It’s earnings season, and that means a lot of investors are going to be in the grip of FOMO Fever - a crippling fear of missing out that can set people chasing already expensive trades in the (irrational) hope they become… more expensive once they’re in them. Everyone wants to strike it big.
But this is the “0dte Market,” where the casino never closes and options expire the same day they’re traded - zero days to expiration - so it’s critical to keep your wits about you, approach trades with caution, and avoid expensive mistakes that could leave money on the table, or worse, take it out of your pocket.
If only everyone realized that… but they don’t. And, as earnings approach, “market sentiment intensifies,” to put it politely, driving up the implied volatility of many trades. This high IV often lures FOMO-stricken investors craving big returns like Dracula craves a mug of O-positive.
But what these folks don’t realize is, increased IV means increased option premium - more expensive options, which can eat into potential profits. .
Fortunately, there are powerful tools available. These effectively “come to the rescue,” offering the straight dope investors like you need to make informed decisions in the frantic casino that is the options market today.
Today, I’m going to show you one such tool — a secret favored by many online experts. They use it like a Leatherman or Swiss Army knife to bend markets to their will…
The Best Options Multi-Tool to Use
Allow me to introduce you to… Market Chameleon —an indispensable tool designed for savvy traders like us who actively pursue high-volume options with an eye toward superior returns.
This platform offers a treasure trove of resources, including seasonality, dividends, and biotech catalysts. But, you need to know how to effectively use that data to identify the best opportunities. It's not just about having access to the resources; it's about knowing how to use them to your advantage.
So, how does Market Chameleon help? You can use it to carefully examine options expiring around specific dates and focusing on those with a theoretical edge and a win rate above 50%. You can find good prospects in an up- or downtrend. Important factors like sentiment, momentum, and resistance play a crucial role in this analysis, allowing you to make more informed trading decisions that actually align with market conditions, boosting your likelihood of success..
But wait, as the saying goes: There's more! Market Chameleon goes beyond analysis. It lets you adjust strategy and concentrate on trades within specific timeframes, which can help you effectively keep costs down. Whether you're looking for cost-effective options trades with a bullish crossover above resistance and in an uptrend, or you're exploring other trading opportunities, Market Chameleon puts the tools in your hand that can help you “move the needle” and achieve success.
So, give yourself a second to get excited about earnings season… There. Now that that’s over, take a look at Market Chameleon. And get ready to make an end run around steep premiums and steep losses as your competitive trading edge gets wider and wider.
Let me show you how it works and what’s under the hood in this video…
Cheers,
Garrett
About the Author
Garrett Baldwin is a globally recognized research economist, financial writer, consultant, and political risk analyst with decades of trading experience and degrees in economics, cybersecurity, and business from Johns Hopkins, Purdue, Indiana University, and Northwestern.