Over the weekend I received an email asking the following question: “Hi Andy, Can you make a post about this with an example using any stock/ETF or point me to one if it already exists? You are the first person I’ve come across that is looking at RSI readings from different time scales so I’m… Read more »
This week is arguably the beginning of one of the most anticipated earnings seasons in market history. The magic starts in earnest at the opening bell Wednesday when JP Morgan (JPM) and Delta Airlines (DAL)announce their earnings. And more companies follow suit as the week progresses with Morgan Stanley (MS), Bank of America (BAC), Citigroup… Read more »
Bear Call Spread Options Strategy – Russell 2000 (IWM) As I have stated over the past few weeks, bear call spreads are a good strategy for this market environment. And with implied volatility up again, the bearish-leaning options strategy looks even more attractive, whether as a hedge or simply to act on a directional bias.… Read more »
The Statistical Truth I hate to say this about some of my fellow options traders, but I can’t tell you how much I abhor those in the industry that absolutely ruin the true benefits of options for the self-directed investor. Claims of outlandish 300%, 400%, 1,200% in just a few days, without even a small… Read more »
As I stated last week, bear call spreads are a good strategy for this market environment. And with implied volatility up over 30%, the bearish-leaning options strategy looks even more attractive, whether as a hedge or simply to act on a directional bias. Remember, as I’ve discussed on a few occasions, with a bear call… Read more »
How to Trade Blockchain Responsibly using a Jade Lizard Options Strategy I receive an overwhelming amount of emails asking about how to invest in bitcoin, cryptocurrencies and the like. Unfortunately, as a quant-based trader/investor, I always want probabilities on my side, so buying into one of the thousand or so cryptos just isn’t my style.… Read more »
Trade Idea: Learn How to Trade a Bear Credit Spread on IWM A few weeks ago, I posted a “Trade Idea” using a bear call spread in the SPDR S&P 500 ETF (SPY). On August 23, 2021, we went over a trade example in SPY selling the October 15, 2021 463/468 bear call spread for… Read more »
The S&P has been grinding higher for almost 200 days without a 5% pullback. According to esteemed analyst Jason Goepfert, “The S&P 500 has gone 189 days – nine consecutive months – without being more than 5% from a 52-week high. And it recorded its 43rd day with a 52-week closing high. Dating back to… Read more »
I’ve had a few questions recently on how to calculate an iron condor max loss and max profit. So, I thought I would spend a little time today on how to easily calculate not only the max loss and max profit for an iron condor, but for any spread-based options trade. I’m not going into… Read more »
Many of you have asked that I give a bearish call spread example in the iShares Russell 2000 ETF (IWM). I’m not going to get into the weeds on bear call spreads today, but if you wish to learn more about my approach to the bear call spread option strategy, including another bearish call spread… 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!
