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[Options Premium] Patiently Betting on a Turn Abroad

By Sean McLaughlin

February 28, 2024
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Here's something we don't do very often -- we're going to patiently leg into a position.

Bottoms are a process, and we're taking a position that is betting on a turn on a much-maligned overseas market.

We think the turn can be messy and sloppy sideways for a little longer, which will allow us to get better prices if we go into it with a plan.

 

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Sean McLaughlin

Chief Options Strategist, All Star Charts

Since 2018, Sean has served the financial community as Chief Options Strategist for All Star Charts, sharing his unique style of options trading, leveraging the best-in-class technical analysis offered by the All Star Charts research team.

In all endeavors, Sean has been consistent in building a support system around himself and for others that he wishes he had when he started out back in 1998.

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