A majority of my portfolio at this point is in credit spread with far OTM options as I really don’t like trading December option cycle any other way. However, there are some decent setups forming on both sides of the market and here’s a few of the ones I’m watching. Let me know if you
Narrow Bollinger Bands
I love earnings season and it starts Monday so I’m busy looking at charts and chains. One of my favorite scans is looking for stocks that are in a narrow bollinger band and looking for a catalyst to break them out. Earnings are a perfect time to enter trades that profit from moves in stocks