I dunno why, but thinking about train tracks and rail stocks got me thinking of Blue Steel. There is absolutely no connection between today's trade and the pose made famous by the Zoolander film. But, you're welcome.

Today's trade idea comes...

Our Ian Culley said it best:

Don’t catch falling knives!

It sounds simple enough. But in reality, traders continue to lose fingers as they reach for downtrending assets.

It's true in stocks, it's true in commodities, and it's...

While this certainly is not the market environment to be taking aggressive long bets in, there are some stocks that are displaying tremendous relative strength that we can play with strictly defined-risk positions to protect ourselves.

Our...

Here's a snippet that sums up a conversation I had with my Head Technical Analyst Steve Strazza this morning:

Me: Any trade ideas have you excited this morning?

Steve: Nothing. New lows everywhere today.

Me: I know. It's ugly...

Put September and Q3 in the books. It was one to remember.

But we're turning the pages to October today and the rally in the markets is helping to reveal where the new strength may emerge for the next bull run, as well as some significant...

Premiums remain elevated in the options market as volatility persists and confusion among market participants reigns supreme.

We sold a delta neutral spread on Friday to take advantage of this environment. Today's trade will also be a credit...

We recently closed an October Short Strangle in the Energy ETF $XLE at our profit target. The timing was pretty fortuitous, considering the wild ride all stocks have been...

I know this might be breaking news to some of you, but there are often great opportunities to be had in international stocks. And the All Star Charts International...

Every week, the team publishes the Follow The Flow report which surfaces unusual options activity. This is a report I reference often, not because I want to do the same trades that surface in the...

What a wild week, eh? On Tuesday, the rug got pulled on dip buyers with the latest inflation data point coming in hot, throwing a whole bunch of confusion into the market regarding the future of interest rates. Or, so I'm told.

The net result...

Today, it looked like the market wanted to continue yesterday afternoon's powerful late rally.

Well, it was not to be, as stocks have broadly declined since lunchtime and indices are in the red as I type this.

For me, this offers yet...

When the ducks are quackin'... feed them!

With volatility still up since Friday afternoon's stock market freakout, we're going to continue to take advantage of this volatility rise to add an additional, much-needed delta-neutral credit spread...