In a perfect world, all of us could trade with emotions aside. But, try as we might, as human beings sometimes that can be an impossible task. We aren’t robots, we’re not trading machines — and it’s important to know that but also know how to control it. Because we aren’t robots. What happens is … Read more
A Tuesday Trade Edition: One of the most important concepts in trading is to review your work, and learn from the good and the bad. It’s critical to identify what’s working — to do more of it. Each week, you’ll get a trade from my trading journal, in which I explain my whole thought process … Read more
As a short term, directional options trader I definitely have a list of favorite names to trade. These include: Beyond Meat (BYND) Zoom (ZM) Chewy (CHWY) Wingstop (WING) They get a bad rap with long term investors because they’ve rallied so hard and are so hyped up. However for me, they’re my bread and butter … Read more
The spring home-buying season took a bit of a hit, which is an outcome that some of us could’ve expected. Why? Because sellers didn’t want potentially COVID-19 positive people in their homes during a worldwide pandemic. It makes sense, I’d feel the same way. However, we’re at a point now where parts of the country … Read more
For now. I wanted you to hear this from me. As some of you may already know, I’ll be taking a trading sabbatical for the next few weeks. It’s no secret that this year has been tough on everyone, myself included, so as a preemptive strike I’ll be going flat until June 22nd! Between all … Read more
A lot of the time, I’ll have traders ask me about the “hype tickers”. What I mean by “hype tickers” is those stocks that are highly talked about in the market for whatever reason — like SPCE or TSLA. I get it, as an options trader, if you can time these out correctly… they can … Read more
One of my favorite moves at market open is looking for honey badgers. What’s a honey badger? It’s a stock that defies the relative strength of the market because they’re benefiting from this world-wide pandemic, which makes them explosion candidates going into earnings. When I have my eye on one in particular, I’ll first wait … Read more
As we ramp up for another month of self-quarantine, it’s now becoming more apparent how people are coping with this world-wide pandemic. I used to enjoy my daily routine, going into the office, and interacting with coworkers, but obviously that’s not a possibility anymore. Now, most of my ‘coworkers’ have four paws and ask to … Read more
As we continue into another week, I wanted to talk about a strategy I haven’t discussed all that much. But it’s a favorite when it comes to the end of the week. Why? Because it uses theta decay to your advantage. And there’s no better time to take advantage of theta decay than when options … Read more
There’s no doubt there are sectors in the market that’ve been hit harder than others during this pandemic, but for me, cruise lines are the ones who’ve been hit the hardest, even worse than airlines. Why? For starters, they’re basically floating Petri dishes making consumers unwilling to entertain the idea of vacationing on one of … Read more