Weekly Charts
I like to run weekly chart scans over the weekends and identify levels of support and resistance at which to sell premium. Here's a few of the more interesting weekly…
I like to run weekly chart scans over the weekends and identify levels of support and resistance at which to sell premium. Here's a few of the more interesting weekly…
I tweeted on Friday some unusual option activity in BC way out in Jan and at the $15 strike and the stock had an impressive day as some short covering…
I don't know the answer, but will keep an eye on certain levels in the major indices and manage risk to trade another day. Everyone, including the bulls, have been…
Earnings are typically an excellent time to "place your bets" and I prefer to do so via options. One of the most common option plays pre-earnings is the straddle or…
With the recent price action in $AIG, the Property and Casualty Insurance Industry is in the process of being combed over for the next mover. I like to trade options…
Todd Stottlemyre and Joe Donohue are at the head of Desert Shore Capital and here are the top 10 reasons the fund will be a success: 10. Todd throws right-handed,…
Now that earnings season is over there are some great opportunities to keep an eye out for. One area I personally like to keep track of are stocks that gapped,…
My gut tells me that this market will give way, just don't know when. As I scan charts nightly I see some setups and I've been building a decent short…
Below are some of the names that have seen an increase in option activity today relative to the past 3 days of trading. No due diligence has been done on…
Here's a decent "high probability" covered call that came up in the scans tonight. $RIGL is a pharmaceutical company that has some pending news on a rheumatoid arthritis drug so…