Expert technical analysis of financial markets by JC Parets
Well here we are, the first “panic” of 2020. Markets are selling off a bit, the TV and twitter birds are chirping, trying their best to get you to act irresponsibly in your portfolio. And maybe you’re even feeling a bit of unfamiliar heat on some of your long positions. Time to get scared, right?
Maybe. I dunno. But this I do know — fear subsides. And in options trading parlance, volatility mean reverts. I’m stepping in and selling the fear today. [Read more…]
In a recent piece, JC laid out the case for why we should be considering some bullish plays in the Utilities sector. A bunch of the stocks mentioned have already broken out, but another one is setting up nicely today so we’re getting to work here. [Read more…]
Looks like a stock that trades in sympathy with the Homebuilders sector (which we’re bullish on) is finally breaking out and ready for us to spring to action. [Read more…]
Earlier this week, we entered a trade in Intercontinental Exchange $ICE because we’re loving that stock and loving the sector. Well, there’s more stocks setting up here that are worthy of our attention. And another beauty is setting up with low volatility pricing in relatively cheap calls. [Read more…]
There’s a household name setting up for a bullish breakout to all-time highs sporting the lowest implied volatility in options prices in nearly three years! How do I not play this one?
These are my favorite types of setups and I get to play them simple. [Read more…]
Until further notice — given to us by price action — there is no reason to be on the hunt for bearish setups. There’s no award handed out for being the first to catch the turn. More than likely, you’ll needlessly exhaust a ton of capital — both money and emotional — taking hit after hit.
Let somebody else take the body blows.
One of the bullish setups JC and I discussed in the latest All Star Options monthly conference call is setting up and I feel like it’s getting ready to spring into action. [Read more…]
by JC
This is the video recording of the January 2020 Conference Call for Members of All Star Options [Read more…]
Welcome to 2020, where vision will not be in hindsight — except when using past trends to inform decisions on future price action.
I don’t know about you, but I’m pretty excited to kick off a year that is likely to see lots of volatility. Volatility is a traders best friend, when harnessed to our advantage. Sure, investors don’t like volatility. But active traders thrive in it. And that’s what we are here.
After that setup, I’m going to let you down with my first trade of the year being one to capture what we feel is some sideways action setting up in the metals space. LOL [Read more…]
