How to Generate Income from Your Stocks

June 4, 2010 // 52 minutes

The Market Guys will show you how you may be able to create income from your stocks with options.

Investing Education Day

July 29, 2010 // Chicago, IL

PIN PRESSURE INDICATOR™

Using Pin Pressure as a leading indicator for setting price targets

AJ Monte, Chief Market Strategist for the Market Guys, has written a paper for the Market Technicians Association on the Topic of Pin Pressure.

This document was grounded in research conducted by the University of Illinois showing how Option Trading Volume affected the price of the underlying stock in which the option contracts where traded.

From this paper, AJ has developed the Pin Pressure Indicator™ which is a calculation that computes the combined open interest traded at various strike prices and uses this data to determine price targets for individual stocks as we approach options expiration Friday.

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0 Excerpt from The Equity Oracle 11/9/08

Friday finished strong on the DIA so we would expect to see some follow-through on Monday but the overall sentiment is still very weak. As we saw, the market registered the election news with a fairly steady sell-off on Wed and Thurs. While Friday’s trading closed strong, the intraday chart was very flat. That’s not giving us a strong sense of buyers for the coming week. Look for selling as the week moves on – with $80 being the key support level.

Monday gapped up and then sold off for the week.  The DIA low was hit on Thursday – at $79.85!  A one-week 13% selloff stopped within FIFTEEN CENTS of our projected low!  If you want to find out how to learn the language of the markets, too – Click Here for The Equity Oracle!