Anyone Can Do It (Supposedly)

Hi Shoppers, Trading, of all things, is the latest trend.   Maybe lockdown has given people more time to look at their phones … which is just what we needed “Social media platforms,” the Wall Street Journal recently opined, “have become the new Wall Street trading desks.” Think about that, the Designated Market Makers (DMMs) of…

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Looking for a TWTR Bounce

Hey There Shoppers, Usually in this space I chat about a stock that I’m trading, along with a story or some experience I’ve had regarding that stock. But do I dare attempt to @ Twitter (TWTR)? The last thing I want to do is go political.   I would like to say one thing, though ……

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Back to Disney

After DIS had run up $15 to $181 in eight days, I thought it was primed for a pullback I recommended the Feb19 165/150 put vertical for $2.08.   On Monday, DIS started out up a bit, so the spread could be had for $2.00. Well, Monday ended up being a pretty volatile day in DIS and SPY. DIS had an almost eight dollar…

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Check Out My Research On Silver

I think we can all agree, as traders, one of the most challenging aspects of being a profitable trader is finding good ideas i.e. the best risk/reward strategies. One great tool to help my trading process is to take a closer look into those large volume trades.   I break them down and analyze each trade to figure…

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Mark Sebastian … Great Guy

I met Option Pit CEO Mark Sebastian in 2017, when a great old friend from my trading days told me she had an options trader in the office looking for an options trader. I went to meet Mark and saw that he had taken over my old space and my actual phone line from when…

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The Wonderful World of Disney

When I think of Disney I think of pure perfection.   Disney World in Orlando is just done so well.  Everything is pristine, perfect, and not a hair out of place.   It truly is the Magic Kingdom. I am sure it isn’t easy to create that feeling and keep it up over all the fourteen theme…

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My 7 Core Principles for 2021

No one wants to be anything less than their best. But are you willing to put in the work to make that happen? Do you have the right direction in order to make that happen? The answer to my first question is on you, but I can help with the second. I developed a short…

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Weird Week?

Hi Shoppers, This is kind of a weird week, right? We just finished Christmas … Gifts are opened and bellies are full. Some of us are hungover. Some of us are just worn out.   But we’re happy. It was fun … all the planning, shopping, wrapping, cooking and celebrating together. (As best we could this…

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Merry Christmas!

Hi Shoppers, I know we are all scrambling with our last minute shopping and cooking, I am a pro at last minute. It’s funny the gift I am most excited about is the Flippity Fish for our cat.  I think that reflects what a crazy year this has been. Actually, our pets become an important…

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