We've had some interesting discussions in our forums about the market topping. Garret is a long time Gann trader and showed us his charts that predicted the SPX topping on June 23 at 1959. The peak …
SPX Jul 17 Broken Wing Butterfly
Time for a new trade in SPX. Another broken wing butterfly trade expiring on Jul 17th with 28 days to expiration. The eight lot of puts are at 1950/1930/1870. The 1930's were about a -22 delta. The …
Trading Goals
John Locke published a good article on trading goals earlier today. Trader's commonly ask "what can I make each month trading?" Can I make $1000 per month? $5000 per month? What's my number? This is …
SPX Jul 11 Broken Wing Butterfly Trade Started
I put a new SPX Broken Wing Butterfly trade on yesterday with 29 days to expiration. It's an eight lot at 1910/1890/1830 with a put debit spread at 1910/1890 for a next credit of $926 on $31,574 of …
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Website Update: New Calendars Added
We added two calendars to help you plan your trading: Earnings Calendar Economic Events Calendar The Economic Events Calendar is for U.S. economic events only. If you trade currencies, you'll …
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Sharp USDJPY Overnight Sell Off – US Equity Futures In The Red
In an article from Zero Hedge: http://www.zerohedge.com/node/489531 "... Unless, or course, central banks finally are starting to shift their policy, realizing that they may have lost controlto the …
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The S&P 500 Move Higher is Strengthening
This is an interesting post from Jim Riggio in our forums where Jim discusses his charts and why he thinks the S&P 500 up move is getting strong... Jim's Post My "Momentum" charts are showing that …
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The Risk is Gone: VIX at a Seven Year Low
The VIX held above 11 most of the day yesterday but closed with a thud at the low for the day of 10.73! The last time the VIX was below 11 was on Feb 23, 2007 when it closed at 10.58. On Jan 24, …
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Jun 28 SPX Broken Wing Butterfly
I put an SPX Jun 28 Broken Wing Butterfly (BWB) on yesterday. They seem to be what many of my option trading friends are trading these days. With volatility at historic lows, trading Iron Condors, …
Which is Better: Married Puts or Long Calls?
I read an article about position sizing using married puts with long stock at radioactivetrading.com. Kurt's strategy of married puts is a good idea, but if you remember from my article on option …
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