OPTIONS HOTLINE Update, FYI: +241% in a month and a half on our recommended 3D ($DDD) calls. This morning, I sent a Profit Alert to our subscribers. 3D Systems Corp. is topping the market’s biggest gainers list, trading sharply higher following a Q2 earnings beat. While shorts are squeezed, as investors and analysts rush in, our great subscribers calmly book their gains. They are seeing their patience pay and their trade triple.
“It’s kind of fun to do the impossible.” — Walt Disney
OPTIONS HOTLINE Update, FYI: +125% in 2 weeks on less than a 5% move in Disney, with an always known and strictly limited risk! This morning, ahead of an upcoming quarterly earnings report, I emailed a Profit Alert to my nimble #OptionsHotline subscribers.
They bought our recommended $DIS call at point A. and sold at point B. From 07-23-18 to 08-06-18, $DIS went from $111 to $116 and our option went from $200 to $450.
Markets don’t move down a one-way street. The news of record-setting stock prices Mr. Trump is so fond of touting hasn’t been booked by this Internet darling. As you can see by my daily candlestick chart of TripAdvisor shares, the online travel brand company settled today’s session pointing south.
by Steven Sarnoff
I’m not big on promotions, but thought of this one as a salute to Chuck Berry, the progenitor of Rock ‘n’ Roll and to basketball, the sport I love, down to the Sweet 16 of the NCAA tournament.
If anyone you know is interested in subscribing to our service, feel free to pass along this promo.
Attention Traders, Sweet 16 FLASH SALE: 16% Off OPTIONS HOTLINE, Through This Sunday. Enter code SWEET16 to subscribe and receive Steve’s next Option Trading recommendation.
During March Madness, our readers have already seen:
+118% in 1 month on ConocoPhillips
+82% in 9 days on the Russell 2000 index
+98% in 2 days on Citigroup
Today was the worst day of the year for stocks, but not too shabby for OPTIONS HOTLINE subscribers. The Superleverage power of my method was on display, as our recommended Citigroup May $60 put, triggered 03-20-17 at $2.00, traded 03-21-17 at $3.30, +65% in 1 day, on a 3% move in the underlying shares, with an always known and strictly limited risk!
On Sunday, 03-19-17, I emailed my readers, “Professionals have seen the recent sector underperformance and are fading the financials. Some may call that crazy, but it may just end up being crazy like a fox.”
“If you spend too much time thinking about a thing, you’ll never get it done.” — Bruce Lee
This week, with more earnings and big mergers on parade, there is plenty for traders to digest. Add to that, the myriad of technical tools available at your mouse-clicking fingertips and you can see how traders can easily be bogged down and confused by conflicting indicators and information overload.
As a technical analyst, aka a “chartist,” you have the ability to overlay a veritable smorgasbord of studies on your chart. That can quickly clutter the picture and cause indecision.
So Sarnoff, what is your solution?
The answer is to study the technical indicators, pick a handful you like best, and use them.
I want my chart to paint a vivid picture, depicting the human behavior (buying and selling) that drives the direction of market price movement. I prefer to look at a clean and clear chart, one that readily reveals which side (buyers or sellers) has the advantage. I can then go about determining when and where the balance of power is likely to shift. Continue reading
by Steven Sarnoff
When temperatures start to fall, bears are known to move into a “get fat quick” phase. They gorge on anything edible to fatten up and survive their lengthy winter slumber.
When asked why the market was up or down on a particular day, my dad would reply in his Brooklynese, “Sometimes the bulls gotta get fed and sometimes the bears gotta get fed.” One of the lengthiest bull markets on record has left beleaguered bears hungry for a turn.
Are they ready to feast? Continue reading
My Options Hotline subscribers doubled their money in just one day, today! Here’s how they did it.
Option buyers are the only ones who have the Superleverage power to use OPM (other people’s money) to profit from changing prices, with an always known and strictly limited risk at all times. Options also allow sensible speculators the opportunity to profit from stock moves both up and down.
Such has been our experience this year, using shares of silver streaming company Silver Wheaton (SLW) as our proxy for the precious metal. Continue reading
No, not that Bond. I’m talking US Treasury bonds! In today’s session staid T-bonds sold off a little over 1%, as investors fret over future central bank monetary largesse. Interest rates move inverse to bond prices, so falling bond prices mean higher yields.
Our Options Hotline subscribers were positioned beautifully for this scenario and saw their money multiply in just over two weeks! Continue reading
The power of our Superleverage method is shining as shares of SUN (Sunoco) are setting back.
On Sunday, August 21, 2016 I recommended that our Options Hotline subscribers buy the Sunoco September $30 put for $50 or less. That recommendation was triggered at the opening on Monday, August 22, 2016 for $40, with SUN shares trading at $30.72.
We call this an “el cheapo” option play, because each option gives you the right to control 100 shares of stock for less than $100. The reasons the option was inexpensive are that, with SUN at $30 or above, the option had no intrinsic (real) value and there wasn’t much time until expiration (the third Friday in September). Continue reading