There's a time to be aggressive and go for big gains, and there's a time to shoot for higher probabilities with smaller payout potentials.

I'm finding it hard to muster any conviction to go either long or short right now, as I can make...

While in the process of preparing for this week’s live Options Jam Session, I came across an open trade in $HMC that has been performing quite well for us.

It reminded me...

He had it coming.

But this isn't really about Philip and his cancer sticks.

Instead, I'm going to sell premium in his Philip Morris stock options, betting on the company going nowhere for at least the next month.

First up, look...

[10/19/23 Update: moved stop to 125]

We're adding another bullish leg to an existing position we already have on the books in Google.

In early May,...

At the risk of sounding like a broken record, I'm continuing my theme of the past week of looking for opportunities to sell premium in mostly delta-neutral options trades.

"Delta-neutral" basically means I'm looking to collect income in...

The longer I’ve been in this business of trading, the more I’ve come to realize that “get better at smarter trading” is not the answer to the question: “How do I make more money as a Trader?”

A reader recently reached out to me, asking about a trade I put on.

I’m paraphrasing, but the conversation went...

As is common when the stock market is moving lower, we're seeing rising options premiums. We aren't seeing any big volatility spikes yet, and $VIX is still relatively muted, but the recent rise coupled with setups that appear to be ripe for some...

Today on the Morning Show, JC was talking about bitcoin and how if you want to underperform the next leg higher in crypto, then own bitcoin. But if you really want to get some juice for the next crypto rally, the crypto mining stocks are how to...

As many of you know, Steve Strazza and I are touring South East Asia this month. We're hitting the homestretch of our trip, with about a week or so left. We're currently in Hong Kong and this city is beyond description. I don't even know where to...

[10/5: updated stop to 8.50]

I’m traveling throughout Southeast Asia — to eight different countries — with my All Star Charts analyst Steve Strazza, giving presentations at local Chartered Market Technicians (CMT) Association events,...

Me and Steve Strazza are currently aboard an airplane to Singapore for the beginning of our 21-day trip throughout Southeast Asia.

We're headed there to meet traders, chartists, and locals to learn how others approach risk.

And one...

[11/16: stop updated to 32]

If it ain't broke, don't fix it.

We've been witness to many charts, that look like today's setup, breaking out and turning into big winners in recent months. And with very few signs...

“What are you afraid of?”

JC posed this question to me yesterday on the Morning Show.

All Star Charts is excited to announce a thrilling collaboration with the Chartered Market Technicians Association and Centerpoint Securities. Together, we aim to discover the finest trading talents in Southeast...

I recently read a book that was recommended to me by a friend in my traders meetup group.

Once I picked it up, I couldn’t put it down.

Here are some of...

Congratulations to the 2023 NBA Champion Denver Nuggets!

There was an inbound question to me this week regarding adjustments I make on short strangle trades.

For reference:...

As the bull market in stocks continues, the lifeblood to keep the ball rolling is sector rotation.

We're already seeing some of the big caps that have driven the first leg of this run start exhibiting signs of overexertion (check out $GOOG...

My spidey senses are beginning to tingle with speculative fervor.

What we're seeing in the AI space as well as in the comeback in cryptocurrencies as of late has me thinking speculative players are soon to begin widening their net to capture...

It's not going to be finished in my lifetime or in yours or my kids' or grandkids'. That's not the point. The point is to get it started.