January 2, 2020 by Dan • Trade Ideas

Large volume technical breakouts of long bases can be one of the most bullish chart patterns, where a flip can be switched, long term resistance becoming meaningful support. Last year shares of Disney (DIS) broke …

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December 31, 2019 by Dan • Trade Ideas

Its that time of year for financial market pundits… reviewing the year that was and forecasting the year to come.  I don’t find S&P 500 (SPX) targets particularly useful unless I feel there has been …

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December 23, 2019 by Dan • Trade Ideas

After more than ten years appearing as a panelist on CNBC’s Options Action program, Friday’s was my last. In April on my ten year anniversary, I wrote about my experience (First on CNBC), but without …

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December 23, 2019 by Dan • Trade Ideas

On Friday’s Options Action program on CNBC, I teamed up with an old friend Bonawayn Eison who runs equity derivative trading at XP Investments. My job was to offer a near-term view on the direction …

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December 19, 2019 by Dan • Trade Ideas

Nike (NKE) will report its fiscal Q2 earnings today after the close. The options market is implying about a $4.40 move in either direction tomorrow, or about 4.4%. With the stock trading just above $100, …

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December 18, 2019 by Dan • Trade Ideas

Today after the close, Micron (MU) will report its fiscal Q1 earnings. The options market is implying about a 7% move in either direction between and Friday’s close, which is rich to the four-quarter average …

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December 16, 2019 by Dan • Trade Ideas

Last night the Wall Street Journal reported: Boeing Weighs Suspending or Cutting Back 737 MAX Production Boeing Co. is considering either suspending or cutting back production of the 737 MAX amid growing uncertainty over the …

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December 13, 2019 by Dan • Trade Ideas

Last Friday on the site, I detailed a bullish trade idea to play for a retest of Starbuck’s (SBUX) prior highs, and detailed the idea on CNBC’s Options Action program: The trade idea was simply …

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