Ok, I'm on an airplane on my way to San Francisco to present at a conference and to hang with our boy JC, so please forgive the liberties I took with the title of this trade plan. Clearly I'm showing my age...
Honestly, I never thought a uranium play was something that would ever come across my desk, but a week ago JC published a piece highlighting the uranium space as displaying bullish turnaround characteristics -- which offers a nice portfolio...
It's been quite a bounce in the markets since the end of October. And we expect to see many more such bounces in the days and weeks ahead as market participants battle to find equilibrium in a tape that has definitely been thrown off balance since...
One of the beauties of options trading is even when we don't have the highest conviction in a trade, we can still participate by lowering or shifting our risks. I come from the school that says spread your bets out across the market -- small --...
It is not often that we fade stocks here at All Star Options. Mostly, we like to identify emerging trends or smart entry points in long established trends and hop along opportunistically for the ride. But given the market environment we're in, we...
It has been a wild couple of weeks for participants in US equities. Up is down. Black is White. Dogs sleeping with cats. This is what happens when market regimes go through change. The ripples can be seismic.
Disney is another stock that has been on our watch list for a short trade, but has stubbornly held on... until today. We had been waiting for $DIS to close below $113 and on Wednesday our criteria was finally met.
We don't do a lot of "earnings" plays here at All Star Options. We don't scare away from entering smart trades with defined risk ahead of earnings reports, but only if we feel there's a larger play in the cards.
So far, this new corrective phase in U.S. stocks is playing out according to script: Deep down moves, interrupted by gravity-defying bounces that suddenly get saddled with lead weights which drag stocks back down with the fishes. Sorry for the...
Where I live in Colorado, we received our first snowfall of the season. And it meant business. Today, we woke up to 8 inches of overnight snow and it kept falling all morning. Yesterday, it was nearly 70 degrees and sunny. It's the time of the year...
Long trades getting blown up all over the place. Luckily for us, we'd had a good run coming into last week with opportunities to take profits in a lot of our positions. That makes the exits and adjustments that have been...
U.S. stocks gave everyone a little reminder last week that stocks don't always go straight up in Bull Markets. Significant gains will be seen in the drivers of every bull run, but not without pauses and pullbacks along the way. Overall, we're still...
Gotta love it when the market hands us a little two-way action to remind everyone that stocks go both up and down. And more importantly, I get real excited when I start to see options premiums rise thanks to irrationally freaking out market...
We were bullish on Microsoft all summer, and with $MSFT printing another new all-time high this week, our stance hasn't diminished in the least. The only thing that's changed is we've raised our price target. That tends to happen in bull markets....
We've got 46 days until November expiration and it's always good to have some income trades on for every monthly expiration. It just makes good sense for somewhat diversifying our portfolio. We don't want to have only directional and/or long premium...
As the Technology sector goes, so often goes the market. And the Tech Select Sector ETF $XLK has been going nowhere -- increasingly so -- over the past several weeks.
Does anybody here think broader market indices go sideways from now until...
This is the monthly conference call for Members of All Star Options. In this call we will discuss the current market environment and focus on price and volatility behavior. Throughout the session, J.C. Parets will add commentary on the technical...
Sometimes I think I have a little too much fun writing headlines. But, when we're looking into opportunities in the gaming space, I guess it comes with the territory.
We recently took a look into the newly configured ...
With markets having a big breakout on Thursday, our bullish US equities case continues to be confirmed. And with new all-time highs usually comes lower and lower volatility being priced into options.
Casual readers of All Star Charts will notice we've been warming up to the idea of being bullish Precious Metals and Miners for a turn. Check these recent posts to get up-to-date on our thoughts:
Continuing with a theme I discussed coming out of Labor Day Weekend, volatilities continue to remain low across major stock indices, within the majority...