Cashing In On an “Over-Priced” Option

July 17, 2019

Each week I run my “Trade Scan” looking for “over-priced” options to “cash in” by selling credit spreads. Look what I found…

… Several stocks hit my screen but the one that got my eye was medical device maker, Boston

The Best Time To Be A Spread Trader

April 24, 2019

 

Do you know when it’s the best time to be a spread trader?

Friday afternoon at 4:00 PM, of course.

That’s when we watched our DowDuPont [stock_market_widget type=”inline” symbol=”DWDP” template=”basic” color=”default”] trade expiring worthless for a $550 profit and …

Close A Trade Early For A Loss Can Be A Winning Strategy

December 5, 2018

In trading, losses happen…

Good traders know this and plan for an early trade exit when the position goes against them.

Because they know that ONE really bad trade can wipe out the gains of previous winning trades.

My latest …

9 Post-Earnings Trade Set-ups

November 27, 2018

I just released 9 post-earnings trade set-ups in my latest Trade Scan video below.

Even with earnings over, the implied volatility in these stocks is still above 50% and rich premiums are there for the taking.

Check out my latest …

Don’t wait. Take profits early…

November 27, 2018

Nobody ever got “fired” for taking a profit… as the old trading adage goes.

That’s why when Las Vegas Sands [stock_market_widget type=”inline” symbol=”LVS” template=”basic” color=”default”] stock sold off hard in one day, our Smart Options Income members closed our LVS …

Bullish on IBM? Here’s The Trade

November 8, 2018

IBM [stock_market_widget type=”inline” symbol=”IBM” template=”basic” color=”default”] announced earnings on October 16th and the stock sold off during the recent market correction.

But Implied Volatility remains high in IBM and that’s good for option sellers. If you are bullish on IBM …

Collecting Cash From a Wide Spread

November 1, 2018

Sometimes it pays to go wide.

We just closed a bull put spread trade on Amazon [stock_market_widget type=”inline” symbol=”AMZN” template=”basic” color=”default” refresh_frequency=”0″] for $474 net after trading commissions in just 8 days in my Smart Options Income service.

The …

The “Insane Volatility” Trade

October 31, 2018

Every once in a while, the market gods bestow a gift upon us “lowly” income traders…

… a stock with such insane volatility that collecting premium is like shooting fish in a barrel.

A stock that is so volatile that …

Max profit on Apple (AAPL) trade

October 29, 2018

We closed our Apple [stock_market_widget type=”inline” symbol=”AAPL” template=”basic” color=”default”] Spread last Friday for MAX PROFIT…

$540 (22% return) from a trade that was opened right through this “market madness” of the last few weeks— All thanks to my 80-20 Trade …

The Goldman Sachs “Volatility Crush”

October 16, 2018

Goldman Sachs [stock_market_widget type=”inline” symbol=”GS” template=”basic” color=”default”] reported strong earnings today beating revenue on the top line and earnings on the bottom line.

And ran right into the “Volatility Crush”…the day after an earnings report where the volatility in the …