When you open an options position, you’d like to have the highest confidence that if the stock moves, it’s going to move in the direction you want it to. Chart analysis indicating known patterns can help with this, showing you…
One of the things I’ve wanted to do is record videos on some of the topics I share here. I’m happy to announce my first video is now live on my YouTube channel Please visit the channel, and make sure…
I’ve been using a three-legged Call Spread strategy called the Skip Strike Butterfly a lot more often lately, and I thought I’d share how I did on one this past week. This was opened on Citigroup stock (C). I picked…
For the first year or so that I traded options, I stuck with the basics. Covered calls, Naked Puts, eventually moving on to Bull Call and Bull Put spreads, as well as Bear Put and Bear Call spreads. After some…