Trade Of The Week

Options Trade Of The Week – COST

With the latest rally extending up almost to new all time highs, we are left with a market that is pricing in perfection. The latest move higher over the last few weeks has left many stocks that we look at in overbought territory. As a result, I am shifting my... Read moreread more

Options Trade Of The Week – ROKU

We saw the market make another run up towards all time highs this week. Over the last few years we have seen every market selloff bought up quickly with very little damage being done for any length of time. As a result we continue to see many stocks at extreme... Read moreread more

Options Trade Of The Week – UAL

We continue to see markets driven by headlines here this week. Everyone’s focus is on the trade war with China, new tariffs ready to kick in over the weekend, and the Trump tweets that seem to come out every few hours. As a result, markets have been stuck on a... Read moreread more

Options Trade Of The Week – TGT

Risk can increase in a hurry! That is the story of the last week. We have seen the market volatility pickup across the board over the last few weeks. This is due to a number of factors including: Headlines from the ongoing trade way with China, President Trump tweeting about... Read moreread more

Options Trade Of The Week – NFLX

We have been talking about how volatility was due to move higher and that has certainly happened in a big way the last few weeks. The market has been trading in big ranges in both directions which has left many traders scratching their heads on what to do next. The... Read moreread more

DIA – Iron Condor Options Trade

“An iron what?” I distinctly remember that being my reaction over a dozen years ago when I first learned what an Iron Condor options trade was. Trading long calls and puts at that point were my only strategies that I used. However, my mentor at the time highly encouraged me... Read moreread more

Call Spread – Pinterest

We are finally starting to see market selling this week for the first time in a number of months. We have been talking about this move in our last few Options Trades Of the Week. With the selling starting to pickup, it will begin to open our playbook more. You... Read moreread more

Options Trade Of The Week 7/22/19 – MU

Markets are starting another new week hanging out near all time highs. This has become the story for the last 3-4 weeks as many stocks have made runs towards the highs. As a result we are finding numerous opportunities to position our options trades to benefit from a pause or... Read moreread more

Options Trade Of The Week 7/12/19 – VXX

Happy new all time market highs! What an impressive run this market has been on the last few weeks. With so many markets at new all time highs it’s no surprise that volatility has been completely sucked out of this market. In fact, we are going to close the week... Read moreread more

Options Trade Of The Week 6/28/19 – GLD

GLD is one of the few ETF’s in this market that has good volatility. As a result, the options are more expensive giving us more opportunity as an options seller rather than a buyer. For this week’s Options Trade Of The Week we are going to take a look at... Read moreread more

Options Trade Of The Week 6/21/19 – LYFT

The new IPO’s that we have seen over the last year have shown some amazing returns. Names like BYND, LYFT, and now SLACK have been extremely active since they have started trading which makes them ideal candidates for us to trade.   LYFT – Bearish Trade Opportunity With the entire... Read moreread more

Options Trade Of The Week 6/14/19 – EBAY

After selling a call spread on AMD in last week’s Options Trade Of The Week, we are going back to the well by selling another call spread this week. This time we will be doing so on EBAY. We have continued to see a strong market again this week which... Read moreread more

Options Trade Of The Week 6/7/19 – AMD

The market has produced one of the biggest 5 day rallies in a long time here this week. We have seen 5 days in a row of impressive gains to the upside and as a result, the market is overbought in the near term. If you are like me your... Read moreread more

Options Trade Of The Week 8/31/18 – NVDA

For most of the summer months the market has been making new all time highs on a weekly basis. The move higher has been lead by many of the tech names like AAPL, AMZN, FB, NVDA. With so many names at all time highs, there are many opportunities to place... Read moreread more

Options Trade Of The Week 8/10/18 – QQQ

Markets have continued their impressive move higher so far this summer. During that move higher, the Nasdaq has been the leader with names like AAPL, FB, AMZN, and GOOGL leading the charge. As we head into the end of summer, we are expecting the market to slow down and potentially... Read moreread more

Handling an Options Trade Gone Bad

Expecting 100% of your trades to go as planned sets you up for disappointment. Many Options traders know that so one question that I get asked a lot is, “what do you do when a trade goes bad?” Asking that question shows that these traders have their expectations in check... Read moreread more

Selling Iron Condor Trade Of The Week – Options

For this week’s Options Trade Of The Week we will look to sell an Iron Condor on Target (Symbol: TGT). Target released their quarterly earnings this past week which can often times lead to a period of consolidation – sideways market. One way to make money from a choppy stretch... Read moreread more

Options Trades Of The Week – GLD and XLE

Our Options Trade of the Week usually has one focus but given the big moves in both gold and oil, this week we are going to take advantage of the moves they have made. Here is how it breaks down: GLD (Gold) A large move to the downside makes us consider... Read moreread more

AAPL Sell Call Spread – Trade Of The Week

Apple has moved higher 9 days in a row over the last 2 weeks and as a result, we are extremely overbought in the near term. While this doesn’t mean the stock has to move lower immediately, there is a good chance we see a period of consolidation over the... Read moreread more