No, not those semis! Semiconductors!

We're seeing more and more long-term breakouts from monster bases and increasing relative strength across the entire sector.

Case in point, here's a chart of KLA Corp $KLAC:

I own a 2015 model vehicle and I plan on driving this car until it crawls. I'm not interested in being in the rat-race of always having the sexy latest model car with the equally unsexy monthly car payments. Been there, done that. No longer interests me. I'd rather just keep my current ride on the road as long as I can.

It appears I'm not alone in this as companies that sell spare car parts are seeing their stocks perform very well. 

The ASC research time has been hitting the bong for some deep thinking and far out trade ideas. Tom Bruni published this piece on opportunities hidden behind a cloud of smoke in the marijuana stocks space.

One pretty speculative idea stood out to me which we'll be taking a hit off today.

For years, Domino's Pizza has been one of those stocks where I've remarked every time I look at a long term chart: "Holy Cow!" Ok, honestly, it usually involved more words in the f-bomb category of expletives. But man, what a monster run! Who knew there was so much money in a pizza delivery chain?

Wow! What an open for stocks today. The votes are in and investors have decided the winner is: STOCKS. Of course, I'm told there's some positive vaccines news which may be accounting for the run up we're seeing today. Either way, all the major stock indices are printing new all-time highs today --- something you don't see in bear markets.

Our latest Under the Hood report is out and there's a bevy of opportunities to choose from. And given the week we've just had, my favorite idea supports something I think we all could use a little more of -- rest.

This is the video recording and slides from the All Star Options Monthly Conference Call: November 6, 2020.

I don't think there's any doubt that we'll be seeing a surge in healthcare spending in the coming months and years. And while that makes for a good story, the charts in the healthcare sector offer a more compelling narrative.

Breaking away from custom here, we'll be taking a shot in a laggard in this sector that offers us a pretty clear risk management level and an affordable opportunity for us to buy time for the catch up to commence.

Depending on where you're located, the month of November means many of you are looking forward to your first snow falls of the season. Were I live here in Colorado, we've already had two snow storms -- the first one on the day after Labor Day!! Don't feel sorry for me though, we love it. And with all the wildfires Colorado has had recently, it was badly needed.

With snow on my mind, it feels fitting today's trade idea is also related to snow, if in name only.

As November gets under way, it’s time to review positions with November options that remain open (haven’t already hit profit targets or been stopped out).

Most trades I put on for All Star Options tend to have a minimum duration of 30 days (short premium plays) and often as long as 6-8 months (for long premium plays). As options approach expiration, greeks like theta and gamma start to become my enemy and whipsaw my P/L. Therefore, as options and spreads get into the expiration month, my best practice is to put each position on notice — it’s time to take action.

This month, we have four open positions with November options remaining on the books. All the rest have already hit their profit targets or stop loss levels. In the scoreboard below I denote the date we exited each position.

Here’s the scoreboard:

It's been a slow "ideas" week here at All Star Options for obvious reasons: the markets are getting destabilized ahead of the election and news flow on the Covid19 front.

As JC likes to remind us often -- there are no called strikes on Wall Street. We can sit in the batters box with the bat on our shoulders and just look at pitch after pitch without taking a swing.

This is one of those times.

If you love guacamole, chips, and buying on dips, you'll like this play. Our latest Under the Hood Report is out and a familiar eatery is offering up a nice deal for lunch.

Bullish setups continue to appear -- and work. Sure, there are plenty of reasons for weaker souls to sit on the sidelines over the next few weeks. But only price pays, and when we can use options to clearly define our risks while still participating in a chance for gains, we'd be irresponsible if we didn't step to the plate to take our swings.

Today's trade comes from the recently updated "2 to 100 Club" list and is a $3.7 billion online personal styling and clothing platform.