US Stocks - My Stocks Investing

Gold ETF (GLD): Is it a Good Time to Invest in Gold Now?

Post author:Marubozu
Post published:March 29, 2014

Base on the long term chart pattern, GLD has found a Double Bottoms at $115 and also broke the descending trend line resistance (Green line). Thus, it can be concluded that the down trend has stopped for the time being and GLD is currently in the sideway consolidation.

Original Post by Marubozu @ My Stocks Investing Journey.

Base on short term chart, GLD is currently retracing after finding a recent top of $133.71. Base on the Fibonacci Retracement Level and Fibonacci Fans, GLD should be finding a support between $124 to $125. If this support holds, this will be a formation of Lower High with price target $145 (161.8% FR) –> Up Trend pattern.

Fossil (FOSL) Iron Condor Earning Trade

Post author:Marubozu
Post published:February 20, 2014

Chart from thinkorswim, get FREE chart here.

Original post by Marubozu from My Stocks Investing Journey.

Option Trading Strategy

High IV before the earning.
Sell Vega by opening Iron Condor (95/105/125/135) one day before the earning release.
Close Iron Condor position after the earning release and volatility crush.

Trade Summary

Gross Profit = $86
Net Profit = $76 ($10 commission)
ROI (Net) = 12.5%
Duration = 2 days

FOSL Chart

FOSL IV Chart

See previous analysis on FOSL here.

Whole Foods Market (WFM) Iron Condor Earning Trade

Post author:Marubozu
Post published:February 20, 2014

Chart from thinkorswim, get FREE chart here.

Original post by Marubozu from My Stocks Investing Journey.

Option Trading Strategy:

High IV before the earning.
Sell Vega by opening Iron Condor (45/50/60/65) one day before the earning release.
Close Iron Condor position after the earning release and volatility crush.

Trade Summary

Gross Profit = $81
Net Profit = $61 ($20 commission)
ROI (Net) = 7.9%
Duration = 6 days

WFM Chart

WFM IV Chart

WFM Fundamental