4 Trade Ideas for BlackRock: Bonus Idea

  • Posted by on September 21st, 2026 at 7:15 am

Here is your Bonus Idea with links to the full Top Ten:

BlackRock, $BLK, comes into the week trying to reverse higher after a pullback to the 200 day SMA. It has an RSI rising in the bearish zone with the MACD negative after falling back but leveling. There is resistance at 1075 and 1105 before 1128 and 1139 then 1164 and 1183. Support is at 1037 and 1020. Short interest is low at 1.3%. The stock a dividend with an annual yield of 2.14%. And has traded ex dividend since September 8th.

The company is expected to report earnings next on October 12th. The October options chain shows limited open interest spread out on the put side biggest at 1000. On the call side there are chunks at 1050 and 1080. In the November chain open interest is again very light on the put side but on the call side has a chunk at 1100. Finally in the December chain there is OK open interest between 1080 and 1000 on the put side and then light and spread open interest on the call side.

BlackRock, Ticker: $BLK

Trade Idea 1: Buy the stock on a move over 1075 with a stop at 1035.

Trade Idea 2: Buy the stock on a move over 1075 and add an October 1070/1020 Put Spread ($23.90) while selling the November 1140 Calls ($21.10).

Trade Idea 3: Buy the October/November 1130 Call Calendar ($20.40) while selling the October 1010 Puts ($9.50).

Trade Idea 4: Buy the December 1000/1100/1200 Call Spread Risk Reversal ($14.50).

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday, which with the September FOMC meeting and September Quadruple Witching in the books, saw equities had weathered the storm fairly well and now were heading into an historically weak week.

Elsewhere, looked for Gold to continue the pause in its uptrend with Crude Oil continuing the short term move higher. The US Dollar Index looked to continue in a tight range testing the top of the zone while US Treasuries held the move lower at 22 year lows in price. The Shanghai Composite looked set to continue in consolidation while Emerging Markets showed risk to the uptrend with a lower high.

The Volatility Index looked to continue low in the normal zone, near the lows of the year keeping a tailwind behind equities. The chart of the QQQ continued to build a range over support on the shorter timeframe, while the SPY and IWM continued to face greater short term downward pressure as their bull flags become extended. The SPY and QQQ continued to look strong on the longer timeframe consolidating at the highs while the IWM now showed some risk to the uptrend. Use this information as you prepare for the coming week and trad’em well.