010. PIGGISH PLAY - Long UnitedHealth Group (UNH)

2020年7月13日

UnitedHealth appears to be the best in class in a sector that has been somewhat overlooked in recent weeks. The trend is strong, the wave counts are clear, and the buy zone is tight because there is an impending breakout coming shortly. The zig-zag move upward indicates a sub-wave diagonal 1, which has historically given way to powerful future breakouts after consolidation.

With strong earnings to be expected before the open Monday, this play should yield nicely if calls for 7/24 are entered when the price enters the buy zone. On the conservative end, I would expect a move to all-time highs by end of week and then a continuation into next. More aggressive speculation suggests a move of about 50 points + by end of this week.

Either way, it's a solid move that you don't have to chase, which is becoming an increasingly difficult task as more of the market melts up.

Don't chase, never chase.

- Perma

2020年7月13日

註釋

Sorry, earnings are confirmed Wednesday before open, not Monday. Could be a decent idea to wait until Tuesday unless this pops in anticipation and on a strong green day tomorrow.

2020年7月13日

交易進行

This Piggish Play should be the focus for tomorrow and Wednesday. The other active Piggish Plays are going to be much harder to trade profitably tomorrow, so would advise building your positions around UnitedHealth.

2020年7月17日

交易進行

Hold this and go to sleep.

2020年7月22日

交易進行

keep holding, keep sleeping, etc.

2020年8月14日

交易進行

Add equity to pure options positions. Dividends should grow into next quarter and you don't want to not partake in that/get shafted on the ex-date.

2020年8月19日

交易結束：目標達成