Very short email today, because this weekend isn’t the normal “relax on the beach with a book” weekend for me… I’m going to be putting in the after-hours work in order to find some new opportunities for my Options360...
Read MoreBuying “Lottery” Tickets Too often, new traders opt for buying way out-of-the-money options because of attracted to their low notional dollar amount. They perceive them as a “bargain” and a good way to gain options’ leverage. However,...
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RoboStreet – April 29, 2021 Selling Mega Tech Into Strength This week has been highlighted by a key FOMC meeting and pivotal earnings releases from the companies whose stocks are the most heavily weighted components in the major indexes. As...
Read MoreUnless you are living under a rock you've heard that the Fed, unsurprisingly, voted to continue with bond-buying and holding rates at near zero for the time being. On a personal note, I think it’s misguided and stinks of politics rather than...
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Although the FOMC announced rates would be kept near zero, all three major U.S. indices closed lower following the conclusion of the two-day Federal Open Market Committee. Fed Chair Jerome Powell met with the press today to announce the no rate...
Read MoreYesterday, I invited you to join my Options360 Service to listen in on this afternoon’s Webinar where I’ll go through my current watchlist and discuss: The strategies I use, what I look for in a trade, why I make the trades I do, and most...
Read MoreThe CBOE Volatility Index (VIX) is often referred to as the “fear gauge” as it tends to rise as uncertainty and concern enter the market. It definitely earned that moniker last March when the COVID-19 pandemic forced businesses to shut down...
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