options trading

Broader Market Weekly Performance: Dow +1.33% S&P +1.34% Nasdaq +3.02% Russell +1.28% www.BookingAlpha.com Check out my latest interview on Benzinga and TraderInterviews.com MARKET UPDATE: A lot of action was packed into this Holiday shortened trading week....

The market has found its mojo recently but it is too early to initiate call credit spreads. Our put spreads placed over the last few weeks are positioned perfectly but it is too early to sell credit spreads to create Iron Condors with the existing put spreads. Earnings this week from tech...

A credit spread using AAPL weekly puts was released today but got no executions. We released the put credit spread trade alert right when the stock started ramping higher into the close; 30 minutes earlier and fills would have been plentiful. In the final hour of trading the stock rocketed higher...

It was a busy session today with: -Fed Minutes released, -Nasdaq rebalancing (on 5/2/11) reducing AAPL weighting to 12.33% from 20.49%, -Cisco admits to stubbing its toe in its “operational execution” and loss of accountability, -TXN offers all cash to purchase NSM for $6.5B. NSM soared 71%...

Markets caught a strong bid on today's -2% gap down in response to continued Japanese nuclear explosion threats. Very strong economic data this morning and the Fed's continued support of force feeding the economy money this afternoon helped instill confidence in traders. The S&P opened near...

Today's SPY Iron Condor was an opportunity trade. An opportunity to potentially scalp a nice profit off the SPY became available this afternoon with today's tight market trading range. This morning's volatility juiced this week's options and we jumped on the opportunity. Theta (time decay) took...

Broader Market Weekly Performance:Dow +0.33%S&P +0.10%Nasdaq +0.58%Russell +0.37%VIX +3.25%www.BookingAlpha.com Check out my latest interview on BenzingaMARKET UPDATE:Another choppy week but the market ended up in the green. Last week's 2 sided market...

AAPL released the iPad2 today and Steve Jobs even joined the party; his attendance was under speculation due to his recent health issues. The thinner, faster, dual camera device is already receiving rave reviews. The iPad 2 will go in sale March 2 in the US. Speaking of AAPL, our weekly Iron...

BookingAlpha.com MARKET UPDATE: That market that just keeps keepin on kept on keepin on this week. Here is a quick rundown of the week's events: Pros: -New highs reached and held -Doubled the closing low of S&P 666 -China raised reserve requirements...again -Multi-family housing starts strong...

Well, another trading day and another day of index gains. New highs in fact! I think negative days have been outlawed and I guess the next stop is Dow 36,000. The grind northward continues unabated while the market searches for the next catalyst. Every time weakness occurs, like this morning's “...