We had a resting GTC order filled at our profit target in the Paid-to-Play portfolio today:
For access to JC and Sean’s P2P options strategies, you must be a premium member of All Star Options P2P. Please login below.
Expert technical analysis of financial markets by JC Parets
We had a resting GTC order filled at our profit target in the Paid-to-Play portfolio today:
For access to JC and Sean’s P2P options strategies, you must be a premium member of All Star Options P2P. Please login below.
We had a resting GTC order filled at our profit target in the Paid-to-Play portfolio today: [Read more…]
In recent weeks, I’ve gotten several questions from subscribers to our Paid-to-Play income generating strategy wondering about discrepancies in my ETF implied volatility values vs. what they may have seen from whatever data source they personally use.
In many cases, what people see in my recorded videos simply represents a snapshot of when the video was recorded. Implied volatility values for options are dynamically updating throughout the day as stocks and options prices change. They are constantly in motion.
The other more common issue is that different platforms use different (often proprietary) calculations in their version of options implied volatility.
This may be frustrating for anyone who is looking for specific values in order to cue trades to happen. Thankfully, I am not.
I preach this all the time – I’m not at all concerned about the actual volatility score of an instrument. I don’t care how it’s measured. I only care about relative values.
In the case of measuring whether volatility is “high” or “low” for a particular instrument, I’m only focused on where the volatility in the instrument is today, compared to where it’s been over the past 6-12 months – in whichever method is used to calculate the actual value. This is a practice of being present in the now.
In the case of selecting a high-volatility instrument to initiate a delta-neutral credit spread, I like to choose one with higher volatility than its peers. Again, I don’t care about the actual value. I only care about whether it’s higher or lower than its friends. Easy peasy.
If you get trade ideas from me and you see a different IV score than what I’m seeing, don’t overthink it. Think instead in relative terms.
Trade ’em Well,
Sean McLaughlin
Chief Options Strategist
All Star Charts, Technical Analysis Research
Whoa baby. This might be a fun one. Or not. Either way, we’ll likely find out pretty quickly.
Chinese stocks continue to offer up interesting opportunities. And today’s trade is no exception. And to play it, we’re going to do it in a fairly aggressive manner, but with a tight risk management stop.
Let’s get right to it. [Read more…]
The next new position in our Paid-to-Play portfolio is: [Read more…]
We’ve adjusted a position in the Paid-to-Play portfolio today: [Read more…]
We’re already long some domestic semiconductor stocks via options (the trend is working). However, perhaps we’ve set our sights too close to home.
International stocks have been on a tear recently, showing even greater strength than the U.S. So maybe we should be looking for the strongest stocks, in the strongest sectors, in the strongest countries?
With this in mind, today’s trade takes us to Switzerland.
We’ve adjusted a position in the Paid-to-Play portfolio today: [Read more…]