Spending bill improve market sentiment and provide optimism Although markets opened the shortened trade week to mixed results, all three major U.S. indices are trading slightly higher today. To start the week, Congress passed the second economic...
Read MoreTesla (TSLA) was officially added to the S&P 500 Index (SPY) as of last Friday. Shares surged in the final minutes to $695, a new all-time high as index-based funds were mechanically forced to buy shares. Those gains were quickly given back...
Read MoreThis morning, I sent an Alert to Options360 members directing them to close our position in Facebook (FB) iron condor, for what I described as a “small loss.” I immediately received an email from a member who took issue with my description and...
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Optimism regarding the latest economic relief package make waves Markets are starting the shortened trading week with mixed results after initially seeing major U.S. indices lower due to fear of an additional COVID strain but have rebounded in the...
Read MoreThis morning the Dow opened 350 points down. This is a perfect example of what I have been warning about the last few weeks. Luckily the market has recovered nicely and is even in positive territory on the day… However we should look at...
Read MoreMy father was an options trading madman… And not in a good way! When I think about the way he traded, I often see the gunslinger in the old west standing in the middle of town getting ready to shoot it out with the bad guy. If he wins,...
Read MoreThere is all kinds of pain in this world, which typically falls under the physical, mental or financial category. And then there are options — so excruciating it has its own definition in option education material. The concept of max pain is...
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