Skip to main content

I love getting involved in stocks breaking out to new all time highs. I love it even more when I can leverage into the play with long options when volatility is low. The bang for the buck if you get hold of a big mover is so much more powerful.

...
All Star Options
Options
Options Premium
Members Only

Stocks are set to rip higher at the open today, which makes it tough to buy into some bullish opportunities here as they all will be running away from us. However, there is one name setting up where today's enthusiasm should help us push through some...

All Star Options
Options
Options Premium
Members Only

If broader markets are going to continue higher, we've got to expect the banks to participate and even lead. If that's the case, we're limiting our risk and betting on one of the bluest of the Blue Chips breaking into blue skies.

All Star Options
Options
Options Premium
Members Only

The technical reasons for remaining bullish US Stocks continue to outnumber the bearish reasons. And there are some stocks already getting started on the next leg higher. Though we are in the bullish camp over here, some elevated caution is necessary...

All Star Options
Options
Options Premium
Members Only

Boeing got hit hard in recent months due to trouble with their planes and a grounding of their 737 Max fleet. But here's the real newsflash that we should be paying attention to: Airlines still need new airplanes because humans still want to fly...

All Star Options
Options
Options Premium
Members Only

Markets appear to want to move higher. Regardless of our opinions, regardless of our fears, the only thing worth paying attention to is Price. And prices look higher. Heading into summer, let's go on a trip.

All Star Options
Options
Options Premium
Members Only

One of the things I harp on here is Best Practices. When I make it a habit to engage in best practices in terms of both strategy selection and position management, I put myself in position to win more often.

Best Practices skews odds in my...

Options
ASC

There are a number of great services for options traders out there that offer smart ideas for premium selling, or Iron Condor trading, or earnings trades -- I'm friends with many of the best practitioners. They are fantastic at what they do and I'm...

Options
ASC

The drama queens have been in full force this weekend coming into the opening of trading this Monday morning. Here was my observation after rolling out of bed:

Geez, I shoulda checked...

Options
ASC

As we head into June Expiration, there are a number of open positions with options expiring in June that may need some attention. Generally speaking as we approach any expiration, it is a Best Practice to begin aggressively weeding out or rolling out...

All Star Options
All
Options
Options Premium
Members Only

We're tracking a household name that -- with the exception of four wild days during the Christmas nadir -- has been riding it's 200-day moving average quietly higher and is setting up for what could be a big move.

 

All Star Options
Options
Options Premium
Members Only

When you're bullish on a name and options prices -- in terms of volatility -- are the cheapest they've been all year, the prudent move is often the simplest move: buy longer-dated calls. And the decision is even simpler when you have a clearly defined...

All Star Options
Options
Options Premium
Members Only

Like a fly to honey, I'm always attracted to asymmetric opportunities that offer limited risk and the potential for unlimited gains. Trading options allows us to quite literally create these types of risk/reward opportunities every day. It's...

Options
ASC

Stocks have lost firm footing in recent weeks. And while things may look a little sloppy out there in some corners, it is a constructive exercise to focus our attention on the sectors and stocks that are holding up well in this tape.

An iconic...

All Star Options
Options
Options Premium
Members Only

As US stocks rallied for most of this year, many stocks in the Metals, Mining, Coal, and Steel sectors could not get out of their own way and refused to participate in the broad rally. Back in March, All Star Charts...

All Star Options
Options
Options Premium
Members Only