by Al | May 24, 2021 | Simple Option Strategies, Uncategorized
Good Morning! Futures up this morning after a down day on Friday. The NASDAQ was able to close up last week after five weeks of losses. It may now be poised to take a leadership role in the market. Anyone selling in May? I am asking because I have often heard... by Al | May 19, 2021 | Uncategorized
Markets dropped at the end of the regular session yesterday and continued down during the overnight session. What was different was the VIX moved only modestly higher and bond rates did not budge. It does seem that there is some liquidation pressure on some stocks but... by Al | May 12, 2021 | Uncategorized
Good Morning, The S&P 500 dropped 3% from their highs but managed to close yesterday just above its daily trend line support. It also managed to stay above 4100 yesterday at the lows of the day.That did hot happen by accident. The selloff found buyers at those... by Al | Sep 27, 2019 | Uncategorized
I made $350 today using $5,000 of margin with a Put Credit Spread. This is my 9th consecutive win this month trading this strategy. In the video I discuss my pre-market review in preparation for my trade. I noted support and resistance areas that are critical to know... by Al | Mar 9, 2019 | Uncategorized
How I used Support and Resistance in my trade and how it guides my decision to stay in or exit....