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Friday 13th Could Have Been Scarier
This week saw wholly expected volatile behaviour in the last serious week of this bumpy earnings season. Friday’s action was a tug-of-war as inflation concerns were calmed, but will that be enough? If you cast your mind back to just before earnings, it looked optimistic, but the first week set the scene with the financials taking a hit. This had me accelerating my more bearish outlook. It’s important to not be wedded to a particular viewpoint. I commented on this in the Telegram groups. When you look at the markets through the lens of buyers vs. sellers, supply/demand, you see things more clearly and can pick a side with greater accuracy. Be ok with being wrong with your viewpoint. The market is an expert in tripping up peoples’ views! If you missed Thursday’s webinar, here’s the link. I went into
Market reviews and blogs
Your best source of investment news from WiseTraders and Guy Cohen.

Jittery Markets Scrambling to Rotate
Greetings from Mayakoba, where I’m making a quick visit to help finalize preparations for our OptionEasy Bootcamp in May! It’s

Odds of Market Correction Are Growing
Last week’s “Dry Powder” call was inspired, and I’m going to repeat it for this week. In fact I’m going

Volatility and Dry Powder
Well, it wasn’t so much Blue Monday, but Red Tuesday! The SPY, DIA and QQQ gapped down on Tuesday and

Inner Circle Member Up 60% … Only 3% Risked per Trade
Hi Everyone. As I’ve been saying for some time, if the options side of things is too much, or if the opportunities aren’t obvious, then stick to the flags. As such we’re beefing up that section of the…

Flags, Straddles, The Markets and Intraday Flags …
Hi Everyone. I may have been a bit too subtle with this piece of advice, so I’ll make it loud and clear now …
If the straddles aren’t fulfilling the ideal criteria, then stick to trading…

Major Improvements Coming Soon
Hi Everyone. I wanted to let you know about some very important upgrades that are happening with the website in time for the next earnings season.
As you may have seen, during this last earnings seas…
Support & Resistance with Straddles
Hi everyone. I recently received this email which I thought was worth sharing. “Hi Guy, I have another question. I had a trade on GE the other day (58% profit in one day straddle and strangle). I boug…

Recent bull flags
Hi everyone. There have been quite a few decent flags out there recently … here are a few that TradeFinder has spotted for us. Notice that NONE of these bull flags was occurring in a downtrend….

More about flags and prognosis for 2008
Hi everyone. First, thank you for your emails with your success stories! I love hearing about your great trades and overwhelmingly this has been the case. Of course with trading there are also challen…

Trade Flag Patterns with Illuminati-Trader
Did you know you can use Illuminati Trader not just to trade straddles and strangles around earnings season, but also to trade stocks up or down at any time of the year! This means you can use the sit…

Time Decay with Options
Theta T The characteristic of option prices to change purely as a result of the passage of time is known as time decay. Theta is a measure of how time decay affects the option premium. As such, theta …
Volatility and Options
There are seven factors that influence an option’s price:
The type of option (call or put)
The price of the underlying asset
The exercise price (or strike price) of the option
The expiration da…

Trading Options inside the Bid-Ask Spread
The Bid-Ask Spread is the amount by which the Ask exceeds the Bid. This is essentially the difference in price between the highest price that a buyer is willing to pay for an asset and the lowest pric…