Sharing the path of becoming a successful lifestyle options trader
S&P 500 futures formed a weekly doji after hitting the short term resistance at 2806. The index is expected to linger around this level with higher probability to the upside. Continue reading “Weekly Review 11 – 15 Jun 2018 (Stock, Gold, Crude Oil markets)”
Congrats if you have bought IQIYI (IQ) call options earlier. Continue reading “Follow up on IQIYI (567% return!)”
Bonus Stock pick – ATHM
Autohome Inc, a great online automobile consumer company in China, with strong growth potential presented a good trading opportunity. Continue reading “Weekly Review 4 – 8 Jun 2018 Part 2: Bonus Stock ATHM”
S&P 500 futures broke the symmetrical triangle decisively after few weeks of side way movement. Continue reading “Weekly Review 4 – 8 Jun 2018 (Stock, Gold, Crude Oil markets) – Part 1”
S&P 500 futures was trending up nicely and ended at 2728. The chances of the index futures breaks the upside of the symmetrical triangle is high next week. Continue reading “Weekly Review 7 – 11 May 2018 (Stock, Gold, Crude Oil markets)”
S&P 500 futures is holding up nicely at 50 weeks MA but slightly below 10 weeks moving average (MA). The suggestion is still remain the same as last week call. Continue reading “Weekly Review 30 Apr – 4 May 2018 (Stock, Gold, Crude Oil markets) & Bonus Stock NFLX”
S&P 500 futures is still having difficulty in breaking above 10 weeks moving average (MA), which has now become the resistance despite strong earnings reported by multiple companies in the week. Continue reading “Weekly Review 23-27 Apr 2018 (Stock, Gold, Crude Oil markets)”
S&P 500 futures forms a weekly doji candlestick and trades below 10 weeks moving average (MA). The S&P futures broke above 10 weeks MA steadily amid Syria mission accomplished at the beginning of the week but reversed and gave back most of the gain at the end of the week. It is now forming a symmetrical triangle. Breaking the resistance line should provide more upside to the S&P futures. Continue reading “Weekly Review 16-20 Apr 2018 (Stock, Gold, Crude Oil markets) & Bonus Stock ISRG”
S&P 500 futures is trading below 10 days moving average (MA). As it has yet to close below 50 days MA, it is still healthy although the volatility has been increasing since late January 2018. With Trump’s first bomb Continue reading “Weekly Review (Stock, Gold, Crude Oil markets) & Bonus Stock IQIYI”
This is one of my favorite trade in 2017 which I would like to share. It may not be the trade that makes the highest return but it is definitely a great example trade to show how I maneuver to flip a losing trade into a winning trade in style. As always options gives us a second chance to be profitable. Continue reading “Greatest trade yet in 2017!”
