In the US, tomorrow, Wednesday November 11th, is Veteran’s Day. While the stock and options markets WILL be open for trading, it is NOT a settlement day. When you buy or sell securities, “settlement” marks the official transfer from the seller to the buyer of the securities and the day when the buyer must pay the seller.
McMillan Options Mentoring Senior Option Mentor, Stan Freifeld recently gave a complimentary educational webinar detailing how to profit with delta neutral option positions. The recording of the presentation is now available to the public for free. The webinar description and video below are below. For more information on one-on-one options mentoring, visit the McMillan Option Mentoring information page.
Note that there are three weeks between newsletters, since there are five Thursdays in October. The next issue will be published on Thursday, November 12th, and of course there will be Hotline updates for the intervening weeks.
We have been operating an event-driven straddle buying strategy in advance of earnings for several months now, with mostly favorable results. However, this week something happened that we haven’t seen before: the straddles increased greatly in value before the earnings were announced.
Please join Stan Freifeld, Director of Corporate Services and option mentor at McMillan Analysis Corporation for this complimentary webinar event. The calendar spread is a versatile low-risk trading strategy that can be used in many ways to generate consistent profits. In his presentation, Stan Freifeld, will illustrate several of the nuances of the strategy. Topics will include volatility considerations, the Greeks, how to use the jelly roll, and the implications of using LEAPS as part of the strategy.
Please join Stan Freifeld, Director of Corporate Services and option mentor at McMillan Analysis Corporation for this complimentary webinar event. Exchange traded options that are traded in the U.S. are classified as either American style or European style. The latter type can only be exercised at expiration while American style options can be exercised at any time. Consequently, writers of these options can be assigned at any time.
When the U.S Dollar moves, it often affects the price of many other things, especially commodities. Of course, other currencies move in the opposite direction to the dollar, since we – as U.S. citizens – tend to view everything in dollar terms.
Stan Freifeld of McMillan Mentoring will be giving a free webinar titled The Various Volatilities: Learn How to Use Volatility to Your Advantage for Moneyshow.com eTradingExpo. The webinar will take place tomorrow, 3/17/15 from 2:45 pm - 3:30 pm EDT.
Click here for more information and to register
Now that January is past, most of the seasonal trades are over for this cycle. It was an interesting and somewhat profitable seasonal trading season, but it always behooves a trader or analyst to go over the results of a system while the data is still fresh. This can lead to adjustments – hopefully profitable ones – when the seasonal system rolls around the next time. Furthermore, if no adjustments are needed, it confirms that the system is continuing to work well.
