August 22, 2017

Oversold States in the Major Benchmarks

Random Thoughts

I have taken another much needed hiatus to concentrate on a few additions to the website. The members page is still int he works although progressing much slower than I originally anticipated. It will be worth the wait.

Until then, we still have two of the most successful options strategies on the internet. The High-Probability, Mean-Reversion strategy is up over 58% since its inception and the Theta Driver Strategy just reaped two more winners. The portfolio has had an average winner of over 13% per trade.

As the year pushes to an end I will begin to start ramping up my posts and my intention is to ramp up my posts on a daily basis in 2012.

Oversold Again

The Nasdaq (QQQ) and S&P 500 (SPY) among many other ETFs that I follow have pushed into a short-term oversold state. As a result, if the market pushes lower at the open I will add a few trades to both of our portfolios.

Sorry to keep this so short tonight, but I am bombarded with trade set-ups and trade-related work, so stay tuned for the next post.