Sometimes, stocks you want to own give you no chance to get in comfortably. They just start running and offer you no pullbacks to buy into. In hindsight, these are always the ones we wished we woulda just closed our eyes and hit market buy on...
A stock of interest for us recently impressed investors with their latest earnings report, sending shares on a gap higher at the open today. Now that the event is out of the way, options pricing (in terms of volatility) has collapsed, giving us a...
Most regular readers of mine know I'm a big fan of the "hundred-dollar-roll."
If you aren't familiar with this phenomenon, essentially, its the tendency for traders and investors to be distracted by a big, sexy, (but ultimately...
A beauty chart on monthly, weekly, and daily timeframes is setting up just under a major magnet level; there is an an earnings catalyst on the horizon which may goose the action in our favor quickly; and the premiums are relatively cheap for an upside...
As long as Mr. Market wants to keep grinding volatility premiums in options lower, we'd be foolish not to be buyers of long calls with expirations 4-6 months out in individual names that are showing signs of upward momentum. Who are we to argue with...
The "Gap and Go" pattern is popular with intraday and swing traders. It is a situation where a stock gaps higher out of a base (often earnings driven), then punishes the opportunistic faders who are playing for the stock to come back and "fill the gap...
One of the most important parts of my process in selecting potential options trades is to assess the current volatility situation. Everything else being equal, I like to put on trades that position myself for volatility to revert to its mean. In other...
The All Star Charts team is not wildly bullish on US stocks here, though the consensus is that eventually we resume higher out of some sideways action that might take a few...
Due to a scheduling conflict around the annual CMT Symposium in New York, JC and I will be doing our monthly conference call a little later in the cycle this month. But have no worries, I'll provide some updates below on positions we have open with...
I don't often take long premium plays ahead of an earnings event, but there's one coming on the horizon where the options pricing isn't too high (yet) and the All Star Charts team has a price target that would yield us a greater than 4-to-1 return on...
A year ago, I made a commitment to healthier eating. Not that I was a slob or anything, it was just that my attitude about what I was willing to put into my body (basically anything) needed to change. At my age, you begin to think about these things...
You probably thought this would be a piece about US stocks, didn't you?
While it certainly looks like the Christmas lows in the US are going to stick around for a while, the All Star Charts team is also detecting some broader potential...
When the facts change, I change my mind. What do you do, Sir? ~ John Maynard Keynes
This quote has been on my mind as I am about to publish a trade idea that runs contrary to an existing position we're currently carrying. And if the Market Gods...
The cool thing about working with smart people is being able to learn from them. Having Sean McLaughlin on our team has made everyone better, not just our clients but us as well. In today's video, we tackle the question of when it makes more sense to...
You've probably noticed a few recent blog posts and twitter comments from the All Star Charts team singing the praises of "cash". There's nothing wrong with cash as a position if there...
One options strategy that we occasionally employ at All Star Options is a bullish Risk Reversal. This is a trade we like to put on when the cost of naked...
Imitation is the best form of flattery. And we liked our trade idea in $WYNN so much that a nearly identical play setting up in a completely different sector warrants...
There's something appealing about stacking edges in my favor while taking a shot on the short side of a casino stock that gives me a little extra juice. Waitress? I'm going to need another cocktail...
If you're of the mind that the broader stock market is set to top out soon, then it makes sense to start hunting for short selling opportunities amongst the weakest sectors. One sector ripe for this right now is the shipping sector. And one stock in...