Until further notice -- given to us by price action -- there is no reason to be on the hunt for bearish setups. There's no award handed out for being the first to catch the turn. More than likely, you'll needlessly exhaust a ton of capital -- both money and emotional -- taking hit after hit.

Let somebody else take the body blows.

One of the bullish setups JC and I discussed in the latest All Star Options monthly conference call is setting up and I feel like it's getting ready to spring into action.

This is the video recording of the January 2020 Conference Call for Members of All Star Options

Welcome to 2020, where vision will not be in hindsight -- except when using past trends to inform decisions on future price action.

I don't know about you, but I'm pretty excited to kick off a year that is likely to see lots of volatility. Volatility is a traders best friend, when harnessed to our advantage. Sure, investors don't like volatility. But active traders thrive in it. And that's what we are here.

After that setup, I'm going to let you down with my first trade of the year being one to capture what we feel is some sideways action setting up in the metals space. LOL 

This is the video recording and slides from the All Star Options Monthly Conference Call: December 30, 2020.

Tom Bruni is out with a bullish post on Beyond Meat $BYND that has whetted my appetite for an options trade.

Time to take charge!

The mobile payments space is hot. And some price targets for entry have been met. Let's get to work!

This is the video recording of the December 2019 Conference Call for Members of All Star Options

On December 6th, JC highlighted the Health Care Sector breaking out and the stocks he likes best for purchase.

If you want to play along, I've got an options trade in one of those stocks that profits on a run into new highs.

Believe it or not, there isn't a bull market EVERYwhere. Of course, if you give yourself a steady diet of SHOUT!TV! then this is not a surprise to you because everything is bearish (on TV).

As we begin the last leg of 2019 into the holidays, trading often gets a little uneventful (last year being a MAJOR exception). Feels to me a great time to be putting some delta-neutral income trades on. 

The markets may be down today, but we're as bullish today as we've been all year and we love buying dips on bullish names. Today is no different.

One of the names we've been wanting to get into is offering a tasty pullback today, so we're pulling the trigger.

It's been an epic trip to India and Japan for the All Star Charts team, so sorry for the decreased frequency of trade ideas during the past week. We're on a plane now headed back to the U.S. and JC and I were chatting between in-flight meals (10 hour flight from Tokyo!) about some opportunities we're seeing out our windows from 30,000 feet over the Pacific Ocean.

One such area that has our attention is the US Healthcare Providers space. Earlier in the week, our boy Bruni published a piece featuring a bunch of stocks to watch here.

The one stock that most caught my eye was one setting up for a hundred-dollar-roll and all-time highs.

There might not be a bull market everywhere. It seems interest rates are taking a breather here and deciding their next move. And while they consolidate, options markets are currently pricing in some elevated premiums that are pretty tempting to sell if you're a believer in options volatility mean reversion (I am!).