All Star Options

Today's trade is in a stock that is completing a multi-year base and relative strength is rising to confirm the trend.I'm going to position in an attempt to capture the meat of a possible next leg higher.

Relative strength matters. When markets consolidate, relative strength points us to the possible leaders of the next leg higher. 

For today's trade, we're entering a stock that is breaking out in both relative and absolute terms. And as an...

Today's trade either works or doesn't and we'll find out quickly.

I'm fading a move in a large cap stock that feels like it's suffered enough and is at a logical level for it to dig in -- if only temporarily.