Nothing like grabbing a 21% return on a trade where the stock moves against you.
We closed out a Gilead Sciences (NASDAQ: GILD) bear call spread for “MAX PROFIT” and a 21% return even though GILD ripped off
The recent market surge has wreaked havoc on volatility.
Today, the CBOE Volatility Index (VIX) logged its sixth consecutive down day.
The VIX has been sliced by more than half since peaking at the Christmas low on Dec.…
Has “fake news” come to financial media?
Maybe… here’s what I found out.
I went to CNBC.com, which told me that we now know why the market plunged in December.
It wasn’t about the Federal Reserve, or computerized trading,…
T-Mobile (TMUS) has continued to steal valuable accounts from rivals Verizon (VZ) and AT&T (T).
But that’s not why I like TMUS as a trade.
The chart looks good…implied volatility is higher the historical volatility… and these
There are many ways to profit when selling options.
I like to trade credit spreads so that even if the stock can stays flat or move against you, you still profit from the trade.
Watch this Trade Scan video below.
In trading, losses happen…
Good traders know this and plan for an early trade exit when the position goes against them.
Because they know that ONE really bad trade can wipe out the gains of previous winning trades.
I just released 9 post-earnings trade set-ups in my latest Trade Scan video below.
Even with earnings over, the implied volatility in these stocks is still above 50% and rich premiums are there for the taking.
Check out my latest…