by Jeff Bishop | Nov 12, 2020 | Uncategorized
A couple of days ago, I got into call options in Zscaler (ZS) expecting to hold them for at least a few days. But as the stock ripped higher, I decided to cut half my position the same day. Why would I lock in some profits early instead of letting the trade run? Quite...
by Jeff Bishop | Nov 10, 2020 | Total Alpha
Days like yesterday hit you one of two ways: like you own the world or it’s passing you by. I was in the second camp since I didn’t have many positions going into the weekend. While I felt the urge to jump in on Monday, I didn’t just click on the first call options I...
by Jeff Bishop | Nov 9, 2020 | Editorial, Options Trading
Lower volatility means higher stock prices right? I mean, that’s what we’re told. After uncertainty got sucked out of the market, this is one factor I believe it’s important to focus on. Right now, I’m not cheering on the nosedive in the S&P 500 volatility...
by Jeff Bishop | Nov 8, 2020 | Total Alpha
I don’t know about you but I am fired up for this week! After a stunning reversal, markets ripped higher, stuffing the bears back into hibernation. And man it created some ridiculous moves. Aurora Cannabis (ACB) shot up over 130%, while the MJ Cannabis ETF gained more...
by Jeff Bishop | Nov 7, 2020 | Editorial, Total Alpha
While my Bullseye trade of the week had a REALLY GOOD run lately, sometimes the market feels the need to rain on my parade. I know the past week’s loss in TAN frustrated subscribers – it certainly bothered me. I believe I took it well… But rather than...