Jun03

EUR/USD has had a breakout that should continue upwards wit all the ECB stimulus happening.  From the current point it should move by 400 basis points either way. A Straddle is ideal for this.

Jun03

TSLA’s volatility is ideal for Options trading. With price moving sideways in a narrowing range, we can see the Bollinger Bands have contracted significantly… which signal a ‘pop’ sometime soon.   Given the incredibly volatility in this stock, price could move up or down substantially, in the order of 50% either way. Bollinger...

Jun03

AMZN has exceeded its pre-pandemic high by 13%. The sideways movement makes an opportunity for a option straddle position. If the price was to fall it is clear it would fall to around 2000, or else simply continue upwards.   As its not clear how much further up it may go, a straddle would be a safe strategy Recent sideways m...