Below is my list of ETFs with the most liquid options for the week of December 27. Here are the various levels I use to determine if an ETF is in an oversold or overbought state. Very Overbought – a reading greater than or equal to 90.0 Overbought – greater than or equal to 80.0… Read more »
How to Use Poor Man’s Covered Calls on the Dogs of the Dow in 2022
Note: I will be issuing my ten Dogs of the Dow and Small Dog trades during the first week of 2022. If you wish to receive my 10 trades, please make sure to sign up for my Free Weekly Newsletter for weekly education, research and trade ideas. Five years ago, I decided to wrap one of… Read more »
One More Trade in the S&P 500 (SPY) to End 2021
Selling Premium in the S&P 500 (SPY) We’ve had some good fortune since late August using bear call spreads on the major market ETFs. The heightened volatility has allowed us to take on some fairly conservative trades that have thankfully led to some decent profits. And even though I tend to go out 30-60 days… Read more »
Trade Idea: A Potential Earnings Trade in Nike (NKE)
I have another potential “outside the earnings window” trade today. I will not be making the trade myself, but for those that would like an earnings trade idea on a highly-liquid underlying stock or simply want further education on how to trade around earnings, this post is right up your alley. I hope that by… Read more »
High-Probability Mean Reversion Indicator (ETFs Heading into the Week of December 20, 2021)
Below is my list of ETFs with the most liquid options for the week of December 20. Here are the various levels I use to determine if an ETF is in an oversold or overbought state. Very Overbought – a reading greater than or equal to 90.0 Overbought – greater than or equal to 80.0… Read more »
Top Earnings Options Plays for the Week (12/20– 12/23)
Even though earnings season has passed, there will always be an opportunity or two from week to week. Next week brings Micron (MU), Nike (NKE) and a few others. Both Micron and Nike will be my main focus, but there are certainly a few other stocks due to announce that offer some interesting setups. The… Read more »
How to Approach an Iron Condor Earnings Trade in FedEx (FDX)
I have another potential “outside the earnings window” trade today. As I stated last week and will continue to repeat with each potential earnings trade, I’ve been thoroughly enjoying our discussions on various earnings trades over the past six months. Through the process of discussing the trade I’m going to focus on my strategy of… Read more »
How to Protect Your Profits While Making Additional Returns
The Collar Options Strategy After the recent market pullback, more and more readers are once again asking the question, “How do I protect my profits using options?” So today, I’m going to go over one of my favorite options strategies, step by step, for protecting profits without giving up potential future returns on the most… Read more »
High-Probability Mean Reversion Indicator (ETFs Heading into the Week of December 13, 2021)
High-Probability Mean Reversion Indicator (ETFs Heading into the Week of December 13, 2021) Below is my list of ETFs with the most liquid options for the week of December 13. Here are the various levels I use to determine if an ETF is in an oversold or overbought state. Very Overbought – a reading… Read more »
A Step-By-Step Approach to the Wheel Options Strategy Using Beaten-Down Stocks
We are well outside of the earnings window, but there are still a few major companies due to announce. One of those companies is JetBlue (JBLU). The company is due to announce next week and as a result, implied volatility (IV) is heightened in the near-term expiration cycle. As many of you already are aware,… Read more »