So we got NRG, which is, I mean, if remember we, we drew these lines as pressure points and out of nowhere, boom took off. Let’s look at the options on this one, the 40 coming up this week. Yeah. Yeah. I see it. Cause if we break out of the 39, well, first off let’s count five days, 1, 2, 3, 4, 5. So we’re at 34. So it’s a three,
9% gain.
A diaper set gate gets us to 40, 62. So is it in the works? Yes. Per to pay 22 cents for it? You’re better off paying 25 cents for a 39.
It’s just cheaper For a dollar you’re saving or you’re spending 3 cents. Well, two and a half cents really, but you’re gaining a whole dollar. It’s that, that one makes more sense right there. If you believe NRG is about to take off a little bit higher, if you don’t then don’t, but again, for the little quick gamble, $20, it’s more expensive than oil, but it’s still not really expensive for a potential turning into a, a dollar 25. If that makes sense. Hope you caught me. So that’s five X give or take duke energy frustrated me a little bit, but if you see it, it looks poised to break above that. One-On-One 91. So let’s come over here. Let’s see. Yes. He look at this, the 1 10, 1 10.
So people are banking that it’s going to break to here and beat the breakout of this number that it did twice. That would be what that is a lot for two and a half pennies. That’s a lot, that’s a big number right there for duke energy. That’s I mean, that’s, I mean, it’s not, it’s not costing a lot, but for someone to just put 13,000 contracts on something, let’s see. Well, that, that is a lot because each of that’s $2 per contract and there’s 13,000 of them. So if someone’s betting $26,000 on that and the one right above, we’re looking at 5,000 times seven, so that’s even more money. So it doesn’t look like a lot, but in all actuality, that’s let’s bank on that’s 5,000 times seven. Yeah. $35,000 banking on that. So 35 plus what did I say? 26. So there’s like 50, $60,000 banking. Then it’s about the break out break above, even in the, in the July option exploration, the 1 0 5 has a little bit of money in it. I mean, I gotta try it. It’s it’s $2 and 50 cents, maybe $5. Somewhat. If people are going to put that much money behind it, I don’t see why not. You might as well go for the 1 0 5 because it’s only 7 cents. I mean, well, it’s three times more. So that’s why I understand why they put a lot of the thirteens out there, but duke that’s a lot of contracts, a whole heap load of them.
I liked him. Is this fun? Isn’t enjoyable. All right. Let’s check out D T E. Okay.
All of our utility and oil stocks should be going higher just for the simple fact. It’s mostly commodity based M D T E 1 38. Looks like we found some support right at right at right before bounce or, you know the break right here. We have 1, 2, 3, 4 touches right there. That’s that is, it had the opportunity to go down, but then shot up $2 at the end. Ended on a high that looks pretty promising. There is absolutely no option action at all. Nothing. yeah. And you’re going to pay pretty much for 40 fives. You’re paying extrinsic value, 40 cents $40 for that. The risk reward. Isn’t really there. I don’t see it. I like it. Don’t get me wrong. I like it. I just don’t see. It’s difficult to, to profit right there. Middlesex is another one bounced. Perfect. Let’s see. Do we see any,
Okay. Yeah, there is nothing, no volume. Yeah. No. It looks great, but there’s there’s as you see, there’s nothing. I actually, this makes a lot of sense too, because I keep having, I have Middlesex, I bought an auction, which was pretty stupid for this one reason. You see how the extrinsic values at $2 and 50 cents? Well, that’s obviously fake because I have been trying to sell my option for Middlesex water for what about a week and a half at 5 cents. And it will not sell. There is nobody here. Nobody wants there’s no one interested. So buyer beware,
Brookfield energy or renewing we’re partners. This looks pretty good. Went from 30. Let’s see as 18% gain. Wow. How many days let’s go back. 1, 2, 3, 4, 5. Let’s just check these five days. What can they do in a, in a week, 15% in a week? 1, 2, 3, 4, 5. So let’s see the bottom to the top. That was a 3%. So a 4% gain, 4% gets us to 41. I see. At least we got a little bit of action in here. Not much, but a little bit of action for the forties and for the look at it’s the 40 fives, we got 5 cents out there. I don’t really, I see 41. That’s what we looked at all. Like I said, this is, this is a week two. So 1, 2, 3, 4, 5. It has the potential to pop up 15%. So 15% Brings us to 45 give or take. So 45. It has the potential. It’s kind of like money away. I’m not gonna lie. You’re better off just spending 12 more dollars and go for the 40 fives one month out. If that’s what you want to do, which would make more sense, honestly trying to play it like that to 40 fives. Give it a whole month. And then if you catch this, you’re good. But 18% in four days, I don’t see it. Eh. Hmm. Well, let’s look next week. There’s always next week, right?
Sorry about that. That was probably dizzy supernova or Senova yeah, it looks, yeah. I mean, it’s changed direction. It’s on it’s upward trajectory. 1, 2, 3, 4, 5 whoa. That’s 22%.
22%
Ladies and gentlemen,
And it is really cheap. The implied volatility is, is way up there. No, that’s not cheap at all. You’re spending a lot. You’re spending a lot, but look at the deal. They’re starting. The July’s are starting to kind of cake in, but there’s no, like there’s nothing out there. That’s like, whoa, you know what I mean? Like the forties. Yeah. It’s just nice. Cause it’s cheap, but I don’t see any huge, huge money there. A E S I like it. I like it a lot. Let’s check out the options. See, see what I’m saying? See what I’m saying. This is a little bit different. Now we got 7,000. We got 15,000 contracts all within best banking on the 27th. That’s some numbers I like to see right up to here to 27. I like those numbers. There’s a lot of money out there that’s doing for that even 700 all the way up to the 28. That’s a little bit more interesting. All right. That’s that is $14,000 Invested on 27. I don’t know. Maybe $14,000 is nothing to you, but $14,000 is a good amount of money for me, just to bet on something. Right. Then we got another one right here, which would be $1,400 on a 28. But then the big numbers right here, 7,000 contracts, right? So six, well, 600, 908, 7 times 25 cents. Oops, not 25 cents. It’s $25, 6, 9, 8, 7 times 25. So there’s 147,000, a hundred thousand little over 150, $40,000 banking. That is going to go past the 26th. That’s some decent money, right? Sure. Beats the Sonova where’s like maybe five, $300. Right? So that sparks my interest. A E S Of course, I’m going to go for the $2, right? I should go for the, the 25 cents. Right.
Kind of both. What? Pay $30. You get one of both and it’s almost impossible. It’s, it’s hard to argue. It’s not like it’s very expensive, right? So again, mind you, you don’t have to put up all the money. I’m just looking through it. This is just fun. Money. I D oh my goodness. Look at this. This is on a tear. 1, 2, 3, 4. Look at this in the last five days or four days, looking at 4% gain in four days. But no, but no, you guys see what I’m saying? There is nothing. There are no contracts, no one is trading Ida. Not at all. Nothing, nothing interesting. So that is very disappointing. Very disappointing because it looks beautiful. But no, I don’t think we have an edge, a Merican water. All right. Let’s see. We’re looking at the breakout over 1 62. Ah, yeah. Look at this. We got some action. Way more than a, the one we were just looking at, you know, Ida, Idaho court, whatever it is, had nothing. Here we go.
What? The 200? Yeah. This makes absolutely no sense. Why Would someone be banking, $1,200 on that? That doesn’t make any sense. It’s not enough to, for me to want to chase way that far. Right. That’s extremely far 200,
The one sec. Cause you’re talking way up here. There gotta be. They’d have to know something that nobody else knows. I don’t really see it. I see. Maybe in for that much money, why would you spend, okay. You’re spending $3 when you F you could just, you know, buy the seventies for 7 cents. So it just doesn’t make any sense to me. Right? So I, I would say this for 7 cents, right? 7 cents. That’s, that’s a decent little gamble, but that’s not there. I don’t know. I’m I’m not, I’m not convinced on that one Republic services. I enjoy this one. This looks great for me. Maybe not for options, but for, for stock or to buy, you know, credit spreads, you know, put credit spreads. That would probably work on the other ones as well. Yeah. See, you’re not getting any kind of action. There’s no action over here.
This is like sleep good night. Go to bed. It has no action. So again, follow the money. And we done, we found NRG duke and H E S R our winners today on speculative, whatever you want to call it. Erik, we’ll just call it Erik. Johnson’s looking for crazy interest or crazy volume or open interest. There we go. Now that sounded absolutely horrible. We have to work on that. If you have any suggestions on what we call this and let me know, but I hope you understand what I’m looking at right now. I’m gonna show you there is nothing right? Bore rain. Now let’s go to something that’s not boring, not boring. Right? Let’s go to another, not boring. One, not boring. Does that make sense? Go to a boring one. So you know what I’m saying? Boring. We’re looking at the open interest. Nothing snooze, no volume, nothing go to one. That’s not that a we’ll go to AEs. Boom. See? Interesting. All right. Have a great one.
Okay for utilities. Our first stock is a Nova, which I’m just disgusted with this dock, which is my own fault. I truly believe in their technology, what they’re doing. I see a huge potential in the future. However it looks absolutely horrendous and it doesn’t see like it’s going to subside anytime soon. Yeah, I mean, if it was a beautiful short from 40 to basically 20, so it’s a 50% haircut basically from the very high of it. It’s an over 50% haircut and it looks like it could just roll over even further. It doesn’t look like this is any where close to being over and done with. So it looks like a next target may be 2375.
We got a Barrack and water. Look at the momentum. The momentum is pushing this stock hopefully to break out at the one 62 I would’ve loved to see that it closed above. Hold on a second. Let me look at this. Where is this? This is one 56 36. Oh, did it closed above the line that we, we drew yesterday? It just doesn’t look like it. Because we closed at 43. This is, well, I don’t know it’s right at it. I mean, it’s literally right at it. It’s too close for me to be able to see. No, I’m just curious. Yup. There it goes. So we closed above it. Not by very much by three set. No, no, but like you have like 3 cents, but we closed above it, which is, I mean, we look 12 or 22 minutes before we were below it. So it barely closed above our resistance or resistance now turned into support, which is a beautiful thing, which means that next target would be the one 60. And I think that we could probably get there this week cause the squeeze. So I think we might blow like this squeeze my fire off and we were headed to one 60. No problem.
We’re republic services. I see. I mean, look the moment. I don’t see anything wrong with this stock. Parabolic moves. I mean, look from March, this has just gone straight up, straight up. So, and then it’s just in more or less consolidation period. The 50 has jumped higher than 100 closer and it looks like at what our main momentum has shifted as well. It looks like within the next week. So we should get the pop and at least test the one 11, if not the one 13, which is right here, Brookfield, renewable partners had a great run-up here, but yeah, it looks like we’re going to the 37. If it can hold this 37 for at least maybe a week, right. Then I’d want to get into it. But right here, if it comes crashing into this 37, I don’t trust it. I don’t trust it at all. We have a lot of single prints right here, most likely up into right here. So we could just fill those, those prints all the way down to here. And then I would want to see kind of like that a U shaped instead of a V shape.
I had a Corp. Well, our utilities just don’t look very good. The only other utility it looks good is Republic services. However, this, we might, this might have a little bit of promise just because of how it closed on Friday. So you see, this is, this is what I want to see with BEP, how it came with Brookfield, how it came down, it kind of rounded the bottom and now it’s starting to head back up. That’s what I want to see. Cause it’s, I mean, we hit the 50 or we, we blew past the 50. We hit the a hundred we’re on our way back up and it closed above the 98, 48 or 49. So far I would say this one Republic services looks to the best A E S
No, no. Yeah. We closed above and our momentum shifting. I actually like, if this would, if you were to get in at any given time, this would be the time. This would be the time for at least a test of a 26. I’m not saying do it. I’m just saying if this would be the time to do it, or if you were going to do it, this would be the time. And hopefully with a break above the hundred and then at least touching the 50, but be careful. Now we have duke Energy. Yeah, Man, not happy with you, duke. I’m not happy at all. What’s going on, man. Get back up to these levels. One oh five. So I got in right here or no, I think I got in my right here and it popped up the very next day. I did not take profits. And then I don’t know what happened on this day. I didn’t take profits. And so I’m quite frustrated. I want this to at least hit a one oh six so I can salvage and profit. But our momentum looks terrible. It’s shifting down, but if this can get up break, at least the one oh three, then this momentum is going to shift extremely fast. And I would say, we’re looking for a breakout of one oh six. It’s just taking a minute for it to get there. Middlesex, watch her looking good, looking real good. See, this is kind of what I figured. So we had a beautiful pop, right? This was the 25th. And you know, we, I mean, we it’s taken a minute to get higher, but look, all it’s done is wait for the nine to catch up to it. And the, and the the 20, so now that’s popped on the nine. I can see that it could continue its grind higher two 87 91,
DTE energy Just fired short on the squeeze. I’m not convinced this is a short cause. Look, it’s hard. One, two, three, four, five days, right? Of just basic, literally going anywhere. And yeah, we had a red day on Friday, which means, you know, inspired to squeeze, but not a convincing cause that, I mean, that is not, I can, it looks large, but it’s not a convincing red day. It does not look like they’re ready to, to get throw in the white towel. Cause we’re more, we’re close to, we’re pretty close to the one 45. And we’re re like, look, we’re at bounce last time, bounce. Last time on the 50, it hit the 50 it bounce and come back a little bit, but it didn’t touch yet. So I mean, Monday we’ll have to see, but I don’t see it going down to one 35.
I see the higher probability probably going to one 41. Now I could be completely wrong, but that’s, that’s kind of what I’m saying. Cause it’s also, it’s it’s has it’s it’s in converts. It’s like right in the middle hit the 50, but then also hit the nine on the downside. So that’s difficult for me to really say I kind of stay away from that. But if you were if you can tolerate more risk than I can, I would actually go long run NRG. Oh wow. Look at that. So in, so Thursday, it, if you remember last week out, this was just a dead duck. This was terrible. But in one day, I mean, it’s not that big of numbers. It’s like a dollar and 50 cents, but we, we re the bulls retook or took back over, right. They shorted it all the way down.
And then this is Monday, Tuesday or Tuesday, Wednesday, Thursday, Friday come Tuesday. They bounced it down a little bit. And then Wednesday, Thursday and or Wednesday, Thursday, Friday, Thursday, Friday, not bad. So energy, energy, it might be looking like it wants to start heading and going to the high side testing at 44, which makes sense because oil is extremely high. So this is one I’ll keep my eye on. Maybe by some, some out, some outdated or some further dated out of the money options at maybe like 38. Cause it’s not going to cost you very much, but if this starts really getting going, don’t forget. We still have a longterm gap back here at the 42, which is really not that long. It was just in March. So I mean it’s two months ago we were trading at $41. So it’s not like it’s, it’s a crazy for you to say that it could be close to the $41 sooner than later. All right. Have a great one.
We have American water, which is basically right up to its big resistance. Hmm. So this is Thursday. All right. Thursday was a terrible day. 55 to 53, basically. Yeah. That was a nasty day. However, it was a beautiful day for us, for what it did. It shook itself out and we began the squeeze. Yeah. Cause it makes sense. Consolidation, periods, consolidation, period. Well, this was a liquidation, basically. Liquidation break it, everybody out. We can’t out consolidation. Our moving averages moved back positive above the 50. We retested the 50 after breaking out or getting basically to our our zone on Monday and then reached our 50, which is beautiful. And now we’re looking to go up. Momentum shifted on Friday as well. A WK looks like we are finally going to break out of this level of 56, 41 with the upcoming Week. Middlesex. I like it. Look at this as well. That’s a sucks. I was, I was late. Right. So
I didn’t give myself enough time. This looks amazing. It looks like we’re headed up to the here. Finally I got in here to break out, but it took from basically from April 30th to May 30th for it to do something. So I didn’t get anything on this, which is terrible, but whatever. It’s finally starting to break out and I still say, this is beautiful looking to go to 87 to 89 or to 91 and finally broke out and broke out beautifully. So look for it to continue. Ida, if you squeeze broke low, but we just hit the hundred. If you were to just be like a textbook trader our technical trader all the way by with a very short stop, just because it hit the 100. So there should be some buyers there to pop us up to probably the 99 48. But don’t forget, you have a big level right here at the 98 48. So that’s hard. I kind of see what would happen again. If you were just to trace during textbook, this would be your entry Point right here. Duke
Very frustrated with duke. I, I w I thought here we would start to transition at least attempt to go to one oh six, but we literally have gone five straight days down with a squeeze looking down. So what looked amazing here looks terrible here. Republic services. I, I, this, this looks pretty decent to me. We had three down days, which was pretty much consolidated. Like it didn’t go very far down. And then Thursday, we had a decent, strong update, which closed above Wednesday’s high. Then Friday, it looks like we almost held the two six extension, but we’ll see til Monday, I don’t really see there’s too much issue with this. We are in negative. We are in a squeeze with downward momentum. I don’t really see it. I kind of see that we can transition ourselves up to at least one 12. So Nova still ugly. Stay out of the way. A E S no. I mean, it’s holding the, the nine, nine period moving average, but Has To really kind of get above the a hundred before I even want to talk about it. D T E. Well, this is like heavy momentum down. We are closer to 50. So wash the 50. We ha we’re really not that far away from the hunt or like the high. So just keep that in mind as the 50 keeps creeping higher, the momentum says down, however, on these last three down days, it actually kind of float higher, right? It’s yes, it’s down, but it flowed higher. Right? So it’s bringing our moving average higher than lower. So I kind of see maybe Monday or Tuesday tomorrow, we hit the 50 and then look for it to try to transition back up to the high. Yeah, I, yeah, it just, just keeps wanting to go lower. Doesn’t it? It just doesn’t want to go. We drew lines two weeks ago and it broke down and we drew lines last week and it broke down. So it just doesn’t look like it wants to go higher at all. It looks like it wants to go lower. Yeah.
Brookfield energy, renewable partners looks good. The hundred it’s it makes sense. It’s trying to battle above the hundred as it’s, it’s trying to change direction, change from being down to being now, if it can get above the a hundred, it’ll be a positive stock. So, or just above the 100, not a positive stock, but a above 100. So it makes sense. There’ll be some resistance there. We’re looking at the nine has came all the way back or caught all the way up. See the bounce off the nine or the 20, and then see if we can gain enough momentum to break through the 100. Alright, so you guys next week,
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