Geez, a stock falls back to levels not seen since *gasp! * 5 weeks ago and the implied volatility spikes?

Feels like nervous bulls are getting a little overzealous with their put purchases. Let's fade 'em.

Today's trade is a similar bet to yesterday's trade. With $VIX in the 20s and big caps putting in short term bottoms at key pivot points, these are opportunities for opportunistic put spread sellers.

Today's trade is a bet that today's lows are going to stick for a little bit. Time is of the essence, so let's go...

Today's trade is in a stock that recently announced earnings. The reaction was muted, which I think is a good thing. It left the chart sitting right where I'd like it to be, holding the recent lows of a 4-week pullback. 

The beauty is that this gives me a nearby risk management level, so I'll have an opportunity to keep losses to a minimum if the rebound doesn't materialize.

Even though this stock blasted off following earnings last week, it might just be getting started. The second "take" is what I'm here for.

However, with the immediate catalyst in the rear-view mirror, I will proceed going forward under the assumption that there may be some well-deserved consolidation in store while the stock works its way higher over the next 6 months.

So I'm going to attempt to get paid to ride out any potential wait.

Today's trade is in a name that JC liked on his recent Mid-Month conference call.

The stock is hanging around the upper end of a "box" it's been in, just below all-time highs. And with earnings coming up in a couple of weeks, it feels to me like it's just waiting for that "all clear" catalyst to allow it to break higher.

I'm going to get positioned now.

...and that's precisely why I love it.

While me and the All Star Charts gang have been pounding the table on China for several weeks now, it is still a mostly hated and certainly misunderstood trend. But that's mostly because people are reading the political headlines and ignoring the only thing that doesn't lie to us -- price.

So I'm putting on a trade that might take some heat, and I'm in it to win it.

Today's trade comes from a recent Junior Hall of Famers report.

Opportunities like this don't come around too often, but when I have a realistic shot at 10x-ing my money, I get really interested.

This is that.

I've consulted with the consultants, who agree that we should buy 52-week highs that would put us in spitting distance of all-time highs.

And so I shall do just that.

Today's name has somewhat elevated implied volatility, and it's a high-priced stock, so I'll be playing it with a call spread to keep my exposure in check and leverage the out-of-the-money call premiums in my favor.

Today's trade is in a computing company we all know. Some might think their best days are behind them, but the price action as of late would indicate otherwise.

And with what feels like a gift of a pullback to get positioned into, we're going for it!

Today's trade is in a $104B company that provides cybersecurity solutions that is printing new all-time highs.

You know how I feel about all-time highs...

It's late on Friday. Let's get after it.

I think I surprised JC during this morning's internal analyst Call. He asked me if I had any "spicy trades" in mind.

In fact, I did have one.

It's a bet on an upcoming earnings release kicking a dog semiconductor stock while it's down, sending prices even lower.