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...
From time to time I like to review some of my Best Practices for my own benefit, but also for the benefit of readers of this blog, and for subscribers to All Star Options. So let's get right...
Sticking with a theme we’ve been discussing with All Star Options subscribers for the past month or so, we expect to continue keeping things simple around here until the...
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...
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),...
Fine. I get it. Businesses making political stances -- whether you agree with the stance or not -- rubs you the wrong way. And sure, aligning with a professional athlete at the center of a hot-button controversy only makes it more cringe-worthy for...
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...
Stocks are still near all-time highs, volatilities are once again compressed, earnings season is behind us, and some bullish runs in individual names are looking extended. Coming out of Labor Day Weekend, the game plan should be to keep it simple...
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...
When a stock has the potential to double from here, you have to get aggressively long. This is especially the case when there is a clearly defined risk management level. This often happens when a stock has been beaten to a pulp to the lowest prices in...
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.
I can't afford real estate in Palo Alto (yet), but I can comfortably afford to take a ride with Palo Alto's namesake security software firm Palo Alto Networks $PANW.
Today, $PANW stock popped its head above recent resistance and...
Recently, an All Star Options subscriber wrote to me asking about some hard "rules" that I follow in entering and managing trades. The assumption was that I have some rules that I absolutely...
Next up in the Bull Market Rotation Wheel of Fortune: Airlines.
The S&P 500 printed a new all-time high on Tuesday (Aug 21), so naturally we should expect a broadening spectrum of sectors and stocks participating to the upside. The...
Logistics and package delivery services provider $UPS got caught in the volatility-triggered downdraft of late January and early February of this year. It has spent the remaining part of the year forming a base and is now showing signs of filling the...
Excuse my cheeky blog post title -- we're bullish on United Technologies $UTX.
Consistent with our bullish stance on US equities over the near term, we continue to want to err on the long side. And we want to be in the strongest stocks in the...
In options trading, risk management starts with defined risk and ends with position sizing. "Stop Losses" -- if used at all -- center around price action of the underlying and give zero weight to the value of the option(s) itself.