There are a lot of forces at play in the market right now and, in many ways, we are in uncharted waters. But there is actually a logical and simple way to boil it down and find the right strategy (call, put, spread) that sets up a high potential win.
Many are getting blinded by constantly hearing that all time highs mean everything is skyrocketing up. That couldn’t be further from the truth. The fact is there is a lot of rotation going on inside of the major index numbers that get flashed on the news. It is definitely not a time to be throwing darts at the wall.
Almost casually, without even realizing it, Keith Harwood tossed out one of the best explanations I have heard on how to match the optimal option strategy with the right stock in the right sector to best hit your individual trading goal. I know that is a lot to unpack but if you check out this quick market chat we had you will see what I mean.
And if that wasn’t enough, he also showed us a great trade that I will pretty much guarantee you weren’t even considering. The success he has had with his Forecaster Toolbox (he offered up a free trial here) has been astounding.
He even had some great advice on dealing with trading through the shutdown. It’s a quick video chat so be sure to check it out.
Keep learning and trade wisely,
John Boyer
Editor
Market Wealth Daily
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