We don't do a lot of "earnings" plays here at All Star Options. We don't scare away from entering smart trades with defined risk ahead of earnings reports, but only if we feel there's a larger play in the cards.
So far, this new corrective phase in U.S. stocks is playing out according to script: Deep down moves, interrupted by gravity-defying bounces that suddenly get saddled with lead weights which drag stocks back down with the fishes. Sorry for the...
Where I live in Colorado, we received our first snowfall of the season. And it meant business. Today, we woke up to 8 inches of overnight snow and it kept falling all morning. Yesterday, it was nearly 70 degrees and sunny. It's the time of the year...
Long trades getting blown up all over the place. Luckily for us, we'd had a good run coming into last week with opportunities to take profits in a lot of our positions. That makes the exits and adjustments that have been...
U.S. stocks gave everyone a little reminder last week that stocks don't always go straight up in Bull Markets. Significant gains will be seen in the drivers of every bull run, but not without pauses and pullbacks along the way. Overall, we're still...
Gotta love it when the market hands us a little two-way action to remind everyone that stocks go both up and down. And more importantly, I get real excited when I start to see options premiums rise thanks to irrationally freaking out market...
We were bullish on Microsoft all summer, and with $MSFT printing another new all-time high this week, our stance hasn't diminished in the least. The only thing that's changed is we've raised our price target. That tends to happen in bull markets....
We've got 46 days until November expiration and it's always good to have some income trades on for every monthly expiration. It just makes good sense for somewhat diversifying our portfolio. We don't want to have only directional and/or long premium...
As the Technology sector goes, so often goes the market. And the Tech Select Sector ETF $XLK has been going nowhere -- increasingly so -- over the past several weeks.
Does anybody here think broader market indices go sideways from now until...
This is the monthly conference call for Members of All Star Options. In this call we will discuss the current market environment and focus on price and volatility behavior. Throughout the session, J.C. Parets will add commentary on the technical...
Sometimes I think I have a little too much fun writing headlines. But, when we're looking into opportunities in the gaming space, I guess it comes with the territory.
We recently took a look into the newly configured ...
With markets having a big breakout on Thursday, our bullish US equities case continues to be confirmed. And with new all-time highs usually comes lower and lower volatility being priced into options.
Casual readers of All Star Charts will notice we've been warming up to the idea of being bullish Precious Metals and Miners for a turn. Check these recent posts to get up-to-date on our thoughts:
Continuing with a theme I discussed coming out of Labor Day Weekend, volatilities continue to remain low across major stock indices, within the majority...
If you've been paying attention, we've been bullish and long Nike $NKE for a little while now. Here's our trade from July 2 where we got long calls (still holding),...
From time to time, a slowly developing opportunity presents itself and in doing so gives you multiple ways to profit -- while also incrementally reducing your risk as time goes along. This type of situation is presenting itself currently in Marathon...
Continental Resources $CLR has been consolidating in a range just below 4-year highs, and recent price action has brought it to a level where I like our odds for an income trade.
I love incorporating a mix of delta neutral income trades in my portfolio -- especially after a nice run in the stock market that might be due for a pause soon.
50 days until expiration is the sweet spot for income trades, which is exactly...
This is the monthly conference call for Members of All Star Options. In this call we will discuss the current market environment and focus on price and volatility behavior. Throughout the session, J.C. Parets will add commentary on the technical...
It is that time in the options cycle where October options are in the sweet spot (between 45-55 day until expiration) to be looking for income trades wherever volatility pricing offers an edge.