Category Archives for Chart of the day

Extreme Option Profits Chart of Day…Volatility Index (VIX)

Corona-madness continues. A day after the Dow Jones swung 2,000 points, futures are pointing to another loss. All thanks in part to falling oil prices on a price war, and news that coronavirus cases just passed 1,000 in the U.S., according to Johns Hopkins University. There have also been 29 deaths. President Trump has a meeting with […]

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Extreme Option Profits Chart of Day…ProShares Ultra VIX (UVXY)

Just this morning, we sent the following note to EOP readers.Markets are setting up for another blood bath, we said. Dow futures are down another 1,200 points on coronavirus fears, and oil price wars.  However, we do have a great trade in place that’s profiting from elevated volatility.  On Jan. 2, 2020, we recommended buying the […]

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Extreme Option Profits Chart of Day…Inovio Biomedical Corp. (INO)

In the U.S. alone, there are now a total of 104 coronavirus cases, with six reported deaths. “We need to be at least thinking about the possibility if we get a major outbreak of this coronavirus in this country,” said Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Disease, as quoted by The […]

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Extreme Option Profits Chart of Day…ProShares Ultra VIX (UVXY)

On January 2, 2020, in an EOP Chart of Day, we noted, “we’re recommending that you take a position in the Pro Shares Ultra VIX Short-Term Futures ETF (UVXY) at market.” At the time, the UVXY traded at just $12.09. It’s now up to $23.88.  At current prices, consider selling half of the position to secure […]

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Extreme Option Profits Chart of Day…Johnson & Johnson (JNJ)

The coronavirus has now gotten way out of control.   Globally, 78,442 people have been infected and more than 2.456 have already died. And, according to Dr. Nancy Messonnier, director of the National Center for Immunization and Respiratory Diseases, “This new virus represents a tremendous public health threat.”The World Health Organization (WHO) is warning of a […]

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Extreme Option Profits Chart of Day…Fiverr (FVRR)

Keep an eye on Fiverr International (FVRR). The stock has been in a solid uptrend since late September 2019.  We’d like to see a near-term test of $32 on this stock.  All as it benefits from a gig economy.At the moment, the U.S. is seeing tremendous growth in this economy, which includes independent contractors, on-call, and […]

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Extreme Option Profits Chart of Day…Carnival (CCL)

Keep an eye on Carnival (CCL). The stock has been battered by the coronavirus story. However, it’s down too far, too fast, and could soon recover, even though it could see an EPS loss of 55 to 65 cents a share if operations in Asia are suspended through April 2020. “While that has not come to […]

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Extreme Option Profits Chart of Day…Carnival (CCL)

Keep an eye on Carnival (RCL).It’s been severely beaten down on the coronavirus story, which has created a “blood in the streets” opportunity.  On a two-year chart, you can see it’s just starting to bounce off its lower Bollinger Band (2,20) with oversold extensions on RSI, MACD, and Williams’ %R.  We’d like to see a […]

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Extreme Option Profits Chart of Day…Royal Caribbean Cruises (RCL)

At the moment, there are 20,000 coronavirus cases with 452 deaths.Cases have now been spotted in Hong Kong, Macau, Taipei, Thailand, Vietnam, South Korea, Singapore, Malaysia, Japan, Australia, France and the United States. Nepal has confirmed one case. Cambodia confirmed its first case, too.The World Health Organization declared the virus a public health emergency of […]

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Extreme Option Profits Chart of Day…Starbucks (SBUX)

Markets have become a volatile mess.On Friday, the Dow Jones plunged more than 600 points on headline fear. Now, even as cases multiply around the world, futures are now pointing to a higher open. That’s telling us most of the fear may have been priced in.One stock we have an eye on is Starbucks (SBUX), […]

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