The chart below had me perplexed as to why more people don’t use options as an investment tool. Basically, as stated in the chart above, I would need as much as $200k to make a $1,000 yield in Apple (AAPL) and roughly $14k to make $1,000 if using Altria (MO) as your underlying. Either way,… Read more »
Below is my list of ETFs with the most liquid options for the week of March 7. 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 »
I mentioned in my weekly post, Top Options Plays for the Week, that Oracle (ORCL) offered a potential earnings trade next week. As I’ve stated in the past, I hope that by going through a few examples of various options strategies every earnings season we can start to build a solid foundation on how to… Read more »
As we enter the doldrums between earnings seasons, an opportunity or two can still be found each week. Albeit a push at times, it’s still worth taking a look at potential trades as we patiently wait for another upcoming earnings season, if only for educational purposes. Oracle (ORCL) is, in my opinion, the only stock… Read more »
Back on February 16, with implied volatility heightened, I discussed a potential iron condor trade in the S&P 500 (SPY). At the time, as posted, we sold the iron condor for $0.85. Now the spread is worth roughly $0.50, for a 7.5% return. Not bad for a few weeks, especially when you consider our probability… Read more »
General Motors Bullish Options Strategy Given the heightened levels of implied volatility across the board, I’ve been receiving a lot of emails about the risk-defined options selling strategies I use, namely bull put spreads, bear call spreads and iron condors. As a result, I’m going to go over several examples this week, starting with a… Read more »
For those interested in dipping your toes into the world of beaten-down growth stocks, there is an options strategy that allows you to get into the space at the price of your choosing. Best of all, you can collect premium, which is currently at inflated levels, while waiting for tech, or more specifically the ARK… Read more »
DraftKings Poor Man’s Covered Calls There has been an abundance of high-beta growth stocks that have absolutely been crushed over the past six months. One such stock is DraftKings (DKNG). The stock is down roughly 70% from its record highs hit roughly one year ago. But the collapse, not only in DraftKings, but in many… Read more »
Zoom Video (ZM), Target (TGT), Costco (COST) and several other highly liquid stocks are due to announce next week. I use the weekly table above as a guide to what I want to focus on in the week ahead. It provides me with some simple but important implied volatility readings along with the average move after earnings,… Read more »
Below is my list of ETFs with the most liquid options for the week of February 28. 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 »
You’ll get Andy’s latest trades and takes on the market, along with four free options trading reports, discussing High-Probability Trading, Poor Man’s Covered Calls and more!
