Selling Premium (Part 2)
In part 1 I discussed the ranges of the $SPX which gives me an idea of what to expect for the coming option cycle. In the opex chart that I…
In part 1 I discussed the ranges of the $SPX which gives me an idea of what to expect for the coming option cycle. In the opex chart that I…
Over a series of posts this week I'm going to share some of the process I go through each option cycle to discover where I should be selling $SPX premium.…
Today's price action saw the small caps ($IWM) and the large caps ($SPY) diverge, especially as the day wore on. I've always associated the small caps as the riskier play…
It's no secret that my market participation consists mainly of selling premium on the "broad based" indices. In fact, I'd go even further and say that it's really only the…
In a word, no. Not even close to being oversold. As the $SPX has teetered around the 1115 area recently it has given the overbought and oversold signals a nice…
June option expiration has come and gone and the markets have held their own as each of the major indices stayed above the 200 SMA. The biggest gainers for the…
I've always been a fan of volume and still to this day I like to keep an eye on it. Not so much the day-to-day volume, but more like when…
Quite a week as both the $SPX and $INDU broke through their 50-week simple moving averages. Breadth (percentage of stocks above 200 SMA) took one on the chin in every…
May is done as we start a holiday shortened week in which we are still stuck in a range. So much going on in the world and here in the…
In case you were out last week and haven't read a single thing or turned on your TV, the markets broke down last week. The $SPX and $INDU closed under…