{"id":10105,"date":"2017-11-30T15:02:47","date_gmt":"2017-11-30T19:02:47","guid":{"rendered":"https:\/\/trades.iwopremium.com\/?p=10105"},"modified":"2017-11-30T15:02:47","modified_gmt":"2017-11-30T19:02:47","slug":"proactive-spreads-november-30th-2017-nflx-nvda-ma","status":"publish","type":"post","link":"https:\/\/trades.iwopremium.com\/proactive-spreads-november-30th-2017-nflx-nvda-ma\/","title":{"rendered":"Full Time Profits, November 30th, 2017 – NFLX, NVDA, MA"},"content":{"rendered":"

\"\"<\/p>\n

Markets are undergoing a massive rotation.\u00a0 The current narrative surrounds the “tax plan” from the US and how it will affect stocks. Financials are up huge, along with transports…<\/p>\n

But tech took a nasty dive. Semiconductors had their worst day in months. The FANG stocks underperformed.<\/p>\n

My gameplan here is to wait for the first dip buyers to get punished in tech. This is 2017, so it may be a one-off event and the Nasdaq will rocket to new highs, but I think the better risk\/reward is to play for the larger retracement in some of these large cap tech companies.<\/p>\n

Trade #1: NVDA<\/h2>\n

\"\"<\/p>\n

Nice high volume selloff. I’m looking for a bear flag to form… sideways or slightly higher consolidation but with no buyer conviction. The lows get taken out and we get a quick flush to 185. That’s a great risk-reward place to enter in.<\/p>\n

Trade Setup<\/strong><\/p>\n

Expected Price: 185<\/p>\n

Sell to Open NVDA Jan 165\/160 Put Spread<\/strong><\/p>\n

Tier 1: Enter at 0.80, Exit at 0.30<\/p>\n

Tier 2: Enter at 1.10, Exit at 0.60<\/p>\n

Tier 3: Enter at 1.40, Exit at 0.90<\/p>\n

Trade #2: NFLX<\/h2>\n

\"\"<\/p>\n

Same premise here. Big volume breakdown, look for the lows to get taken out. Gap fill at 180 is a good spot.<\/p>\n

Trade Setup<\/strong><\/p>\n

Expected Price: 180<\/p>\n

Sell to Open NFLX Jan 160\/155 Put Spread<\/strong><\/p>\n

Tier 1: Enter at 0.80, Exit at 0.30<\/p>\n

Tier 2: Enter at 1.10, Exit at 0.60<\/p>\n

Tier 3: Enter at 1.40, Exit at 0.90<\/p>\n","protected":false},"excerpt":{"rendered":"

Markets are undergoing a massive rotation.\u00a0 The current narrative surrounds the “tax plan” from the US and how it will affect stocks. Financials are up huge, along with transports… But tech took a nasty dive. Semiconductors had their worst day in months. The FANG stocks underperformed. My gameplan here is to wait for the first […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[24],"tags":[],"_links":{"self":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/10105"}],"collection":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/comments?post=10105"}],"version-history":[{"count":2,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/10105\/revisions"}],"predecessor-version":[{"id":10118,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/posts\/10105\/revisions\/10118"}],"wp:attachment":[{"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/media?parent=10105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/categories?post=10105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trades.iwopremium.com\/wp-json\/wp\/v2\/tags?post=10105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}