Weekly Review 11 – 15 Jun 2018 (Stock, Gold, Crude Oil markets)

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)”

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Weekly Review 16-20 Apr 2018 (Stock, Gold, Crude Oil markets) & Bonus Stock ISRG

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”

Greatest trade yet in 2017!

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!”

Performance in Apr-May 2016 (May 2016 Expiration)

Yesterday was May 2016 Monthly Equity Options Expiration Friday. It has been a wonderful month for me without a single loss! Is it really a 100% winning rate and I am so accurate in identifying the direction of the market/stocks that I traded? Nope. No one can predict the future but everyone can take charge of it! If you look at my #4 AAPL trade, I was wrong but option repair strategy has given me a second chance to salvage my position and turn it into a wining position! Do click on the link below if you are keen to understand the thought behind the repair strategy.

Continue reading “Performance in Apr-May 2016 (May 2016 Expiration)”

Real Deal May 2016 – AAPL (Turning a Losing Trade into a Winning Trade)

AAPL crashed down breaking the main support around $92 this morning. As a result of this ‘mini crash’, my existing AAPL position (Bull Put Credit Spread) was challenged! There are few ways to repair this position. After considering all factors, I have chosen the most aggressive method, which is to close my sold leg (Refer trade highlighted in green in the screenshot below) and let my bought leg run. I subsequently close my bought leg (Refer the first two trades highlighted in red in the screenshot below).

Continue reading “Real Deal May 2016 – AAPL (Turning a Losing Trade into a Winning Trade)”