Money Calendar Alert: Opportunities This Week

Tom Gentile

Posted in
Strategy

By: Tom Gentile
May 9th, 2022

2 mins read
Image 10

Money Calendar is showing definitively green this week, meaning there are more candidate with a history of bullish over bearish price moves in its history the past 10-years.

We know though, that today’s market environment hasn’t been playing out as consistent with all the concerns of a war going on, high inflation causing our Fed to be hawkish and aggressive with their rate hikes to come.

The bearish patterns that fit our ideal profile have been tough to find because of the past 10-yr bullish run and that has caused us to highlight some short-term call credit spreads that have worked. We will highlight t one more this week.

And we have a bullish pattern on a stock holding up pretty well despite the market slide.

Bullish Opportunity #1: Northrup Grumman Corporation (NYSE: NOC)

Sector: Industrial and Industry: Aerospace and Defense. NOC is a global aerospace and defense company with many different segments of their company specializing in many aspects of its industry.

Image 11
Image 12

BULLISH:

Action to Take #1: Call Debit Spread

Entry Date: June 10, 2022

Buy-to-Open: Northrup Grumman Corporation (NYSE: NOC) NOC June 10. 2022, $435 Call (NOC2200610C00435000) and Sell-to-Open: Northrup Grumman Corporation (NYSE: NOC) NOC June 10. 2022, $440 Call (NOC2200610C00440000) Creating a Vertical Call / Debit Spread for a limit of $2.10

Exit Strategy / Profit Taking Option

SELL-to-Close: Close the entire position for a 100% Return on Investment (ROI)

Exit Date: June 07, 2022

Bearish Opportunity #2: Lowe’s Companies, Inc. (LOW)

Sector: Consumer Cyclical and Industry: Home Improvement Retail

Image 13
Image 14

BEARISH:

Action to Take #2: Call Credit Spread

Entry Date: May 02, 2022

Sell-to-Open:  Lowe’s Companies, Inc. (LOW) LOW May 06, 2022, $210 Call (LOW220506C00210000) and Buy-to-Open:  Lowe’s Companies, Inc. (LOW) LOW May 06, 2022, $212.50 Call (LOW220506C00212500) Creating a Vertical Call Credit Spread for a net credit/limit of $0.27 or better.

Exit Strategy / Profit Taking Option

Buy Back-to-Close: Anticipate LOW stays under Sold Strike in spread ($210) at expiration so options expire and realize 100% of premium sold.

If one were to make 0.27 on 2.50 risk, ROI = 12.11% (better than 1% ROI goal)

Exit Date: May 06, 2022

App: Toms Option Tools

Toms Option Tools scan the markets for bullish and bearish trade opportunities using our proprietary scans and strategy algorithms. TTR Darknet finds bullish entries based on triple stack channel collisions. Money Calendar identifies seasonal patterns with at least 90% accuracy looking back 10 years. Weekly Cash Clock finds short term opportunities that last a week on average. Microcurrency Trader applies Darknet technology and moving averages to cryptocurrencies. Velocity Trader utilizes volume spike and Velocity indicators on custom stock lists. Quantum Scripts scans the markets for momentum acceleration signals and employs Quantum noise filters. Optimal Trader finds directional pre-earnings opportunities that are optimized for entry date, stock movement, and volatility surge. My Trades tracks the profit/loss of your trades, displays stock charts and risk graphs, creates new trades, and edits existing trades. Morning Report provides top 10 option rankings in 6 categories each day.


Disclaimers

Stock and options trading has large potential rewards, but also large potential risk.

You must be aware of the risks and be willing to accept them in order to invest in the stock and options market. Do not trade with money you cannot afford to lose.

This is neither an offer to buy/sell/ or recommend a particular stock or option.

Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been actually executed, the results may have under or overcompensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with hindsight.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

Disclaimer of Warranties and Liabilities Tom Gentile and TomsTradingRoom, LLC including employees, consultants, and editors (“Publisher”) cannot and do not warrant the completeness or accuracy of the content found in our areas, or its usefulness for any particular purpose.

Tom Gentile and TomsTradingRoom, LLC also make no promises that our content or the service itself will be delivered to you uninterrupted, timely, secure, or error-free. Under no circumstances will Tom Gentile and TomsTradingRoom, LLC be liable for direct, indirect, incidental, or any other type of damages resulting from your use or downloading of any content on our site.

This includes, but is in no way limited to, loss or injury caused in whole or in part by our negligence or by anything beyond our control in creating or delivering any portion of Tom Gentile and TomsTradingRoom, LLC.

You are agreeing that you bear responsibility for your own investment research and investment decisions. You also agree that Tom Gentile and TomsTradingRoom, LLC will not be liable for any I, investment decision made, or action taken by you, or others based upon reliance on news, information, or any other material published by Tom Gentile and TomsTradingRoom, LLC.

Tom Gentile and TomsTradingRoom, LLC relies on various sources of information that we believe to be accurate and reliable. However, we make no claims or representations as to the accuracy, completeness, or truth of any material contained on our site.

Tom Gentile and TomsTradingRoom, LLC are educational portals, providing content for educational and informational purposes only. Neither Tom Gentile nor TomsTradingRoom, LLC are a broker/dealer. Investors need a broker to trade stocks and options and must meet certain requirements. All securities, futures, and investments data and ideas are offered to self-directed investors. All prices in USD unless noted otherwise.

A full disclaimer can be found here:  http://www.tomgentile.com/legal_disclaimers.html.

Sign Up Now for Free Education!