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…
Illinois Tool Works Strangle (ITW)
I like to sell premium but there are also times that I like to buy options and pre-earnings can be a good time to do so, especially with volatility being…
Digital River (DRIV) Ratio Spread
Earnings are a great time to look for some quick and explosive moves in some names and then structure an option strategy around that to possibly profit from such a…
Potential Earnings Short Squeeze
I love short squeezes and typically look to profit from them as they happen. However, I don't like to take a directional position through earnings but this is where some of the…
RIMM Earnings Play
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…
Stampede?
It appears as though the bad news for our economy is falling on deaf ears as the reports this morning were less than favorable. New home sales are down 40%…
Classic Short Covering
What we saw today in the last hour or so of trading is an example of a short cover rally. As soon as the S&P broke the morning highs, the…