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Daily Option Trading Commentary

Strong Jobs Number and ISM Services Push Stocks Up To Major Resistance Level

February 3
Today, we might have gotten the catalyst the market has been looking for. First, the jobs number came in much better than expected. Next, ISM services jumped from 53 to 56.8. The economic news was excellent and the market gaped higher on the open. Unlike the price action during the last two weeks, stocks feel like they want to grind higher. The market is challenging a major resistance level at SPY 135 and it doesn't feel like it's going to back off. This week the PMI's in Europe and Asia were pretty good. Interest rates in Europe were stable and…

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This options trading blog features timely options research. Each day you'll get our forecast and suggested options trading strategies. Search hundreds of educational option trading articles in our archives and learn how to trade options. The topics include credit spreads, covered call writing, iron condors, buying puts and calls, where to place stops on stock options, option expiration, option brokers, which strike price to buy, which option expiration to trade and much more. If you can't find what you need, post your questions about options trading.


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Option Trading Article of the Week

Option Trading - -How I Trade Options - Confidence Affects Strategy!

Posted by Pete Stolcers on October 11

This option trading blog nearly concludes my series on "How I Trade Options". After all of the research and analysis has been completed, I step back and I evaluate my level of confidence by breaking it into three categories; the market, the stock, recent performance. My option strategy will depend on where I am in the confidence spectrum. At the highest extreme I would be buying front month out of the money options. At the low end I would be selling out of the money naked put options on a stock I like fundamentally - in a scaled manner. The…

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Stock Options Question of the Week

Is there an options trading strategy that would produce an income of around 8% per year?

Posted by Pete Stolcers on November 12

Question Is there an options trading strategy that would produce an income of around 8% per year selling FAR OUT THE MONEY PUTS with 3 months duration to expiry? This would be repeated 4 times a year, to produce an 8% return per year. The strategy would be an alternative to investing in a structured product related to a index, where if the index did not fall by more than 45% from a fixed starting level each quarter over a five year period then the 2%/quarter would be paid on the investment. Therfore my question is could options better this return and how? Where the 45% level was breached then the 2%/quarter would not be paid, one breach per year = 6%/year

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