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I do not recommend attempting to pick bottoms and tops. It can be a dangerous game. 

Yes, when you occasionally get one right you can make a killing. But we also put ourselves at risk at getting killed. Especially fading short squeezes, and...

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We had a delta-neutral options position on the books that we stopped out of this week. Thankfully, it was not a big loss. It felt like the right idea, but the wrong instrument.

So today's trade is a similar trade in a stock from the same sector...

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Perhaps this is just my own personal Waterloo, but there seems to be history of market turbulence whenever I travel and am away from my main trading station.

Next week will be a travel week for me. I'll be attending Stocktoberfest in Coronado...

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Last week, I wrote to you about how winning is hard -- because holding out for large wins is easily the hardest thing we attempt to do as traders. Sitting through pullbacks against the direction of our trade is so. damn. hard.

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During the gold rush of the 1800's, there were fortunes made by some who were digging for and discovering gold.

But the REAL money was made by the entrepreneurs who were selling the pics and shovels to those gold speculators.

Along this...

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On today's Flow Show, Steve Strazza and I discussed the two different markets we are each experiencing. He's experiencing one of great breakouts and follow-through. I'm experiencing one of frustration.

Same stock market,...

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...the higher in space.

Today's trade is in household name that is emerging from a 3-year base and on the verge of new all-time highs.

Due to earnings on the horizon, we'll be utilizing a spread to keep our costs in check and take...

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This trade gets classified as a "Hard Trade."

The stock has had a strong runup in recent weeks. Some traders have a hard time buying stocks making highs.

I don't.

But with implied volatility relatively cheap right now in this stock,...

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As I've discussed recently, earnings season is quickly approaching. And with it comes risks and opportunities.

For today's trade, I'm going to leverage elevated options premiums in a nearby expiration to get a better net cost on the real call...

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Let's all raise our glasses for a toast to the outperformers of this bull market.

Ok, now let's get to work finding stocks setting up that will likely catch the next wave of rotating capital flows.

Today's trade is in a...

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Earnings season is closing in. And the election is right behind it. Surely land mines will be discovered all over the place. There is risk.

So any directional bets I place over the coming weeks will be of a defined-risk nature.

But, where...

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What happens if you can't exit a position on your brokerage platform?

Do you sit and wait it out, hoping for a quick resolution and an opportunity to exit at your price, or better?

Has that ever worked out for you?

I'm fairly certain...

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As an owner of a gas-guzzling SUV, I don't like the prospect of higher oil prices. 

Nobody enjoys paying more at the pump. It's an unavoidable tax and if it gets too high, it can be a real drag on people's finances, and can even spill over...

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We've seen a bit of a rise in volatility this week, and while it is not something that should be ignored or scoffed at, I do think it offers us options traders an opportunity to position for some volatility mean-reversion, especially in some big-cap...

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On today's Flow Show, Steve Strazza and I discuss this morning's frustrating start to Q4, and whether or not it means anything.

A 20%+ rise in $VIX is not something that should be ignored. But is the market overreacting to...

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Today, I fielded a question from a trader who has a winning options trade on. 

When he originally put the trade on, he didn't have a stop-out price in mind. It was a bit of an "all-or-nothing" trade. His risk is defined and he was...

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Last summer, me and Steve Strazza toured Southeast Asia.

We didn't know where anything was, or how to use public transportation.

Thankfully, there was an Uber-like ride-sharing service that helped us out.

We've been waiting for an...

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During today's internal Analyst meeting, JC said: "We should be doing more in China."

It's not something I often agree with. But today I do.

In fact, I've already got a couple positions on in stocks with China exposure, and I'm adding some...

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"We should be doing more in China." ~ JC Parets during this morning's internal Analyst meeting.

This, coupled with my feeling that we need to be more aggressive in the stock market right now as the potential profits on the upside could be quite...

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A few years back, Robinhood made a big splash in the retail trading world by offering Commission-Free options trading.

Retail traders and the media that served them rejoiced! 

"This is a game-changer!" they shouted...

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No need to get cute, and no need for an elaborate explanation of what's going on.

Quite simply, we're in a bull market. And it would be irresponsible to think that technology and high beta names won't be playing catchup soon...

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At Portfolio Accelerator today, Uber was a name that was getting everybody excited. It looks like it's setting up for another run to and through all-time highs.

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