All Star Options Articles

The title of this post is the sound I might make if today's trade hits its profit target, helping to offset the pain I'm feeling at the pump every time I fill up my car with gas.

I was just in California this week and paid $6.00/gallon for my...

Good morning everyone! This dispatch comes to you from deep in the northernmost reaches of Northern California, on the edge of the great Redwoods National Park.

I flew out here on Sunday morning with my oldest friend (since we were both five...

The ASC team, as always, threw out a bunch of actionable ideas in their most recent Mid-Monthly Conference Call. As you might expect, there's still a lot...

Trading opportunities aren't limited to just U.S.-based corporations. And thanks to ADRs, we don't have to go to other foreign exchanges to exploit opportunities in different countries. These companies have tracking shares -- often with tremendous...

Is that a dead cat bounce in the Biotech ETF $XBI that will quickly fade? Or is this week's hard pivot off the $80 level the new floor?

I don't know the definitive answer, but the bet I'm going to make is that $80 will hold at least for a few...

In light of global events, we're seeing significant market reactions all over the place. And it seems like the narrative changes on a daily basis. Now more then ever, as a Trader, is it important to turn off the news and follow price. Price doesn't...

The hunt for options premiums to sell continues. And with VIX showing signs that it might want to give up the 30 level for a little bit, we may have the trend of implied volatility mean-reversion beginning to become a wind in our sails.

A...

The bull market in energy, oil, and resource names continues. And elevated options premium continues.

Today's trade is exploitation of both of these themes. Let's get right to it.

With VIX closing the day today north of 30, I'm still on the hunt for premium selling opportunities.

So as always, I perused my list of the most liquid options ETFs and found an opportunity where premiums are elevated and the chart suggests...

Wild market conditions persist!  Yesterday, stocks had a huge gap down opening, but then spent all day ripping higher and closed convincingly in the green. Today, the rally picked up right where it left off.

Talk about whiplash!

This...

From this week's Follow the Flow report, it's clear that options players are betting on the house!

And recent market action is giving us a nice pullback to get positioned into, increasing...

If you've been following our narrative this week, you know we've been preaching patience as the stock market is most decidedly in the "chop zone" right now. Me and JC did a live twitter stream on Wednesday afternoon discussing the situation and how we...

As the market continues to test the resolve of both bulls and bears, some bearish setups are starting to trigger.

The team put out their latest Short Report last...

While certainly not at panic levels, we've been seeing a persistent $VIX holding north of 20, and the last two days we saw it flirt with 25. This signals to me that there is still a bit of uneasiness remaining in the stock market, leftover from the...

I love when the team feels a little "frisky" and hunts for "speculative" ideas. There's nothing that gets the creative juices flowing more than getting outside the wheelhouse a bit, looking for new experiences.

This lead them down the path of...

The team put out a piece this week titled Shorting the Long End of the Yield Curve.

I can't pretend to understand the first thing about interest rates,...

...And trading volumes are particularly good for the trading exchanges that make it all happen!

With the markets whipsawing back and forth to start the year and trading volumes rising all over the place, the exchanges that extract fees for...

For anyone that joined me, JC, and Strazza on the Twitter Spaces this morning, you heard us scratching our heads on what to trade next.

In this sloppy tape, there just aren't any real compelling opportunities we can find worth getting...

I joined JC and Strazza today during their daily Twitter Spaces brainstorm and we got to kicking around ideas of how we want to play this market.

When prompted, I voiced my opinion that anything we do in the options space right here should...

On days and weeks like this, I love to look for opportunities to sell premium into the elevated implied volatilities we're seeing rising across the board. With $VIX back up above 20, you'd think there's been plenty to pick from.

Problem is, I...

Well well well, what do we have here?

The first two days of this week completed a nearly text book Santa Claus rally. Then on Wednesday, it appears the Fed may have stolen his Sleigh and now his reindeer have no idea which way to steer!

The All Star Charts team put a report out about the Metals sector end of last week, highlighting undercurrents investors should be keeping an eye on. Not everything is...

Well, we're on Day 1 of the Santa Rally and so far the fat man is delivering bigly!

Speaking of deliveries, it's likely your 2021 Holiday Season featured the services of our trade today.

Let's get right to it!

One nice thing about recent stock market volatility is that there are some bullish setups we can take advantage of with some clearly defined nearby risk levels, which give us entries with solid reward-to-risk scenarios.

And of course, in a...