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Options Oracle: 01/20/2012

Down the Road This week we will be posting at least 3 new educational videos to our website. Each video will be between 4 to 5 minutes with a focus on a new indicator or price pattern. After these are complete we will post a couple of strategy videos to our member page. The strategy […]

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Options Oracle: Expiration Week Alert 01/19/12

This Friday marks expiration day for the December option chain. We are currently holding positions in the following companies; Baidu, Inc. (BIDU), SPDR Gold Trust (GLD), Netflix, Inc. (NFLX), Microsoft Corp. (MSFT), International Business Machines (IBM), McDonald’s Corp. (MCD), Nike Inc. (NKE) and the condor spread we legged into for the Diamond Trust Series (DIA). See this week’s video »

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Options Oracle: 01/13/2012

This week, we look at Potash Corp. (POT). Last month the stock bounced nicely off of a well developed role reversal support level around the 38.50 level and I’m seeing not one, but two, weekly bullish engulfing patterns. My target price is the role reversal resistance line up at the $51 price range. Buying these leap calls should put us […]

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Options Oracle: 01/06/2012

This is the first new position of 2012 and my goal is to make the first trade of the year a profitable one. Many times you will hear people say, “as January goes, so goes the year”. This is something that many traders believe so we will need to keep an eye on the market to see how […]

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Options Oracle: 12/30/2011

I am happy to say that we had a profitable trading year in 2011 but the best is yet to come in 2012. I expect to to see a lot of ecomonic news next year, which will only add to the volatility in the Market. On top of that, there is no telling how the markets will react […]

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Options Oracle: 12/23/2011

We will have one more alert before the end of this year, and it looks like the numbers will look good for 2011. The market has had its “ups and downs” (literally), but we will certainly close this year with strong returns. I can’t help but be optimistic about 2012 as we await the January […]

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Options Oracle: Expiration Week Alert 12/14/2011

This Friday marks expiration day for the December option chain. We are currently holding positions in the following companies: Baidu, Inc. (BIDU), SPDR Gold Trust (GLD), Netflix, Inc. (NFLX), Microsoft Corp. (MSFT), International Business Machines (IBM), McDonald’s Corp. (MCD) and the condor spread we legged into for the Diamond Trust Series (DIA). There are two […]

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Options Oracle: 12/09/2011

Shown above is a portion of the daily candle chart for McDonald’s Corp (MCD). This stock has been in a well-defined upward trend and has recently pivoted off of a role reversal support level around the $94 price area. Our goal is to sell cash secured puts to collect the premium for the January 97.50 […]

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Options Oracle: 12/02/2011

We held out with patience, and it paid off like a charm. IBM is following the technical charts better than expected, and we are now ready to complete the second part of this trade. Selling the at-the-money, front month calls will allow us to take in another credit to our account. This will also help […]

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Options Oracle: 11/23/2011

This position we are taking in IBM is a contingent buy (Through the long-term leaps going out to January of 2013). The chart I’m using is showing a closing price of 181.31, which is from yesterday’s close. This morning the stock opened up lower after news that the unemployment numbers are starting to climb again. This, combined with week […]

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