What's the trade today?

Is it a long? Is it a short?

Is it a neutral trade?

In today's video, Sean and I talk about what to do when there's nothing to do!

In Major League Baseball, the 40/40 Club is an exclusive group of players who are the only ones to have achieved both 40 home runs and 40 stolen bases in the same season.

The first player to achieve this milestone was Jose Canseco in 1988 as a...

I have one trade that stands out head and shoulders above the rest as my number one F-up. I really screwed this one up.

Financially, it was my best trade of the year. Probably my best trade in several years…

But it still stands out as my...

To quote Steve Strazza: "When commodity stocks go, they go!"

This pretty much sums up the talk we had this morning when coming up with today's trade idea.

We were looking across the strongest sectors and hunting for...

No, not Santa. He already came and went.

JC came to Boulder yesterday (where I Iive) and we were able to get together to enjoy a late dinner. It was a great opportunity to reflect on how far we’ve come and what we’ve already accomplished....

I’ve received a few questions from readers about playing bounces in some oversold stocks.

The most recent was Facebook, er… Meta (whatever).

An opportunistic trader hit me with this question:

Is anybody interested in...

We're buying the $CVX January 2024 150-strike call options. Yes LEAPS!

Check out our short video with the thought process behind this trade:

[10/19/23: updated stop to 155]

We're taking a Leap here.

The overwhelming majority of options trades we put on at All Star Options tend to be structured in a way to participate in moves that should...

I was chatting with an All Star Options member this morning and he asked me a very insightful question:

“Sean, I’d be very interested in your thoughts on why you choose not to make a trade in certain setups?”

He went on to elaborate that...

We're continuing the theme of monitoring relative strength in this tricky tape. The next leaders if/when a bull market resumes are revealing themselves now. Are you paying attention?

One of the names that is holding up relatively well recently...

There you go.

I wrote that headline to save you the trouble of turning on your TV or following your favorite fear mongerer online. You're welcome.

Unless you've been lost in the wilderness for the last two weeks (not a bad place to...

We're putting on an $SMH March 265/270/320/325 Iron Condor for an approximately $2.15 credit.

This means we’re short the 270 puts and 320 calls, while protecting our position $5 away on both sides with long 265 puts and long 325 calls. We’ll...

While the US Stock Market has pulled back a bit this week, we've seen $VIX pop its head back up above 23 and print its highest levels in a month. And this isn't entirely surprising given that the highly watched Russell 2000 $IWM has been struggling to...

We're selling a $NVDA February 260/240 Bull Put spread for an approximately $4.75 credit. This means we’re in the regular February monthly expiration options and we’re short the 260 puts and long an equal amount of 240 puts to define our risk.

The V-Bottom is back! (At least as of the time of this writing). What a bounce stocks have seen off Monday's nadir.

Have we stuck the landing and its back to new all-time highs for the broader indexes soon?

Time will tell. But the...