August 17, 2017

Archives for June 2011

Options Indicator in a Neutral State – Remember, Patience is the Key to Any Successful Options Strategy.

No trade today - the risk/reward is just too high at the moment. I would rather sit patiently on the sidelines for a better set-up to come my way. This is how to successfully play the options market or any market for that matter. Any trader with staying power will quickly tell you that patience is imperative when trading, particularly when trading options. My true focus and the focus of my options strategy is to find extremes in the market. Lately the major benchmarks and the sectors I follow just want to sit in a neutral state. That is fine, extremes will hit the market as they always do and I will be waiting patiently to jump on those opportunities when the arise. Remember, patience is the key for long-term success in options … [Read more...]

Major Market Benchmarks Hit Short-term Oversold Extremes – Options Strategy Looks to Pounce

The market moved lower again today and is two trading days away  from racking up its sixth straight weekly loss. If the bulls are not able to turn it around quickly it would be the first time in nine years that the market has lost ground six straight weeks in a row. The Dow ETF (NYSE: DIA) and S&P 500 ETF (NYSE: SPY) have both pushed into a short-term oversold extreme and the RSI (2) reading has confirmed. So, subscribers stay tuned tomorrow. A trade alert could be coming your way. You can see all of the performance results for the High-Probability, Mean-Reversion strategy here. Daily Options Links of Interest Flash Crash 2.0 Thanks Daniel for the Wonderful Post on Options Spreads Bearish on LinkedIn Bubble? I Have … [Read more...]

Subscribers – Quick Note

For one I would like to apologize for the delay if you receive my blog posts through an RSS feed. I am working to resolve the almost 24-hour delay. Also, subscribers, please be aware that several of the ETFs I follow in in the High-Probability, Mean-Reversion strategy have pushed into a short-term oversold state. This means that a trade could occur as soon as tomorrow so stay tuned for a real-time trade alert through email and your twitter account. Sorry for the short post, but I am absolutely swamped with doing research tonight. I will be back tomorrow with the HPMR indicators. Stay tuned! I hope all of you have a wonderful night! Andy … [Read more...]

Options, Options and More Options

Note: Friday's  High-Probability, Mean-Reversion Indicator will now be published in the free Weekly Options Report so I hope that all of you take advantage and sign-up. I am truly excited about adding a few more options strategies to the mix. I have been waiting to add a few more strategies to the mix and hope that you find them valuable additions to the options newletter. I will be using various forms of credit spreads within the strategy so stay tuned to the blog over the next few weeks. I will be posting my trades here on the blog so that all of you have a grasp as to what the options strategy entails. We can use the comments section at the bottom of each post for questions, comments, etc.. Anyway, I hope all of you have a … [Read more...]

The Best Options Strategies Take Discipline and Patience

High-Probability, Mean-Reversion Options Strategy Update The month of June started with a bang for the bears. The S&P 500 (SPY) lost 2.3% since Tuesday's close and many options traders I know believe the market will experience a "June Swoon" to start the summer. Of course,  most of you already know the High-Probability, Mean-Reversion options strategy doesn't really care where the underlying market goes, the options strategy only cares about short-term extremes in the underlying market (S&P 500, Dow, Russell 2000, Nasdaq 100, etc.). In the highly-active world of options trading waiting for an extreme takes great patience. Discipline is of the utmost importance. Anyone can place a directional play and do well for a time, but … [Read more...]