New Option Income Trading Ideas for Week 2-19-19

The broader markets continue to defy gravity, closing at the highs and looking higher.  The bears have not been happy, with every attempt to go lower failing after last December’s collapse and bottom. There are many reasons – and bullish patterns – suggesting higher...

New Option Income Trading Ideas for Week 2-11-19

  Below is a daily/weekly chart of Advanced Micro Devices, Inc. (AMD).     Trade:  Over $23.28, consider shorting Feb (2/15) $22/19 bull put credit spread (5 DTE) for a limit of $.22/share (closed at $.26/share). Technical Setup:   Buy Setup and bullish...

CHANGE to Weekly Options Trader TEXT ACCESS

We regularly change the access link to our trader group text (at https://telegram.org/ ) to restrict to our valued subscribers. Here is the new link.  Just click the following link to get access to the “MasterTrader Weekly Options” Group, click HERE   Kindly...

New Option Income Trading Ideas for Week 2-2-19

Below is a daily chart of Zscaler, Inc. (ZS).   Trade:  Over $48.85, consider shorting Feb (2/15) $45/39 bull put credit spread (12 DTE) for a limit of $.50/share (closed at $.55/share). Technical Setup:   Bullish +123 Breakout from consolidation daily, bullish...