Tales of a Technician: Don’t be Obi-Wan Kenobi
January 18, 2017
Trading can be a lonely sport. I needed community, a place I could go for inspiration and accountability. A place where seeing others trade made me want to trade.
January 18, 2017
Trading can be a lonely sport. I needed community, a place I could go for inspiration and accountability. A place where seeing others trade made me want to trade.
January 11, 2017
Riding the trend is different with option selling. The limited reward nature of naked puts and the like means once the credit runs out, your profit dealing ventures are over. Unless, of course, you sell another put. And another one after that. And another after that.
January 10, 2017
By Tim Justice
In this video tutorial, Coach Tim Justice teaches how to find the best candidates to trade the Covered Call options strategy using the Theta Research tool.
January 5, 2017
Today’s topic: Why I don’t mind selling options even when implied volatility is low.
December 30, 2016
Once upon a time I didn’t use a trade journal. Then I got smart.
December 15, 2016
Precious metals are reeling following yesterday’s rate hike. GLD, SLV, and a cohort of miners are down anywhere from 1% to 9%. It’s a day of celebration for bears and a day of mourning for bulls.
December 14, 2016
Ho ho ho! I’m Santa, and I’m a friend to investors one and all. Matter of fact, I’m probably their best friend. My loyalty is unmatched. I deliver more gifts to stockholders than any other fictional, mythical figure.
November 28, 2016
Thanksgiving was bittersweet in the Craig clan. Our beloved December Iron Condor was laid to rest on Tuesday.
November 15, 2016
It was the eve of Election Day; the final chapter of a bloody battle between a crooked donkey and a bombastic, wicked-tongued elephant.
November 3, 2016
Pre-election jitters are building and weak-kneed investors are abandoning ship left and right. The small- cap laden Russell 2000 Index is now 8% off its September high and the rest of the big benchmark are following in-kind. But do you know where risk is perceived to be the highest? Mexico. I’ll leave the search forREAD MORE
October 19, 2016
When entering the realm of adjustment thinking one must be careful to avoid what I call salvation syndrome.
September 28, 2016
The blue bird flies again! Shares of Twitter (TWTR) are soaring this week following reports from CNBC and Bloomberg that Mickey Mouse, Salesforce.com, and the Googster are expressing interest in acquiring the company.
September 15, 2016
In strong up months covered calls cap your profit thereby delivering underperformance and a healthy dose of regret. In down months they’re worth their weight in gold.
August 31, 2016
Last week I addressed how to invest with stocks at all-time highs. The conversation focused on longer-term investors’ leery of putting new money to work with the market seemingly skirting the stratosphere. Today I want to pivot the discussion toward active traders.
August 17, 2016
While there are myriad advantages to dutifully digesting these weekly missives, let’s highlight my top two: idea generation and education.
July 20, 2016
Why does the S&P 500 have to go down at least 20% before a new bull begins again? What if that WAS the Bear Market?
July 13, 2016
It’s been awhile since I’ve thrown out some technical analysis goodness. Today we focus on the volume indicator.
July 6, 2016
Today’s survey of recent big winners greeted me with parabolic short setups galore. Let’s just say the halls of overbought securities are getting crowded. Bonds, silver, gold, and gold stocks are all beckoning to brave little bears to come and try their hand at the reverse-knife catch.
June 29, 2016
The world of “what-ifs” is exciting, but often becomes an endless stream of time-wasting if one forgets to bring along a dash of moderation. Sometimes excessive tinkering yields the complete opposite result than originally intended.
June 22, 2016
I recently trumpeted the virtues of Sir Gamma for all to see. His philanthropic work was on full display. It was my duty to ensure the denizens of Options land understood the benevolence of Sir Gamma. And now they all know who to thank for the explosive profits embedded in their option purchases.