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 happy to name names. Just ask.
Subscribers to All Star Options come to us for option trade ideas which take advantage of directional edges the All Star Charts research team uncovers through exhaustive technical analysis. We are not beholden to any particular type of strategy, options spread, or timeframe. We simply examine each opportunity on a case-by-case basis and make an informed decision on what we feel is a good way to play a particular situation. We might not always end up picking the “best” way to leverage into a opportunity, but we think over time and over many iterations, our good decisions compound favorably.
We’re just as likely to go long premium as we are to go short premium. Sometimes we just buy long calls, and other times we put on bullish Risk Reversal trades. Or maybe we’ll sell a Bear Call Spread or a bearish Put Calendar Spread. We simply choose strategies that we think align best with the current volatility environment, our time frame, and our expected move — often with significant margin for error or defined risk. [Read more…]