This is the video recording of the July 2019 Conference Call for Members of All Star Options [Read more…]
[Options Premium] Building a Breakout
Stocks are set to rip higher at the open today, which makes it tough to buy into some bullish opportunities here as they all will be running away from us. However, there is one name setting up where today’s enthusiasm should help us push through some minor resistance and get us targeting new all-time highs that were last seen back in September. [Read more…]
[Options Premium] Blue Skies
If broader markets are going to continue higher, we’ve got to expect the banks to participate and even lead. If that’s the case, we’re limiting our risk and betting on one of the bluest of the Blue Chips breaking into blue skies. [Read more…]
[Options Premium] Windows to High Prices
The technical reasons for remaining bullish US Stocks continue to outnumber the bearish reasons. And there are some stocks already getting started on the next leg higher. Though we are in the bullish camp over here, some elevated caution is necessary.
Today’s play is one that takes advantage of a well established trend, yet reduces our cost and has an exit in case an inflection point sending stocks the other way develops. [Read more…]
[Options Premium] Return Flight
Boeing got hit hard in recent months due to trouble with their planes and a grounding of their 737 Max fleet. But here’s the real newsflash that we should be paying attention to: Airlines still need new airplanes because humans still want to fly. Of course, we don’t really care what the “news” is about stocks we trade. We just follow price and volume action — both of which are pointing to an opportunity here. [Read more…]
[Options Premium] Traveling in Style
Markets appear to want to move higher. Regardless of our opinions, regardless of our fears, the only thing worth paying attention to is Price. And prices look higher. Heading into summer, let’s go on a trip. [Read more…]
[Options] Best Practices: Selling Half
One of the things I harp on here is Best Practices. When I make it a habit to engage in best practices in terms of both strategy selection and position management, I put myself in position to win more often.
Best Practices skews odds in my favor. It keeps me from swimming upstream against volatility currents. It keeps my risk lower. It helps with P/L consistency. And it helps me stick with trades that still have time to play out.
Selling Half is a position management best practice I employ most often when trading straight long calls and long puts. I like to sell half of my position when the value of the position has doubled. It can be very tempting to want to hold your entire position if it quickly runs up and you find yourself sitting on tremendous profits thanks to the leverage inherent in long options. And certainly, there are times when I wished I would’ve just sat on my hands as I watched a stock continue to fly higher. But for every one of those times I wish I had, there are easily five other times I’m glad I hadn’t.
You see, when a position doubles or triples (or more) in size, the open profits are nice — but they are distracting. What??? Hear me out… [Read more…]
[Options] When to Press, When to Manage
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…]
- « Previous Page
- 1
- …
- 105
- 106
- 107
- 108
- 109
- …
- 131
- Next Page »