All Star Options Articles

The housing sector continues to perform well, and it makes sense that companies in the mortgage business should come along for the ride.

One of those names had a big push into the end of the year, and then had a monster pull back to start 2024...

Don't let today's headline scare you. I'm still bullish overall.

But with the S&P500 still bumping its head against overhead resistance, it wouldn't hurt to provide a little ballast for a mostly long portfolio here.

So with this in...

I'm showing my age here, but I've never used the social media platform Snapchat. Nor do I have any plans to do so.

But I'll happily trade options in the stock when there are favorable setups. And we have one now.

Let's get right to it...

Here is a list of trade ideas organized by date, ticker symbol, and options strategy. Please make sure you have clicked on the link and read the details surrounding the trade(s) before acting upon any of them. Also, make sure you have checked with...

The bull market continues, and the broadening out of participation continues to widen. Today's trade is in a Chemicals company that is beginning to show some relative strength and has two upside targets that could potentially be met, if conditions...

One of the things we like to do repeatedly at All Star Charts is position ourselves in leading stocks in leading sectors. Just writing that out may sound completely obvious to some, but too often I see traders trying to get cute to find the "...

Short-term traders will classify today's trade as a "hard trade."

We're positioning in a stock that has already had a significant run over the past two months. But if we widen out our lens and look at weekly or monthly candles, we'll see that...

Spotify is trading in the spot where we can get paid on follow-thru back toward all-time highs. But we don't necessarily need it to get all the way there for us to earn profits on today's trade.

Here's a chart of $SPOT:

The speculative juices are returning to the cryptocurrency space, and the bulls are starting to reemerge from the shadows as Bitcoin, Ethereum, Solana, and many of the smaller (MOAR!) speculative names are starting some eye-popping gains....

I'm beginning to sound like a broken record regarding "hard trades," but they just keep working. Look at COIN and UBER as examples.

Today's trade is in a software name that has two things going for it right now:

1. it's hard.
...

The hard trades continue to work, and I shouldn't argue with the market's message.

And right now, the market is telling me there are opportunities in Chinese stocks.

Today's trade is in a Chinese education company that promises to...

Ok, I took some liberties with today's title. I can already hear JC groaning. Blog post titles are not my strength. I accept this.

A book I recently read (Number Go Up), and today's trade in $LIN...

Me and Steve Strazza were kicking around ideas today on the Flow Show. And one solid idea we landed on was $IBM.

Good 'ole Big Blue looks like it wants to take on a shade...

The Analysts here are getting all bulled up on Nuclear energy. And for good reason -- some good clean charts.

One of the sector leaderss is showing signs of resolving a base that began forming in September after an impressive doubling off the...

[12/4/23: updated stop to 100]

Crypto is showing signs of a resurgence. With Bitcoin trading north of $35,000 this week, many of the old bulls are coming out of the woodwork calling for the next crypto run.

...

What a difference a week makes!

The powerful rally in stocks shows where the "pain trade" is (higher), and now I'm on the hunt for strong, leading stocks that will continue to turn the screws on the bears.

Let's get after 'em!

The "pain trade" is always higher.

I say that often. And its usually true.

And nothing turns the screws harder on bears than rallies in Tesla $TSLA.

So let's get after them with a "double or nothing" bet.

...

The Junior Gold Miners appear to be temporarily stuck in the rocks. And with juicy options premiums to sell, we will take advantage of the range with a delta-neutral credit spread.

If/when the market can find it's footing, today's trade is in a name that I'd like to get aggressively bullish in for a long-term bet.

In the meantime, I'm not ready to be aggressive yet, but there is an opportunity for us to get paid to wait...

I'm making the bet here the Bond Bears may have overshot here. And today's trading action feels to me like $TLT put in an actionable level to lean against for risk management purposes.

This is not a bet that the final bottom is in for bonds....

Well, every attempt I've made at wading back into the bull market pool has been swiftly met by a destabilizing splash made by a bear cannonballing off the diving board.

So, until further notice, I'm going to hang by the cabana sipping on my...

I don't like this market. It can't make up its mind. Things were starting to look promising last week, then Friday happened. And even today, intraday, we're seeing weird, indecisive trading action.

So I know I'm a broken record, but as long as...