As I always say, we, as options traders, have the ultimate advantage over other investors. Unlike most investors, we have the ability to structure our positions in a way that generates profits regardless of the direction of the underlying stock or ETF. Take for instance the iron condor: an options strategy that thrives when the market … Continue reading A Bearish Iron Condor? In SPY?
We’ve witnessed an incredible move in the S&P 500 (SPY) over the past few weeks. On March 25, the SPY traded at a low of roughly $383.50. As of the close on April 15, SPY was 8.4% higher at $415.87. An extreme move indeed. And it’s a move that has led to an extreme overbought reading in … Continue reading Higher, Higher, Higher We Go . . . A Short-Term Strategy for an Overheated Market
Are you a strong believer in the future of electric vehicles? If so, I have a wonderful way to buy what many analysts are calling the “Chinese Tesla.” The company . . . Nio (NYSE:NIO). I am offering a conservative way to bring in $220 every 43 days in NIO while having the ability to … Continue reading Buy the ‘Chinese Tesla’ (NIO) for 12.7% Less Than Market Price and Pocket $220