Trading META & TSLA Short-Covering

The put/call ratio is extended, meaning the market is ripe for a short-covering rally at any time.

Identifying a short-covering rally is about identifying a recipe. The recipe itself may take a while to come into play, but when it takes off, you want to be ready.

Being ready means having a short list of tickers you want to jump on for the best opportunity.

I’m eyeing an opportunity in Meta Platforms (META) and Tesla (TSLA).

Learn more about why and how in the video below:

 

 

 

See you in Orlando?

This fall, I’ll be heading to Orlando, Florida to speak at the Simpler Trading Summit and The Money Show! Want to learn more? Click on this link. 

Up Next...

Butterflies + Put Credit Spreads Combined

A Bullish Earnings Call Last week, in the trading room, one of our members requested that I analyze the ticker AAP. This ticker belongs to Applovin, a company I’ve never traded before. This find is a prime example of the collaborative aspect of the trading room, and it’s why I appreciate our dedicated traders so … Read more

Read More

Walmart: Earnings in Focus

Walmart Earnings: May 16th Walmart is reporting earnings on Thursday, May 16th, before the bell. This is one of the most important earnings reports this week because it will show investors how the largest retailer in the United States and the world is faring. Between high inflation, consumer sentiment, and behavior, various factors could impact … Read more

Read More

Trading Directional Butterflies

Earnings Strategy In this Trade Review video, I cover my 100% winner which was a directional butterfly in Amazon. I traded this ticker due to a combination of a technical plus fundamental setup, where I had a solid entry with an edge. In the video, I explain how I used the options chain combined with … Read more

Read More

Subscribe Today!

Want my up-to-date analysis, setups, top trading tips, and more? Be a Five Star trader, and join my free newsletter today!

Sign Up Now
all-as-seen-on-logos