Tuesday, December 22, 2020

WISE OWL Trading ideas  12-22-2020

TRIGGERED  out ½ at $149.00    Order at $149.00  to book out ½   12-22-2020   I am SHORT  400/200-shares at  $179.00 WE ARE IN the potential SELL-ZONE   Reviewed      12-19-2020    I will be  SHORT (400/200 for portfolio) of  “RARE” at  $187.50 or > than <  $179.00      I like using PUTS out 6-9 weeks

I was triggered in for a SHORT at $107.90   12-22-2020    (forming a potential H&S pattern)   Developed   12-18-2020   I will be  SHORT(800/400 for portfolio) of  “CHWY” at  $113.85 or > than <  $107.75     I like using PUTS out 6-9weeks



Reviewed      12-22-2020          RE-Developed      12-12-2020    6.6% dividend yield   looking for a retracement to re-enter  (we took 4.5 points last trade)   I will be LONG  “CHL” again 800/400-for portfolio  @ $20.70 and or < than > $25.02  looking for a retracement play, target $38.00 thereafter $45.75    Forward P/E 7.25 





Developed 12-22-2020 ranks a “B+” trade “PTON” I will be SHORT at $177.50 Looking for a push into a linear regression model of OHR to $179.95 and or > than < $168.75 my short side target comes in at $140.00 then $126.75 I will also look to utilize options out 7-12 weeks or more....as an add on we can also trade the PTON weekly options by selling calls





Reviewed      12-22-2020        NEW Idea....11-28-2020    “GILD”  **Limit order at $45.50  for 1000-shares, I will take 400 for the portfolio**  and/or less than $50.75 than a rebound back above this level target $69.95 then $78.75    SHORT interest = 1.95%   Float = 1.25-billion         Its optionable, great long term CALL play and covered call play    forward P/E = 9.20  P/S = 3.63  





Order at $114.25 to book out ½ 12-09-2020   I am SHORT  200-shares at  $169.25    NEW Idea....12-05-2020   MRNA” Looking to SELL-SHORT  (limit order @  $174.99    (600/200-for the portfolio ) and or > than <169.75  target $111.95 then $97.85 

  • Reviewed      12-22-2020     Developed      12-12-2020     looking for a retracement to re-enter  (we took 17.00 points last LONG trade)   I will be LONG  “MRNA” again 500/200-for portfolio  @ $88.55 and or < than > $104.50  looking for a retracement play, target $128.00 thereafter $139.25  




Looking to SHORT CVNA      WE ARE close to the potential SELL-ZONE Reviewed 12-22-2020 “CVNA” I will be SHORT 400 at $309.90 and or > than < $295.75 target $237.00 then 205.00 We could sell some weekly calls that expire on Friday or utilize a PUT spread or PUTS out-right going out 3-5-months





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