Managing Vertical Spreads

So far in the early stages of this market correction (dare I say Bear Market? Too Soon?), I’ve been aggressively deploying Bear Call Spreads to attack bearish trading opportunities. Bear Call Spreads are a version of a vertical spread that consist of a short call at or slightly out-of-the-money and a long call further out-of-the-money. […]

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Gratitude (good) and Perfection (bad)

Happy Thanksgiving! During our family’s feast this year I’ll be reflecting on my gratitude to each and every one of our subscribers, and to my team here at All Star Charts. I could not ask for a more engaged audience and a more top-notch group of analysts to work with. This year marks the maiden […]

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Be Aggressive When Taking Profits

Until stock markets sound the “all clear” signal and we can get back to our regularly scheduled bull market, we have to operate with a different set of rules in order to protect our capital — both money and mind. Corrective or Bear Markets require a different set of tools. And it’s not just knowing […]

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Options Volatility Says Keep it Simple Here

Stocks are still near all-time highs, volatilities are once again compressed, earnings season is behind us, and some bullish runs in individual names are looking extended. Coming out of Labor Day Weekend, the game plan should be to keep it simple until things change. I’m often asked how I choose which strategy to express our […]

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Know Your Risks When Trading Options

Options are a leveraged instrument, and if you’re not careful, it’s easy to find yourself exposed to more risk than what you’re comfortable with. A subscriber to All Star Options pinged me this week with some questions and I thought our discussion might be fruitful to everyone… Subscriber: The idea of keeping a good risk […]

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Reader Mailbag: Will I Make It as a Trader?

I received this email from a reader this weekend: Reading that post of your friend, my question is: I am a small trader — really small. I have tried Options rooms before but to no success. They either have you buying so many options of companies you’re bound to win some I guess. I really […]

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