Unusual Options Activity In World Wrestling Entertainment, Inc.

World Wrestling Entertainment, Inc., an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

Along with watching the kung fu movies on Sat. it was all about watching wrestling on TV as well.  My era of wrestlers didn’t involve WWE superstar, John Cena, and his signature “you can’t see me” hand gesture.  Nor did I ever see Dwayne “The Rock” Johnson wrestle.  The only screen I ever see Dwayne on are the moving screen.  My era involved André the Giant and Hulk Hogan.  The rivalry that had is perhaps is one of the most important in professional wrestling history.

Image result for Andre the Giant’s

Andre the Giant’s real name was André René Roussimoff who also happen to be a French actor as well.  But his wrestling name was so fitting.  By the time Andre was 12, he was already 6 foot 3 and 240 lbs and later grew to 7 foot 4 and 540 lbs.

Image result for Hulk Hogan,

Terry Gene Bollea aka Hulk Hogan, was the Man.  He was the face of the WWE back then and is one the most popular professional wrestlers of all-time. However, I never got the pleasure to play his video game, Hulk Hogan’s Main Event.

Then I grew up and found out the WWE doesn’t exist to really entertain us, it’s about making money.  If you had held the stock in the last five years, well you would be up about 400% with EPS growth of 45% per year the last three years.  But if you still hold the stock, well you would be down about 30% since April.  The decline in the stock in recent months is largely due to declines in their viewership.  For example, SmackDown TV ratings declined 13% in the first quarter 2019 and the average attendance at WWE’s live events across North America fell 4% in June.

However, with the company’s third-quarter earnings report less than a week away, analysts remain bullish on WWE’s longer-term outlook.

Morgan Stanley Weighs In

On Wednesday, Morgan Stanley analyst Benjamin Swinburne reiterated his Overweight rating and $85 price target for WWE.

Swinburne said WWE has simply been struggling to meet high expectations in the past two quarters, but he said little has changed about the company’s fundamental outlook.

“Expectations aside, WWE continues to offer exposure to an asset with unique IP, rapidly growing revenues and FCF, and now at its lowest multiple since late ’17,” he wrote in a note.

Morgan Stanley is forecasting high single-digit EBITDA growth for WWE through 2025, and Swinburne said the 2019 sell-off is a buying opportunity.


And the Smart Money is taking notice because today I noticed bullish buying in the January $75 call options where they bought over 6,000 contracts.

At the moment, the momentum is to the downside, but limit. With three months before these contracts expire, there is plenty of time for momentum to reverse…and the catalyst could be when WWE announces earnings next week.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

Liberland show

In this episode our guest Pranav Badhwar, Representative to Washington, D.C., discusses:

1) How his Liberlandian journey ultimately began through his mother meeting up with Ayn Rand
2) His experience running for D.C. Council in 2014
3) His interactions with Ron Paul, and how they played a major role in his freedom-based growth

Contact Pranav:

Donate Bitcoin to support the Liberland Show: 1EP7WJDCsUsk2keEPBRZsi9Nmm8aBq1BHC

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*Our show is hosted by Adam J. Carswell

PPT technical analysis

PPT seen from the temporality of 1D we can see how the price has made a throwback to the resistance previously broken during the movement occurred in October 2019, the price has tested the area very well and the candle is showing a strong momentum of more than 20%, we can also see how the candle is so far above the support located at 0.00005310, indicated in the chart above by the horizontal black color, this is a key level of reclaim, if the price manages to close this way, it is very possible that we will see a next impulse towards our profit target located within the price range of 0.00007213 – 0.00007774, within that area the price could find strong resistance that makes the price fall.

PPT seen from the temporality of 4H, we can observe more closely the current movement of candles, where we see the momentum that has taken the price after testing the diagonal and enter the 1D demand zone, in this chart I just want to show the area of supply located at 0.00006561, indicated by the red horizontal color, this is an important supply level to take into account during the bullish movement, and is usually reversed once reached that level.

In conclusion, PPT shows a clean diagonal test so far, the current candle in 1D has found strong imposed, that if we manage to close above 0.00005310, it is very possible that we have a next bullish movement during the development of the current movement, however, if the price falls below the zone of demand located within the price range of 0.00004372 – 0.00004666, the price could go down in search of the bottom located at 0.00003438, with high probabilities of a greater reversal, therefore, I recommend to be very attentive to the action of the price in 1D and always remember to place your stop loss in all your operations to avoid possible invalidations during the movement.

As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.

You can follow me on Twitter: https://twitter.com/armijogarcia

Steem Should Reset their Payment System.

To get more customers they should use their old system of payment thus paying in sbd to push up the price of sbd and as sbd moves up it will by all means push the steem price high because uses will get steem power in addition also because the price of sbd is higher than steem other will prefer to change the sbd to steem and then convert to steem power which will also add value to the steem. But if it remains this way the price of steem is low and the users will feel lazy to post and earn less in return and the price of it is also not high so they will not post at all. So is high time they change the payment system and pay sbd instead of steem. Because when you look at the bull run of steem and sbd the system of payment was in sbd not steem and when they changed it to steem it started to drop because they started paying sbd, steem and steempower. So I think is better to go back to the normal ways of payment sbd and steempower for the best.

Am Back Again

I went offline for some time. I was trying to get my sh*t together then start my daily posting. Am now back I dont know if things will be the same as it was but lets all hope for the best. Thanks to scripsio for the support they have always been given me. Not like some other curators who just dont know how to manage their members but just get bored and remove members any how. We are all helping each other to get there because of the low in price of the system so if they act like they are on top and dont care about anyone they should continue doing that. And they will one get to know that we dont treat people like that because they will get such treatment not on platform but physical. Long live Scripsio much love….

AE technical analysis

AE seen from the temporality of 1D we can observe how the structure is forming a rounded floor, an upward pattern that should drive the price if we manage to stay above the zone of demand located within the price range of 0.00002114 – 0.00002248, indicated on the graph by the light blue rectangle, our first target profit is located within the price range of 0.00002748 – 0.00003145, this is an offer level where it is very possible that the price finds strong resistance and we have a correction towards the support delimited with the curvature of the rounded floor, the possible trajectory that the price could follow I have drawn in the chart above.

AE seen from the temporality of 4H, we can observe more closely the current movement of candles, the minor figure has formed an ascending wedge where the price has been contracting during its development, in the chart I have placed a yellow circle that indicates the important area to take into account during the next candles within this temporality, the price has to close tightly above the resistance of the figure so that we can reach our first target, otherwise the price could lean towards the theoretical target of this pattern and go in search of the first zone of demand in 1D.

In conclusion, the price has remained forming a series of HH and HL from the point where it found the support located at 0.00001760, until now has granted a 40% profit, which is something we must have very present to ensure our next move, for now the most advisable would be to wait for the reaction of the price in the resistance of the lower figure and look for some reversal in case of not closing up with sufficient force, always remember to place their stop loss in all their operations to avoid possible invalidations during the movement.

As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.

You can follow me on Twitter: https://twitter.com/armijogarcia

Two Minute Crypto – Altcoiner or Bitcoin Maximalist?

Please click the link below to listen to the 59th episode of my weekly crypto podcast ‘Two Minute Crypto.’ These are intended to be short, single-topic ramblings on some aspect of the cryptosphere. Consider dropping a like and or a review on iTunes or Podbean if you enjoy the podcast. Comments and critiques welcome.





Altcoiner or Bitcoin Maximalist?

Welcome to Two Minute Crypto. This episode is a little more personalized in tone and explores my own particular process of identifying the term which best exemplifies my crypto investment thesis.

If you’ve spent any time at all surveying the crypto landscape you’ve doubtless encountered the Alt Coiner – BTC Maximalist fault line. These two camps rarely have much good to say about each other though Bitcoin does generally seem to have the upper hand in any proof of concept argument. Regular listeners will know that I favour BTC over any other project in crypto. I won’t rehash this oft-stated position. However, I’m certainly not a BTC Maximalist – a crypto worldview I attempted to shed light on in last week’s episode.

As previously discussed, BTC accounts for approximately 70% of my crypto portfolio. It is also the only crypto I dollar-cost average into each and every week. Nonetheless, there are a number of Altcoin projects which I believe have obvious and sustainable potential – Ethereum, EOS and Cardano primary among them. In addition, I have a number of small positions in ‘wildcard’ projects such as Elastos, Nuls, NEO and others. Bitcoin Maximalist, therefore, is definitely not a good fit nor however, is Alt-Coiner. If I had to pick only one – it would be Bitcoin but, of course, I don’t. While I’m fairly confident BTC will remain unchallenged in terms of its claim as a store of value – blockchain offers so much more and there’s absolutely no proof that there, ‘can be only one.’

In pondering this I’ve finally decided on the nomenclature that correctly reflects my crypto investment thesis – I’m a Bitcoin Majoritarian. Yep, I just invented a word but I’m sure you get my meaning. The majority of my holdings are BTC. The majority of my future planned investments remain targeted on BTC. In addition, the majority of my time is spent researching BTC tech, developments, and market conditions – ergo I’m a BTC Majoritarian. Mostly Bitcoin but with a minority interest in other applications and iterations of crypto. So now I can rest easy and spend the next few years spreading BTC Majoritarianism to my heart’s content!

Thanks for listening.

APPC technical analysis

APPC seen from the temporality of 1W we can see how the structure of candles has remained following an excellent curvature, which represents a good sign of a close reversal of trend, the current series of candles has maintained a bullish movement from the double floor formed on 2 September 2019, the movement is being strongly supported by the RSI indicator, which shows bullish divergence, signaled within the indicator by a dark blue diagonal, the price could continue to rise from the current position to reach our first target profit located within the price range of 0 to reach our first target located within the price range of 0.00000758 – 0.00000929, indicated in the graph by the light blue rectangle, however, we could also have a backward movement close to the demand zone located at 0.00000333, indicated in the graph by the lower horizontal dark blue color before continuing towards our profit targets, in the graph I have traced through the drawing tool, the possible trajectory that the price should follow during its movement (the drawing only expresses the movement and not the time period).

APPC seen from the temporality of 1D we can observe more closely the current movement of candles, we see how the price has formed us 2 important HL after the double floor created in the zone of demand, this is a very good bullish signal, it is quite possible that this is the reason why we are currently seeing the formation of a symmetrical triangle that we can see in the chart delimited by the 2 dark blue diagonals, the price should continue to move within this continuation pattern before the bullish break, the black arrow within the chart indicates the target that should reach the next impulse.

In conclusion, APPC has an excellent candlestick structure that should result in a next bullish move towards the price range of 0.00000758 – 0.00000929, currently the formation of the triangle should give rise to an HL close to the support of the figure, before looking for the break, the safest position would be after confirming the break of the pattern, in the 1W chart I have also placed the next gain target located at 0.00002194 and the third profit target located at 0.00003791 which should be long term objectives if the price maintains the trend, for the moment I recommend to be very attentive to the development of the price within the lower figure to look for the best position in the long run, always remember to place stop loss in all your operations to avoid the possible invalidations during the movement.

As I always say, you have to be aware of the movement, invalidations can occur, there is no 100% reliable analysis, take your own precautions when trading.

You can follow me on Twitter: https://twitter.com/armijogarcia

When reality outdoes fiction

Excellent ink painting of recent creation, recreating a typical scene of the events that happened and still happen in what some call “Civilized Democratic Society” …
The author wanted to reflect a peak moment in which Catalan protesters protect themselves from the rain of rubber balls thrown by the “security” forces of the Spanish state.

  • Creation date: Week from October 14 to 20
  • Place: Barcelona, Catalunya, Western Europe
  • Author: myself after “stealing” the following twitter photo:

Sometimes, the effect caused by a painted image, oil, ink or pencil, is greater … We tend to think that a painting is almost fiction so we tend to contemplate it more closely.

Undoubtedly, the photo is much better than my gross electronic modification using a simple image editor but I’m sure you’ve been attracted to the painting, haven’t you?

Now, I want you to think deeper on the Catalan conflict… What’s your opinion about?

would not we deserve to be listened? Not only by the Spanish Government but also by International Community…

Do you think is fine to maintain this situation getting worst day after day?