so long as you get confirmation that its turn ing down at rez

 

[Dentalfloss]

Mornin folks 😍😍💋💋🍾🍾🍾

 

[Dentalfloss]

A quick look at SPX

 

[Dentalfloss]

sellers need to keep it under blue

 

[Dentalfloss]

 

[Dentalfloss]

 

[Dentalfloss]

Dax....Will it cross the line.?

 

[Dentalfloss]