💡Trade Ideas — $DO, $HII, $PEP, $PYPL, $SODA
February 11, 2017
Need some trading ideas to get the week started? This is my weekly issue for February 12 — February 16 with various financial and trading summaries to generate ideas.
FYI — Headings with underlines indicate a link is available for further research. Calls (predicted trend up) and Puts (predicted trend down) are options underlying a stock or ETF.
Market
The stock market whipsawed 22,000 points pointing to big moves occurring in an overall 5% down week. The 1-week performance heat map below of stocks shows only small caps holding on.
What follows are trends overall going into next week. The Performance and Overextended scans are pointing to a bearish week. Most stocks are in oversold (too low) territory so keep an eye out for bounces this week.
Earnings Calendar
Earnings season is starting to wind down for large caps this week, and many opportunities exist. Be sure to review next week’s possibilities below as well.
Earnings 2/19 to 2/23/18
$AGR $CBRL $DPZ $DUK $ECL $GPC $HD $KAR $MGM $NBL $WMT
$AAP $GRMN $HFC $MDR $OC $SO
$APA $BLMN $CHK $HRL $KOF $LKQ $MGA $NEM $SFM $SSTK $TREE $W $WIN
$ETR $HUN $LPNT $PEG
IPO Calendar
$BFRA 2/13/18
Economic Calendar
Reports this week include Treasury Budget, Redbook, MBA Mortgage Applications, Consumer Price Index, Retail Sales, Business Inventories, Jobless Claims, Fed Balance Sheet, Money Supply, Housing Starts, Import and Export Pricing, Consumer Sentiment, and Baker-Hughes Rig Count.
Financial News
Stocks saw worst week in two years last week.
Congressional big spending pact worries analysts about fiscal crisis risk.
Gold price is usually an inverse to stocks value, and gold bugs expect that axiom to start this week.
Some analysts are pointing to inverse instruments for the reason for the stock market dip.
Rumor of the week: $AMZN might start accepting bitcoins for purchases.
Trade Ideas
$ DO— Diamond Offshore Drilling Co.
Suggestion — Buy $15.00 2/16/18 Calls. Last $.44x$.63.
$HII — Huntington Ingalls Industries, Inc.
Suggestion — Buy $240.00 2/16/18 Calls. Last $1.75x$4.10.
$PEP — PepsiCo Inc.
Suggestion — Buy $112.00 2/16/18 Calls. Last $1.59x$1.71.
$PYPL — PayPal Holdings
Suggestion — Buy $75.00 2/16/18 Calls. Last $1.44x$1.64.
$SODA — Sodastream Int. Ltd.
Suggestion — Buy $75.00 2/16/18 Calls. Last $2.85x$3.50.
Toohightoolow Tickers
Here are stocks to watch that are either very oversold (too low) or overbought (too high). Be sure to look for technical crossovers to identify trend turning points.
Calls
$DO $DUK $EE $GMS $PG $SBGI $SEE $UPS
Puts
$LITE $VIRT
Favorite ETFs
ETFs are a bundle of assets with a particular theme. What follows are ETFs with nice option volume with estimated trend for the week.
Calls
$EEM $EFA $FXI $GDX $GLD $IBB $TZA $VXX
Puts
$DIA $EWJ $IWM $OIL $QQQ $RSX $SLV $SPY $UNG $USO $XLB $XLE $XLF
The 1-week performance heat map below shows inverse ETFs green for last week.
Disclaimer
This is not an investment advisory, and should not be used to make investment decisions. Information in Thomas Mann’s posts are opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don’t consider buying or selling any stock without conducting your own due diligence.
