SMH…needs closes over 54 to confirm further strength.
UNH…release their earnings tomorrow before the bell.
Profit taking into the 102 area will provide punters an opportunity to buy cheap upside
using the Friday Jan 23 Expiration (weekly).
Be patient and wait until at least London’s close to look at this name for a possible hold.
Punters should stay to strikes @ 110 or lower.
HCA…needs price action and a close over 71 to get it out of profit taking mode.
68.01 is the monthly ORL # with resting sell stops below.
NFLX…releases after the close. This is a tough one based off the charts.
It looks like it could move 70 dollars up or down from here.
250-235 on the downside.
400 looks to be upside resistance @ it’s 200DMA.
Punters…This looks ripe for a strangle for Friday expiration.
Time to get out your earnings calendar.
Biotech punts remain your best opportunity. Look at those with weekly options expiration if you want to play.