8 Minute Read

Tackle Today: Behold, the Thanksgiving Lull

November 22, 2022

By | No Comments

«Stocks have fallen asleep. Embrace Cash Flow.»

Traders,

Hopes of the Thanksgiving holiday bringing renewed strength to equities are slowly being strangled. It’s not that stocks are weak, mind you. They’re just not strong. Indeed, the S&P 500 seems to have slipped into a Turkey coma. Trading ranges are being compressed, and neither bull nor bear is willing to give ground.

Beneath, the 9-EMA is rising as support and has thus far halted two breakdown attempts. Above, the psychologically significant $4,000 ceiling ($400 on SPY) continues to rebuff advances.

During such a stalemate, one group can declare victory: Cash Flow Traders. Those wielding covered calls, naked puts, credit spreads, condors, and the like have been only too happy to watch the market’s uninspiring drift. It allows Theta to work its magic and deliver daily profits.


Video Of The Day: Jedi Options – Understanding Cash Flow and Theta in Options Trading

Coach Tyler teaches the basics of Cash Flow and Theta in options trading in this Jedi Options.


Chart of the Day: S&P 500 ($SPY)

Chart of the Day: S&P 500 ($SPY)

The narrowing range is creating a bull pennant.


Tales of a Technician

Which Time Frame Should You Sell with Naked Puts?

Here’s what you need to know about the tradeoffs between selling short-term vs. long-term options. This will help you select the optimal time frame for strategies like naked puts, bull puts, and bear calls.

Today’s line up

Traders Lounge 11 AM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

The Coaches Show 8:30 PM EST

This is our weekly MasterMind group. Join the coaches tonight, 8:30 PM EST to discuss the markets and help you prepare for the week.

Halftime Report 12:30 PM EST

The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day, and fun in a way that only Matt and Tim can deliver.


Tackle Trading: Financial Freedom is a Journey. Sign up now for a 15-day free trial.

Financial freedom is a journey

Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.


Legal Disclaimer

Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.

Leave a Reply

Chart Modal

Tackle Trading

Holiday Sale

Attention: Beginners and Advanced Traders!

The Annual Holiday Sale is here!

Celebrate the Holiday Season by taking advantage of this generous offer and save up to –60% on these awesome Trading Systems and Coaching Program!

Offer ends in

Days
Hours
Minutes
Seconds