Hello Traders! Another week has gone by and I want to update my performance results. I am very pleased with this month’s performance even though I am having a hard time finding trades that I more confident in. This is mostly because volatility is very low in a lot of areas right now. There are (more…)
Hello Traders! I have not made a post since my CELG trade. I have been managing many of the positions, and I am at the point that most of my trades are going to be closed out very soon. I feel a little under invested at this point. I am looking for opportunities to get (more…)
Hello Traders, I closed out the below position today. CELG moved up close to $120 today and the premium came right out of the position. I closed the trade at $0.35 debit. That is about 55% of the potential profit on the trade. That is $420 of credit captured less commissions in about one trading (more…)
Hello Traders, I started a new trade on Friday and would like to share the thought process behind the trade. I have been looking for some good opportunity spread trades to take and I like the volatility in the Biotech Sector. I entered a trade on Friday in Celgene (CELG). Here are the trade details. (more…)
Hello Traders, Check out this earnings trade, or I should say trades and set-ups. Just to fill you in. If you follow my trades from my newsletter you will know that I had a long position on in NKE (Nike) for earnings trade that I planned on if the stock moved up to enter a (more…)
Hello Traders! I closed the FXE position on Monday due to the market action. I tweeted it out. There has not been a bounce at all and I feel that there is going to be a test upward due to the huge down move. May not be sustainable, I have enough trades related to the (more…)
Hello Traders! I am excited to announce that I have published the first issue of “The Game Plan.” Please follow the link below to get to the letter. I am not going to make this first issue for members only, but it will become a members only item on the next issue. If you have (more…)
Hello Traders, Here are the trading support and resistance points that I consider to be of interest for 2/8/15. SPY- Currently at 205.55 R1- 206.14 (This level was tested on Friday but failed) R2- 208.72 (This is the most recent all time high. If this is broke to the upside there is no overhead resistance) (more…)
My Option Trading Summary: I initiated the following option trades today. I wanted to share these positions with everyone so that you can follow each of my stock options trades. I intend on posting the details and the rules for each of these trades in a follow on post. They will be categorized in their (more…)
Hello Traders! I initiated the following trades today. I wanted to share these positions with everyone so that you can follow each of my stock options trades. I intend on posting the details and the rules for each of these trades in a follow on post. They will be categorized in their respective strategies so (more…)
