This is the weekly post that aggregates all the charts we put together throughout the week and organizes them all into one, easy to flip through deck.
[Options Premium] Weekly Jam Sessions
Happy Friday everyone! It’s a rare Friday when the U.S. Stock Market is closed!
I wanted to take this opportunity to remind you all that each Friday afternoon I post up a short video for subscribers highlighting any activity amongst ASO trades in the past week.
We review trades I exited (due to hitting profit targets or stop losses), adjustments to any open positions, and we quickly go through any new trades entered during the week.
It’s an opportunity for you to see how I manage my trades and it is my hope that you find it to be a learning process and a Best Practices refresher to help you as you navigate your own trade management.
New videos are posted up each Friday afternoon here. Bookmark that link and come back to it each week to get up to date on all ASO action!
Here’s that link again: https://allstarcharts.com/jamsession/
P.S. Today’s video is already live. We recorded it yesterday afternoon after the market closed.
[Options] It’s no OXYmoron to get long in this tape.
Yes, it’s tricky both tactically and mentally to get long in the stock market right now. One look at the broader indexes would give any rookie market technician pause.
That said, there are still pockets of strength that are working and growing stronger — both on a relative and an absolute basis. Which, by the way, is not uncommon. Even in the most vicious bear markets, there are often certain sectors that see gains. And so a bear market may force us to be more selective when searching for bullish bets, but the opportunities are there for those willing to do the work.
With that in mind, today’s trade is one of those names that is thriving in this current market environment.
[Options Premium] Big Base in a Big Space
When one of the biggest stocks in the world in one of the most well-known names in the world breaks out of a two-year base to new all-time highs, we have to pay attention. There may be a lot of ways to interpret this price action, but one thing we cannot call this action is bearish.
And today’s early trading action and elevated options premiums are offering us a good opportunity to get advantageously positioned for a big move. [Read more…]
[Options] What Happens to Long Options Positions on Expiration Day ?
What Happens on Expiration Day when I’m holding long options?
I’ve gotten some questions recently about what happens to an open options position if we’re still in it when the contracts expire.
Caveat: I will rarely hold an options contract in ASO trades into expiration unless it’s a winning position and it’s going my way. Profit targets or stop loss exits will usually get me out far in advance of expiration day.
Let’s dig in… [Read more…]
This Changes Everything
I promise this isn’t a “Go-Have-a-Baby” post that talks about how the greatest thing a human can do is procreate.
I’ve recently come to somewhat believe that. But I won’t be that guy here.
My friend Michael Nauss (@michaelnaussCMT on Twitter) just welcomed his first child into the world – a beautiful baby boy – and I couldn’t be happier for him.
And it got me thinking about all the ways my perspectives on things have changed since becoming a father myself nearly 8 years ago.
The biggest change for me is that I’m only now beginning to fully appreciate the hard work and sacrifice my mother had to go through to raise me and my two younger siblings.
My father left our house and the divorce process began when I was about 7 years old. At that time, my mom was a stay-at-home mom with no source of income. And my dad, while well-intentioned, was pretty much a deadbeat when it came to finances. So she was basically left to fend for herself with no money and no family around to help out. [Read more…]
[Options] Industrial-Sized Range to Sell Premium In.
Volatility is not done with us yet. It ain’t going down without a fight! At the time I’m writing this, $VIX is +15% on the day and +31% since Monday’s close.
This has me back on the hunt for some premium selling opportunities.
And an ETF on our radar that checks the boxes of elevated premium, potential rangebound trading action, and a good fade opportunity is the $XLI Industrials ETF.
Check out this chart of $XLI: [Read more…]
[Options Premium] Nice Base in the Right Space*
*Steve Strazza wants you all to know that HE came up with this title 😉
I have to be honest, its been hard looking for spots to put more bullish exposure on. Many stocks we like have already had significant bullish runs over the past three weeks. Buying some of these names here would feel like I’m asking to get smacked in the face by a long overdue pullback.
The commodity space is no exception. But we’ve found a name that looks like its just setting up for a fresh breakout so let’s get right to it.
- « Previous Page
- 1
- …
- 32
- 33
- 34
- 35
- 36
- …
- 339
- Next Page »