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All Star Options

[Options Premium] To the Clouds!

January 17, 2025

A stock featured in a recent Junior Hall of Famers report has triggered an entry today, and it has a lot of room to run.

Earnings are on the horizon, but we'll play this stock with a defined-risk spread that takes a little of the sting out of the options' cost while giving us the ability to participate in upside follow-through should we get it. 

 

All Star Options

[Options Premium] Squeeze Candidate

January 16, 2025

One of my junior analysts (Rick! He's the Man!) brought a stock to my attention that is in an attractive sector that could fly under the right conditions. 

Add to this that there is a high short interest and there is "meme" stock potential, and this could really be an upside portfolio-buster for us.

 

All Star Options

[Options Premium] Let's Sell Some Premium

January 13, 2025

With $VIX currently sporting a 20-handle, it feels like a good time to add some delta-neutral exposure to the portfolio.

So I'm scanning the list of liquid sector ETFs to see which one's offer good premiums and potential range-bound trading action.

Here's what I found:

 

All Star Options

[Options Premium] This Resource is Ready To Break its Range

January 10, 2025

As stocks continue to slide, there are certain sectors and individual names that are beginning to reveal their strength.

It is times like these that offer better than average potential rewards to risk if we mind our risks carefully.

Today's trade is in a stock that looks to be emerging from a two-year consolidation that has come at the end of a massive 10-year base!

 

All Star Options

[Options Premium] Textron Might Be Textbook?

January 8, 2025

Today's trade offers a nice opportunity to add some diversification to my mostly long book.

It's no secret that there has been a lot of weakness that has been masked by the performance of the broader indexes. 

We've got a well-diversified business that is showing signs of completing a pretty large top, so it might offer us some alpha on the downside if weakness spreads.

All Star Options

[Options Premium] Vertical Takeoff

January 3, 2025

Today's trade is in a stock who's price action is mimicking what their products delivers for its customers -- it's going vertical! How's that for kizmet?

That trade might classify as a "hard trade," but I'll be doing what I can to increase the odds of success in my favor.

All Star Options

[Options Premium] As Long As This Pattern Holds...

December 30, 2024

This post has been made public after the trade was closed and is no longer active. All information shared is for educational purposes only and does not constitute financial advice.

As long as the pattern in today's trade holds up high, then we can profit in today's trade.

If it follows through on the upside, all the better and we'll achieve our profit target all the sooner. But as long as it doesn't falter, that's all we need to profit.

Either way, we're leveraging what the options market is offering us to increase our odds of success.

Here's a one-year chart of YPF Sociedad Anonima $YPF:

All Star Options

[Options Premium] High and Tight

December 27, 2024

If the bull market is going to resume higher, we think the semiconductors will lead the way. 

We positioned in a bellwether last week. Today, we're going to get into a name that'll give us a little more juice if we're right.

All Star Options

[Options Premium] What a Racket

December 23, 2024

So JC just got back from a family trip to Disney and all he can talk about is "what a racket" Disney is.

Everything is overpriced, yet people pay. And they pay happily.

It sounds like a pretty good business -- especially if you're an investor.

Of course, we aren't investors here. But all this talk about Disney has us looking at the chart and we like the setup. 

So we're going to get involved.

All Star Options

[Options Premium] A Potential Quick Hitter

December 13, 2024

You guys in the chat room have been on fire lately!

I love the camaraderie that has been built among you guys and gals. The ideas, the mutual support, the multiple sets of eyes when a position needs our attention. So great.

You're all ONE! OF! US!

With this in mind, today's trade is in a name that has been discussed a few times of late in the chat. I've been waiting for a tradable support level to reveal itself, and we may be getting it right now, so let's get to it....