Gavin McMaster has a Masters in Applied Finance and Investment. He specializes in income trading using options, is very conservative in his style and believes patience in waiting for the best setups is the key to successful trading. He has been trading options since 2004 and teaching traders since 2010. Follow him on Twitter at @OptiontradinIQ
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Target (TGT) is currently showing above average volatility with an IV Percentile of 85% and an IV Rank of 71%.
PayPal (PYPL) hit resistance at the declining 50 and 200-day moving averages and closed down nearly 2% yesterday.
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One bad thing about UBER stock is that it doesn't pay a dividend. But what if we could use options to manufacture our own dividend?
This week we have Tesla (TSLA), Microsoft (MSFT), Alphabet (GOOGL), Exxon Mobil (XOM), Visa (V), Abbvie (ABBV) and Chipotle Mexican Grill (CMG) all set to report.
It's a huge week of earnings and it will be interested to see how the market digests Fridays IT issues. Here are 5 key things to watch this week.
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Nike has hit a rough patch recently with the stock down 56% from its all-time high. NKE is also the most oversold stock in the Dow Jones Industrial Index as measured by RSI.
With VIX on the rise, it could be a great time to look for Iron Condor opportunities.
Amazon (AMZN) has shown good relative strength over the last few months and is holding nicely above a rising 50-day moving average.
This week earnings are in full swing, we have some additional economic data and Powell is speaking again.
This week we have Taiwan Semiconductor (TSM), Bank of America (BAC), United Airlines (UAL), Netflix (NFLX), Goldman Sachs (GS), Johnson & Johnson (JNJ) and Morgan Stanley (MS) all set to report.
