Post by Emperor AAdmin on Feb 12, 2008 16:11:49 GMT -5
Three White Soldiers: Three White Soldiers Example A bullish reversal pattern consisting of three consecutive white bodies, each with a higher close. Each should open within the previous body and the close should be near the high of the day.
After filtering using ameritrades filter for strong (financially powerful) stocks that up to today might have been doing a pullback I came across two stocks with three consistently higher days with increasing volume and increasing option trading (overwhelmingly calls). The indicators suggest its a possible bullish reversal as does short term and long term stock analysis. Implied volatility is at around 60. TRA stock is accumulated by institutions (link 19 bellow) while VIP is under their distribution (todays data only).
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Terra Industries Inc. (TRA)
finance.yahoo.com/q?s=tra
At 4:01PM ET: 45.03 Up 1.25 (2.86%)
Target: MAR 22, 2008 $ 55.000 CALL (.TRACK : OPRA) (39days)
*most active march option is one above which is priced at $0.90.
*(it was as high as $5 one month ago when stock hit $52/sh.)
*If in 10 days = $55/share + 60 Imp. Volatility = .TRACK = $3.87 (+330%)
(60 IV is current IV. Higher IV = higher percentage move)
(IV = Implied Volatility)
Update: When the stock was at $50/sh range one month back IV was actually around 70.
*If in 10 days = $55/share + 70 Imp. Volatility = .TRACK = $4.43 (+392%)
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Vimpel-Communications (VIP)
finance.yahoo.com/q?s=vip
At 4:01PM ET: 36.67 Up 1.89 (5.43%)
Target: MAR 22, 2008 $ 40.000 CALL (VIQCH : OPRA) (39d)
*most active march option is one above which is priced at $1.45.
*(Feb 40 call was as high as $3.5 one month ago when stock hit $42/sh.)
*If in 10 days = $40/share + 55 Imp. Volatility = .VIQCH = $2.54(+75%)
*If in 10 days = $42.5/share + 55 Imp. Volatility = .VIQCH = $4.07(+180%)
Update: When the stock was at $42/sh range one month back IV was actually around 65.
*If in 10 days = $40/share + 65 Imp. Volatility = .TRACK = $2.98 (+105%)
*If in 10 days = $42.5/share + 65 Imp. Volatility = .TRACK = $4.50 (+210%)
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to evaluate:
(01) stockconsultant.com ; 2) tradetrek.com ; 3) powerratings.net ; 04) optionclearning.com ; 05) etrade (option chains comparison & & stock fundm.analysis) ; 06) optionxpress (charts and volatility analysis) ; 07) ameritrade.com (advanced analyzer, strategy desk & stock fundm.analysis) ; 08) yahoo chart analysis ; 09) moneycentral.msn.com (stock rating) ; 10) maddmoney.blogspot.com ; 11) nasdaq.com guru analysis ; 12) nasdaq.com - risk analysis ; 13) shortsqueeze.com/ ; 14) americanbulls.com ; 15) stockcharts.com scan ; 16) stockta.com ; 17) thestreet.com ; 18) j3sg.com (go to 'Institution Report' ; 19) data.nasdaq.com (NASDAQ Market Pathfinders = Buyers vs sellers) ; 20) valueprime.com 21) ise.com - Quotes/Volatility )