New Option Trades and Updates

Below is a daily chart of GoPro, Inc. (GPRO), $9.66. Trade:   We recommend selling 10 Apr $8/6 bull put spread (52 DTE) for $300 or better (current mid-point). Technical Setup:   Stabilization on daily and weekly chart with possible big Double Bottom on monthly chart....

Is This Irrational Exuberance Yet?

Since the rally began that started on the results of the Presidential Election, the Dow Jones Industrials are closing in on being up 16.5%. The NASDAQ composite is up just over 15.5%, the NASDAQ 100 almost 14.5%, and the S&P 500 almost 13.5%. The question that almost...

Trade Ideas in All Environments

Brief Market Comments While Market Sentiment is telling us to be cautious, the Market Breadth is telling us to keep plowing ahead Bullish.  So could this be one of the rate exceptions that the “wrong-way” options traders have it right?  As you know, extended markets...