Credit Call Spread To Take Advantage Of Potential Downward Pressure On QQQ N/T

posted in: Derivatives, Equities, Technicals | 0

Unless momentum changes swiftly, the tech-dominated Nasdaq 100 index once again is beginning to lag, creating opportunities for nimble traders. The Nasdaq 100 has come a long way.  It is up nearly 29 percent this year – much more than … Continued

TLT Repelled At Resistance – Likely Headed Lower Near Term

posted in: Credit, Derivatives, Economy, Technicals | 0

Last week, bond bulls wasted a big opportunity.  Sort of.  Intraday Friday, 10-year Treasury yields broke down, but only to recover big by close. On December 15 last year, yields hit 2.62 percent before retreating.  This resistance goes back to … Continued

Iron Condor On SPY Assuming Range-Bound Action Continues This Week

posted in: Derivatives, Equities, Technicals | 0

Of late, volatility has been volatile.  Twice in the past 15 sessions, VIX, the S&P 500 Volatility Index, has surpassed 16, only to quickly reverse to the downside, and broken below 12 three times, only to reverse to the upside. … Continued

IWM Breaks Out — Shorts Can Use Options For Damage Repair

posted in: Derivatives, Equities, Technicals | 0

IWM, the iShares Russell 2000 ETF, broke out Thursday, and it is time to pay heed to that famous quote, “When the facts change, I change my mind.  What do you do, sir?” To refresh, back on May 26th, hypothetically … Continued

IWM: Weekly Credit Call Spread To Benefit From Probable Downward Pressure N/T

posted in: Derivatives, Equities, Technicals | 0

IWM breaks out of 11-month range early Feb, but momentum slipping; loses Oct 14 trendline Short interest building from low level; large specs adding to net shorts in recent weeks Credit call spread to take advantage of probable sideways/down move … Continued

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