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 »
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 »
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 »
There is no doubt that bear call spreads have been the strategy of choice over the past six months, if not longer. For some, 2022 has been a challenging year, but for those that trade options, particularly with a high-probability approach, 2022 has been an incredible year so far. The beauty of trading options with… Read more »
Bear Call Spread in SPY It’s been an incredible environment for bear call spreads over the past year. While many investors have struggled to make a return, we’ve managed to make outsized gains using bear call spreads and several other credit spread strategies. Today, with volatility spiking again, I want to present another potential opportunity.… Read more »
Bear Call Spread QQQ Over the past two weeks, it seems the market has shrugged off all bearishness. The Nasdaq 100 (QQQ) has climbed an incredible 12.5% since March 15 and the many sentiment measures have quickly turned from bearish to bullish. But I’m not focused on the so-called bearishness or bullishness that drown the… Read more »
Each week I send out my High-Probability Mean Reversion Indicator which includes roughly 25-35 highly liquid ETFs. In the next few months, I’ll be doing the same with a highly liquid list of stocks as well. The list contains the overbought/oversold levels of each ETF as well as the current implied volatility and IV rank.… Read more »
SPY Short Vertical Call Spread On February 23rd, I posted a bear call spread on the S&P 500 (SPY). At the time SPY was trading for 429.57. Now SPY is trading under 422, and our bear call spread is worth far-less than half of our original premium. As a result, our profit target was met. As… Read more »
SPY Short Vertical Call Spread On February 14th, I posted a bear call spread on the S&P 500 (SPY). At the time SPY was trading for 436.55. Now SPY is trading under 430, and our bear call spread is worth well-less than half of our original premium. As a result, our profit target was met. As… Read more »
Here we go again! A few weeks ago, I posted a bear call spread on the S&P 500 (SPY). At the time SPY was trading for $454.97. Now SPY is back under $440, and our bear call spread is worth well-less than half of our original premium. As a result, our profit target was met. As… 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!
