Master Trader Trade Ideas 8/16/17

The market is uncertain here after the collapse in the broader markets and following robust rally, so we want to stay fairly neutral until we get more clarity.  However, we found two ideas which appear high-probability if they trigger based on the strategy suggested....

MASTER TRADER PLAN FOR WEEK 8/14/17

Right when I thought that this market might avoid taking the hit expected from the extreme in our market internals, it trapped the last holdouts with a Breakout Failure and Topping Tail (BOF/TT).  Having used these market internals for many years, I’ve seen quite a...

Master Trader Trade Ideas 8/8/17

Below is a daily chart of Hess Corporation (HES), $42.90. Trade:    Under $42.65, consider shorting Sep (9/15) $47.5/52.5 bear call spread (38 DTE) at mid-point (closed $.38/share). Technical Setup:  Bearish consolidation in downtrend weekly chart. Option Strategy:  ...

Master Trader Plan for Week 8/7/17

We are right into the peak of the summer doldrums for the markets. So the broader markets’ slow activity should be expected. For another week, the broader markets have ended close to where they started the prior week. Since that is the case, there won’t be a lot...