Trader puts on Bullish Bet in CZR into Earnings

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Caesars Entertainment Corporation owns, operates, or manages casino entertainment facilities. Its casino entertainment facilities include land-based casinos, riverboat or dockside casinos, and managed casinos, as well as casinos combined with a thoroughbred racetrack and a harness racetrack. Today we saw a trader bought 1,403 CZR 5.2.2014 18 Calls for $1.05 debit per a lot. This is bullish trade where a trader thinks the stock can move higher and maybe it is due to the catalyst event next week. Lets breakdown the trade:

The Trade: Trader bought 1,403 CZR 5.3.2014 18 Calls for $1.05
Their Risk: $147,315 Cash Outlay
Their Reward: Unlimited
Their Breakeven: $19.05

I am long these Calls for $1.10

Trader sees more Upside in CPN

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Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. Today a trader bought over 2,500 CPN May 22 Calls for $.60 debit. This trader has the right, but not obligation to buy 250,000 shares at $22 between now and expiration. I got into this trade a little too late, but I think CPN can move higher as the options activity that we saw was 30 times the usual volume it trades in a day. I think that CPN can trade north of $23, so I bought the CPN May 22 Calls for $.80 debit. Lets break down this trade.

The Trade: I bought the CPN May 22 Calls for $.80
Risk: $80 per 1 lot
Targets: $.95, $1.10, and $1.25

Greeks of this Trade:
Delta: Long
Gamma: Long
Theta: Short
Long: Vega

Bullish Activity in LNG

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Cheniere Energy (LNG) is an energy company engaged in the liquefied natural gas  related business. It operates through two segments, LNG Terminal Business, and LNG and Natural Gas Marketing Business. Today a trader bought 8300 LNG Jan 2015 65-80 Bull Call Spreads and sold the 45 Puts for $.40 credit. This trader will get LONG LNG at two different levels, $45 and $65. This is a bullish bet and the trader will make money as long as LNG stays above $44.60 by Jan 2015 expiration.

My Trade: Buying the Jan 2015 65 Calls for $4.55
Risk: $455 per 1 lot
Reward: Unlimited
Targets: 5, $5.00 and up every $.40

Greeks of this Trade:
Delta: Long
Gamma: Long
Theta: Short
Vega: Long

Trading the EUR/USD on the Ichimoku Cloud

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My favorite technical indicator is the Ichimoku Cloud also referred to as known as “The Cloud.”  This indicator is a free plug-in on TradingView, but a trader must know which time frame to use for the indicator.  The Ichimoku works best on the 4 Hour bar for forex and today we see a great signal for a mild pullback trader who likes to trade with the trend.

Let’s breakdown the trade:

Short EUR/USD at 1.378 at 12PM CST on the close of the bar
STOP LOSS: 1.3835
Target #1: 50% of the Stop: 1.3752
Target #2: 100% of the Stop: 1.372
Target #3: 150% of the Stop: 1.369
Target #4: 200% of the Stop: 1.3656

Once I hit Target #2, if I want, I can move my stop to breakeven.