This upcoming Wednesday at 8pm eastern time, Option Workbench creator Craig Hilsenrath will be giving a complimentary webinar titled "What's Wrong With Put Credit Spreads." The session will discuss the problems with this popular strategy and detail how to discover suitable alternatives in the powerful Option Workbench software. For more information, or to sign up today, visit the link below:
This will be my last option challenge. Each month over the last year, I have published challenge question. Our company has provided valuable prizes totaling thousands of dollars for those who have responded correctly and timely. More importantly, we hope the challenges have been fun and have helped you learn about trading.
The feature article outlines several potential trading signals that are setting up in this volatile, bearish market. In fact, most of the articles discuss current market conditions, because those conditions are quite interesting at the current time.
On page 4, there is a day-trading recommendation, based on the daily Total put-call ratio
We all know that trading options is exciting, highly competitive, and can be very profitable. The key to long term and consistent profits in option trading is options education. The McMillan Mentoring Program, which is run by former Market Maker, white badge AMEX Floor Official, professional trader, and longtime MENSA member Stan Freifeld, can take your trading to the next level.
Volatility has begun to increase, and that has important ramifications for the stock market, as well as certain sectors. The feature article examines markets where volatility is trending higher (bearish) and where spike peak buy signals might eventually set up.
Our publication schedule is back to normal now, after having altered it slightly in August.
Since the publication date is September 11th, we are including a brief special remembrance, in honor of the victims of the terrorist attacks on that day (both in 2001 and on that day in 2012, in Benghazi).
We all know that trading options is exciting, highly competitive, and can be very profitable. The key to long term and consistent profits in option trading is options education. The McMillan Mentoring Program, which is run by former Market Maker, white badge AMEX Floor Official, professional trader, and longtime MENSA member Stan Freifeld, can take your trading to the next level.
Our publication schedule is altered for August, since our office is going to be closed at the end of August for three days. We are going to publish this newsletter on the first and third Thursdays in August. Regular publication dates will resume in September. The weekly Hotline updates will continue to be issued as usual.
A twitter follower recently inquired about extremely heavy option volume in a particular stock. I explained that it was due to dividend arbitrage. For those wondering, the following Q&A from a 2004 issue of The Option Strategist explains the intricacies of this professional-favored strategy.
We have often used the phrase, “oversold does not mean buy.” It is probably one of the most useful phrases a trader can employ. Many a would-be bear missed almost the entire bear market of 2008 because it got immediately oversold in September 2008 and stayed that way all through one of the worst bear markets ever, that unfolded over the next couple of months.
