April 28, 2017

Options Strategies Continue to Roll

I am back after another short hiatus. We have had a few great trades over the past few weeks, one in the High-Probability, Mean-Reversion Options Strategy (up 7.4% in September) and one in the Theta Driver Options Strategy (expires tomorrow with over a 12% gain). I will be sending out the Weekly Report that details each trade and the performance of each strategy. I was unable to get out the FREE Weekly Report last week due to unforeseen circumstances, but will have the my Expiration Report out Sunday. Stay tuned! I will be back with my regular blog posts next week. Thanks for being patient. Hey, at least we have some really great trades to talk about. Both strategies continue to move onward and upward and that is the most important of my … [Read more...]

Options Trade in the Works?

I am going to keep it short tonight. The market kicked up higher at the open and never turned back. As a result, I did not make a trade in either of the strategies today, but tomorrow is a new day and there are still quite a few viable trades out there as you can see in the High-Probability, Mean-Reversion chart below. So, again, subscribers stay tuned. Market Mumbo Jumbo Daily options report VIX Crush - Fed Stimulus Theta and Time Decay If you haven’t already, don’t forget to sign-up for my Free 30-day trial. Also, for those of you who live on Facebook. You can access my daily info on the social network as well. Just click on LIKE. … [Read more...]

High-Probability, Mean-Reversion Indicator – Advantages of Diversified Options Strategies

Before I get started I want to discuss a lingering frustration of mine - the financial services arena. Yesterday, I posted a WSJ interview with Mark Cuban. Mark had a few very insightful ideas for the public including "buy and hold is a crock of s#$!" and "diversification is for idiots." I definitely agree with Mark's first statement - buy and hold is no longer a viable strategy. However, I think he needs to expand on his last statement. While I do agree that diversification in stocks is well, not useful when applied in the typical manner. Because most over-diversify. And quite honestly, I don't bother investing in stocks. It ties up way too much of my capital and I can create far better statistical advantages using options rather than … [Read more...]

New Position in the Theta Trade Options Strategy

I will be placing a trade in the NEW Theta Driver options strategy over the next few days, so if you are not in please do so now. Spots are filling up quickly and I will cap the service at 100. Subscribers stay tuned!!! Kindest, Andy … [Read more...]

Gold Hits a Short-Term Extreme

*Over the short-term Gold (GLD) has pushed into 'very overbought' extreme which could trigger a trade over the next few trading days. If gold happens to move higher and thereby push further into 'overbought' territory I will most likely enter a trade over the next few days. As always, subscribers, be on the lookout for a real-time trade alert and tweet of the trade. New Credit Spread Options Strategy – Beta The market moved lower again today and the Russell 2000 (IWM) is now 4.3 percent below the 86 strike. I sold a vertical spread with 53 days left until August expiration for a $.34 credit and now the spread is worth approximately $.45. The two week rally that occurred during the latter part of June/beginning of July sent the price … [Read more...]

Options Strategies Continue To Shine In This Volatile Market

I am going to keep it rather short tonight. The market moved lower today, but the bears had a rough time pushing the major benchmarks decisively lower. We could still see a push lower, but over the short-term the direction leans towards the bulls. However, there are a few international ETF's that have pushed into an oversold state and a few could be potential plays going forward. Currently EWZ, EWP and TBT are on my radar for short-term plays and as always I will inform all of you (my paid subscribers) in real-time if and when a trade occurs. New Credit Spread Options Strategy – Beta The two week push by the bulls has pushed the value of my credit spread to approximately $.51 which is $.17 higher than my original price. For all … [Read more...]

High-Probability, Mean-Reversion Options Strategy Continues Success – Up 43.1% Since Inception

Quick Options Strategy Review The High-Probability, Mean-Reversion Options Strategy reaped another gain today. The successful trade pushed the strategy to a new high - +43.1% since its inception eight months ago. You can see the performance results for the High-Probability, Mean-Reversion options strategy here. The success has been incredible so far and I am nearing a limit to my newsletter. If you are indeed interested in my service please sign-up now to secure I spot. I want to keep a cap on subscribers for various reasons including manageable service and more importantly, keeping volume at a reasonable level on the options I choose for my trades. The first trade in my new Credit Spread Options Strategy is right where it started a … [Read more...]

Market Remains Range-Bound – Options Strategy Remains Patient

The anticipated bounce occurred today. However, I would not get overly excited because the rally could be short-lived. The S&P 500 ETF (SPY) gapped higher at the open today and never moved lower to close the gap. I would expect to see a close at $128.24 in SPY before the market is able to make any ground. We are already nearing an oversold state in my shortest-term indicators, so it could be a tough few days for the bulls. Although, as long as SPY is able to hold the March lows I think the market could be okay. When I say okay, I mean a move back near the top of the established trading range - $125-$137. If SPY pushed through strong support at the $125 level then I think we could se a waterfall decline that could take us as low … [Read more...]

High-Probability, Mean Reversion Options Strategy – Nasdaq 100 (QQQ) Hits Short-Term Extreme

The VIX is the hot topic right now among options traders. Most of us now know that last week marked the sixth straight decline for the S&P 500 (SPY). Yet, options traders are puzzled by the fact that the VIX (known among many as the "fear index") continues to struggle to push above 20. A push past twenty is viewed among many options traders as bearish for the market. However, there is a large contingency of options traders who view the lack of an accelerated move for the VIX as bullish. A reading below 20 means that investors are complacent as fear towards the current state of the market is low.  The bulls view the correction as short-lived and more importantly anticipated. I have to agree with the latter, because there are … [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...]