Why Oh Why, Unbalanced Flies I remember when Henry first started talking about the unbalanced fly — it went right over my head. I thought, “Well, that’s a great strategy for someone like Henry, who’s been doing this twice as long as I have, but it’s too complex for me!” Thankfully, he didn’t stop talking … Read more
Hey Five Star! I’m coming to you from New York City. Last night, I was on “Fast Money”, on the Options Action segment talking about what could potentially happen on Costco earnings today after the close. This is pretty time-sensitive, so here’s my full analysis with video… The unique part about Costco is that it’s … Read more
In my last letter, we talked about the ‘path less traveled,’ — specifically, how unique trading as a profession is, and the variety of paths we have to get to any given result. The opportunity in it, is usually what draws people in. It’s also the primary source of frustration for many. I personally find … Read more
As the year heads quickly towards an end, it always leads me into an introspective state. I must not be alone, because over the course of the past two weeks, I’ve received an increase in emails from traders reflecting the same sentiments. Here’s what they’ve said… The questions range from clarifications on trading plans, examination … Read more
Plus a super special deal As the end of the month draws to a close, I always like to reflect on what’s worked — so that I can do it all again next month. Some of my biggest winners this month have been several of these names: WMT – 79% gain TGT – 231% gain … Read more
& our Black Friday Sale starts today!! Thanksgiving has always been one of my favorite holidays. I’ve always loved cooking alongside my parents, while my brothers and sister argue over who is going to wash the dishes. In the Shay household, we definitely make Thanksgiving a weekend affair. So today I just want to say … Read more
The case for Nike NKE and HD are two of my favorites. NKE is what I would consider a regular, swing trade setup, while HD is just about to report earnings. Both have pulled back down to the 50 SMA, a key area of support, and have begun to trigger to the upside. This is … Read more
Today I wanted to talk a little bit about the areas of the market I’m going to continue to trade for the rest of 2019 and into earnings season in January of 2020. What I’ll be discussing is on the parameters that we don’t get a substantial change in market conditions. Here’s where I’m looking … Read more
When we last spoke, we discussed the extended state of the market, along with how to use Phoenix to give you a heads up to time the pullback. Looking for a reversion to the mean — which is really all I’m looking for when I state ‘pullback’ can be tricky in a very strong, bullish … Read more
Have you wondered if, or when I think about hedging? During this special guest webinar with Sean Fenney, the senior managing director at the Nasdaq, we discuss a variety of Nasdaq products you can use to hedge, along with the technical moments in time where hedging can be warranted. We walk through: Nasdaq equity index … Read more