Monthly Archives: November 2012
Butt Ugly!… and then some…
Last week we referred to the post-election price activity as half-ugly, but warned it’d get butt-ugly if we saw further slippage. Well, the Nasdaq COMPX has slipped into correction territory and the INDU and SPX are headed there quickly, each down over 8 percent and now both decidedly below their 200-dmas. By any measure, that’s […]
Half Ugly—But Not Butt Ugly…For Now
Well, you can dress it up anyway you want and attribute the post-election activity to myriad factors, but whatever your thoughts and outlook, price action on the broad US indices has further retrenched and found itself back to some seriously important support levels. Not a stretch to call it ugly. Both the INDU and SPX have retraced just […]
Ask the Crew:
Crew members tackle questions submitted by readers each month
Q: Could you explain how money is made on straddles and strangles? They seem like they would just cancel each other out and break even no matter what the stock does. A: As one side gets deeper in the money the delta strengthens. As the other side gets further out of the money the delta […]
Coaches Corner:
The Greeks
In this month’s coaches corner I’d like to initiate a basic discussion of what’s known in the world of options as the Option Greeks. When you’re a new option trader, learning the Greeks is like learning to drive; you need only know where to turn the key and not necessarily how everything works under the […]
Musings from the Editor:
Meters Running…
When I started to write this month’s article roughly a week ago, my focus was firmly upon the U.S. broad indices. This should come as no surprise, as I’ve been hitting the issue hard in the last couple newsletters and the weekly blog posts out on Thursdays. And with good reason, given that the indices […]
Zaner’s Perspective:
Got Futures?
Hi, my name is Lee Snyder. On behalf of the Zaner Group, I would like to say how pleased we are to work with Traders Edge to offer our futures and Forex services! Do our self-directed trading accounts for futures and Forex include options? You bet they do! More on that later… For most futures […]
TEI Insight:
The Question Stands…
A month ago we looked at the broad U.S. indices and told you that the market was sitting in pretty good shape, all things considered. This is what we offered at the time: Well, we’ve come through the tricky month of September and managed to close out the 3rd quarter in fairly decent fashion, all […]
Trader’s Talk:
TEI’s Louis Horkan Interviews Jeanne Riecss
In this month’s Traders Talk, we’re chatting with Jeanne Riecss, one smart trader who’s managed to find success in the market marching to her own beat. Her path to trading is varied, ranging from work as a flight attendant and stock broker to a career in nursing…oh, she’s also a columnist and trading coach that […]