Consumer Staples continue to be one of the leading sectors as we head into year-end. And if you know anything about the gang here at All Star Charts, we love to be long stocks and sectors that are showing strong relative strength.
We've covered before how much I like buying stocks that are making new all-time highs. I like them, even more, when I can buy call options because premiums are low. And it's a cherry on top when the stock pays a meaty and steady dividend which lends...
At this point, it is almost becoming a cliche. But whenever the market sells off and Berkshire Hathaway takes a dip, it's almost becoming money in the bank to sell puts.
It's already worked for us numerous times this year. This won't...
An All Star Options community member recently sent me an email asking about the Average True Range (ATR) indicator and whether or not it is helpful in ascertaining if options premiums are elevated or depressed in the underlying instrument.
One of the great things about options trading is the flexibility afforded to traders to combine multiple contracts, of the same or differing expirations, long or short, to express unique ways to participate in whatever thesis we might have about the...
We've currently only got one delta-neutral "income" trade on the books right now, but that one will be coming off sometime this week as it is comprised of December options which expire this Friday.
No matter what the market, geopolitics, weather, congress, The President, retail demand, the news cycle, or even the price of the commodity itself throws at oil stocks, they just... keep... winning.
After we got past sharing each others' Thanksgiving dinner menus, wine pairings, and recipe swaps, the All Star Charts gang got back to business this morning hunting for trade ideas.
While bargain clothes shoppers seem to be driving profits in a way Wall Street likes, it takes a certain kind of trader to buy stock in the company when it's making new All-Time Highs.
Well, I just happen to be that type of trader! In fact,...
After some pretty significant broad market moves in both directions in recent weeks, it's starting to feel like market participants are a bit tired. And can we blame them?
While volatility is often beneficial to active traders who have a good...
So we were talking about a guy who's apparently subsisting only on McDonald's patties for the next 30 days. Just the patty --- no bun, no condiments, no lettuce. He's trying to prove some kind of point that it's not McDonald's burgers that are...
We've got an oil stock on the doorstep of multi-year highs, a recent shakeout that probably rinsed out the hot-money crowd that came into the stock following their latest earnings report, and implied volatility plumbing new yearly depths.
Yesterday we were treated to the latest interest rate hike from the Federal Reserve and a speech and Q&A with Fed Chairman Powell that apparently wasn't well received by the market as stocks slid furiously into the...
"Old Economy" stocks are drawing our attention again.
Our Head Technical Analyst Steve Strazza says: "these old economy stocks are all beating earnings and taking leadership roles" and he cites companies like Caterpillar $CAT, Deere $DE, as...
We continue to be handcuffed by earnings season. Some of the best setups we like right now are in stocks slated to announce earnings over the next week or two. As an options trader, I don't like to position ahead of imminent earnings announcements....