Call Debit Spread
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The Big 3: ROKU, QCOM, SLM
Youtube· 2025-12-22 18:01
Group 1: Market Overview - The market is experiencing a potential rally, with expectations for a "Santa rally" during the holiday season [2][3]. Group 2: Roku - Roku is favored due to its position as a streaming platform, benefiting from the trend of consumers leaving cable [3]. - Technical indicators show bullish sentiment, with the stock trading above key moving averages, including the 200 and 50 simple moving averages [3][9]. - The larger swing targets for Roku are identified at 124 and 132, with a current trading price around 111.27, reflecting a year-to-date increase of approximately 50% [12]. Group 3: Qualcomm - Qualcomm is also receiving bullish sentiment, particularly after completing the Alpha Wave semi acquisition [12]. - The stock has strong technical support between 163 and 172, with a defined risk if it falls below 163 [14][15]. - A call debit spread is suggested with a risk of 92 to potentially make 408, targeting prices of 218 and 235 [15]. Group 4: SLM Corp - SLM Corp is viewed bearishly, with all moving averages indicating a bearish trend and a significant resistance cluster between 27 and 30 [25][26]. - A broken wing butterfly strategy is proposed, risking 40 to make 80, with targets set at 24 and 22 [25]. - The stock has shown a decline of 1.5% over the last 12 months, indicating a challenging market position [34].