As markets start to (relatively) calm down, trading opportunities with clearly defined risk management levels are once again starting to reveal themselves.
One such opportunity is presenting right now in the semi-conductors space. [Read more…]
Expert technical analysis of financial markets by JC Parets
As markets start to (relatively) calm down, trading opportunities with clearly defined risk management levels are once again starting to reveal themselves.
One such opportunity is presenting right now in the semi-conductors space. [Read more…]
A Bullish Trade? Is Sean crazy?
Believe it or not, there are stocks holding up “well” in this tape. “Well” is obviously a relative term.
JC published a bullish piece on Docusign $DOCU this week that speaks to me and I’m going to leverage this insane volatility into an options trade. [Read more…]
If you’re worried, scared, uncertain, unhappy, on tilt — or all of the above, depending on the hour — it’s ok to do nothing.
Cash is a position.
Cash is comfort. Cash is control. Cash is Safety. [Read more…]
On Monday, I laid out my plan for entering into $SPY Iron Condors steadily throughout the week. I entered into the final Iron Condor this morning and wanted to give you a little update on where we stand with them. [Read more…]
There are a lot people openly talking about the potential for the stock market to close while this coronavirus pandemic plays out.
This is a valid concern.
Naturally, the question becomes: “What happens to any open options positions I have on if expiration happens during a market closure?” [Read more…]
I’ll start by saying: this is no ordinary week. But you knew that.
If you are sitting on the sidelines, waiting for all this craziness to subside, that is not a bad idea at all. There is no reason to put our money at risk if we can’t get a handle on our own emotions during this highly uncertain time.
That said, for those who are willing to wade into these choppy waters with me — these insane premiums offer us the ability to sell premium FAR away from current prices. I’ll share with you my simple game plan for this week. [Read more…]
Risk management has to be our number one focus right now. This is no time to be lazy, hoping, or praying.
Yes, if you’re willing to wade in carefully, there can be some great opportunities for premium selling. But even then, we still have to be extra vigilant in protecting our capital.
I bring this up because I received an email from someone recently who didn’t follow his rules, and now finds himself severely underwater and wondering what to do next. We’ve all been there. Something unexpected happens, and now we’re like a deer in the headlights too frozen with indecision and unwilling to make any move whatsoever because we’re afraid we are going to compound the situation for the worse. It sucks.
Here’s the situation my friend finds himself in. Let’s learn from this. [Read more…]
Yesterday, $VIX printed the highest level we’ve seen since the financial crisis in 2008. That’s a twelve year high.
It exceeded the “government shutdown” spike of 2011, the Chinese stock market scare of 2015, the 2016 election fear mongering, and the Brexit noise.
Editors note: The chart police (aka, JC) would like me to point out that this is a weekly chart and the last bar on this graph is not complete. The horror!
We can point to a couple big reasons why volatility is spiking (Coronavirus, oil crashing) and a few smaller ones (we’re overdue, debt, whatever….). But none of that really matters. Only price pays, right @Alphatrends?
You come to All Star Options for options trade ideas. But you also come to ASO for responsible risk management and strategy selection. Here’s my thoughts now (subject to change as new information presents itself) for the next few weeks. [Read more…]