As long as it continues to pay, being delta-neutral short in this environment feels like the right move for me. We've already had some of our May positions hit our profit targets. But there is still meat on the bone for more short premium plays into...
As markets start to (relatively) calm down, trading opportunities with clearly defined risk management levels are once again starting to reveal themselves.
One such opportunity is presenting right now in the semi-conductors space.
On Monday, I laid out my plan for entering into $SPY Iron Condors steadily throughout the week. I entered into the final Iron Condor this morning and wanted to give...
I'll start by saying: this is no ordinary week. But you knew that.
If you are sitting on the sidelines, waiting for all this craziness to subside, that is not a bad idea at all. There is no reason to put our money at risk if we can't get a...
The boys were out with a bullish piece on China stocks, citing oversold conditions. As JC said: "If the world isn’t ending after all, this could be an interesting place to...
The current market calamity is certainly not sparing many of our long or delta neutral positions. The good news for us is the majority of them have defined risk.
At the open this morning, many of our positions traded through our stop-out...
Options premium sellers profess a deep and undying love for elevated volatility. But when they get it, are they willing to act? Sometimes when you're in it -- like right now -- it can feel very scary. The urge to sit...
Feels to me the stock market is at one of those inflection points. Personally, I'm finding it difficult to find trades that I'm willing to bet too aggressively long here. But on the flip side, I'm not willing to get aggressively short here either. In...
It's been an interesting couple of weeks, eh? Tesla put on a show, Coronavirus, we've gotten a little two-sided action in the broader markets, and volatility reminded us it still exists. But as we know, volatility fades. And right now, there is some...
"It's a Miracle!" has probably been uttered through tears by stock market bears, news watchers, and particularly Tesla $TSLA bears repeatedly in recent weeks. We're not sorry. If you ignore price action, well... that's on you, friendo.
Well here we are, the first "panic" of 2020. Markets are selling off a bit, the TV and twitter birds are chirping, trying their best to get you to act irresponsibly in your portfolio. And maybe you're even feeling a bit of unfamiliar heat on some of...
In a recent piece, JC laid out the case for why we should be considering some bullish plays in the Utilities sector. A bunch of the stocks mentioned have already broken...
Looks like a stock that trades in sympathy with the Homebuilders sector (which we're bullish on) is finally breaking out and ready for us to spring to action....
There's a household name setting up for a bullish breakout to all-time highs sporting the lowest implied volatility in options prices in nearly three years! How do I not play this one?
These are my favorite types of setups and I get to play...
Until further notice -- given to us by price action -- there is no reason to be on the hunt for bearish setups. There's no award handed out for being the first to catch the turn. More than likely, you'll needlessly exhaust a ton of capital -- both...