Nothing has changed! Volatility continues to remain high across the board. In fact, volatility in SPY has increased over the past few weeks. Moreover, the IV rank and IV percentile of SPY remain high, which means there are plenty of opportunities to use a variety of different options selling strategies. As I’ve stated numerous times… Read more »
High-Probability Mean Reversion Indicator (ETFs Heading into the Week of May 23, 2022) Below is my list of ETFs with the most liquid options for the week of May 16. Here are the various levels I use to determine if an ETF is in an oversold or overbought state. Very Overbought – a reading greater… Read more »
As always, if you have any questions, please feel free to email me or post your question in the comments section below. And don’t forget to sign up for my Free Weekly Newsletter for weekly education, research and trade ideas. Credit spreads have been the strategy of choice during what has been a bull market in volatility. With… Read more »
It amazes me how many people, some professional options traders included, run from challenging markets. The beauty of options is that we have the ability to make money in any type of market, bull, bear or sideways. I mean, come on, it’s been an incredible environment for bear call spreads and numerous other options strategies… Read more »
Below is my list of ETFs with the most liquid options for the week of May 2. 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 75.0… Read more »
Before I get started I want to encourage all of you interested in trading options to sign-up for my free weekly newsletter. No, I’m not going to send you more than the one email a week and no, I’m not running a service. I’m a trader. This is completely free from all marketing. You will… Read more »
As we all know, oil prices have sky-rocketed this year. And some of the beneficiaries, of course, have been the major oil players, namely Exxon Mobil (XOM). In fact, the oil behemoth has pushed over 40% higher this year, while many stocks have suffered mightily. And my goal is to keep some of those gains.… Read more »
Below is my list of ETFs with the most liquid options for the week of April 25. 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 75.0… Read more »
Volatility continues to remain fairly high across the major indices. And as volatility increases (or at least remains above normal levels), trading opportunities increase, which opens up the options playbook significantly. One security that continues to offer plenty of opportunities to sell premium is the ProShares Bitcoin ETF (BITO). Bitcoin, along with many of its… Read more »
While many of the stocks that reside in the major indices have taken a step back in 2022, there is one sector that continues to make historic strides. According to Jason Goepfert of Sundial Capital Research, “A funny thing has been happening in stocks since late February. Stocks usually relegated to widows and orphans have… 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!
