Join Stan Freifeld, Director of Corporate Services and head option mentor at McMillan Analysis Corporation for this complimentary webinar event. Binary Return Derivatives (affectionately known as ByRDs) are now scheduled to begin trading before yearend 2014. This new and innovative product has characteristics that are similar to Puts and Calls but there are also some significant differences. Join Stan as he discusss these new binary options and strategies for trading them.
The fall of the year sees more seasonal trading patterns than the rest of the year. Two more major seasonal trades are discussed in the feature article: the Heating Oil-Gasoline spread, and the Post-Thanksgiving Buy signal. Both have worked well often in the past, although not every year. Recommendations are made for both.
It has been a great stock market rally, with $SPX advancing 200 points in about a month. But the advance is slowing, and sell signals are setting up (although none has actually been confirmed yet).
$SPX has minor support at 2030 and also below there, at 2000.
Equity-only put-call ratios have remained solidly on buy signals for nearly a month. They are dropping rapidly on their charts, and it's bullish for stocks as long as they continue to decline.
Renowned option analyst and best-selling author Lawrence G. McMillan is proud to announce his latest edition to his Intensive Option series, the Intensive Option Webinars: Volume 1. Containing over 9 hours of valuable information, this USB flash-drive video set features three of McMillan's most popular seminar topics, specifically Volatility Trading, Modern Portfolio Protection, and Speculative Option Trading.
The bears seemed to have the fight knocked out of them by the big rally from 1820 (on Oct 15th) to here. $SPX moved steadily higher yesterday, and closed at another new all-time high. Meanwhile, the upper 4-sigma “modified Bollinger Band” (mBB) continues to decline because of the decrease in volatility. It is now just below 2021, and with $SPX at 2038, you can see that it’s quite a ways above that Band – in overbought territory, if you will.
The recording of Option Workbench creator Craig Hilsenrath's recent "What's Wrong With Put Credit Spreads?" webinar is now available. See the description and watch the video below. Also, take advantage of a free Option Workbench 30 day trial by clicking here.
The rally continues to push to new all-time highs in most of the major broad-based indices ($SPX, $OEX, Dow, etc.). The advance has been so straight and fast that it hasn't left any support levels in its wake. The only one was at 2001, so a pullback below 2000 would be negative.
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.
