By Money Morning Staff Reports, Money Morning - • Print | Email
With coronavirus cases, social unrest and geopolitical tensions all on the rise, the market looks uncertain going into the latter half of the year.
But as an options trader, you're always looking for opportunities, even in a time like this.
The only difference is that your strategy might change.
Right now, you're fighting volatility, but don't let that get you down.
Volatility is actually good for options trading, but it does also leave you open to more downside risk.
By Money Morning Staff Reports, Money Morning - • Print | Email
One of the best benefits of trading options, even for beginners, is the ability to profit in both rising and falling markets.
With one small tweak, a winning strategy in a bullish trend easily converts to a winning strategy in a pullback.
But traders can easily be lulled to sleep following the markets trends.
Bearish traders made a killing March and April, but if they didn't switch strategies they lost out during the rally in May and June.
By Money Morning Staff Reports, Money Morning - • Print | Email
We have all seen stocks that cost far more than we'd like to spend.
There's an options trade for that.
Our best Robinhood options trade today allows you to control shares of high-priced stocks like Amazon.com Inc. (NASDAQ: AMZN) without even buying a single share.
We're going to show you how to execute the trade in just a moment.
By Money Morning Staff Reports, Money Morning - • Print | Email
Many beginning investors focus on what they need to do to find success.
And that is perfectly normal.
After all, you need to select the right stock, the right option, and then buy it at the right price.
But knowing when to sell is only have the formula.
There are also important things to avoid in this process.
Today, we're going to talk about the 6 biggest options trading mistakes you could make starting out.
By Money Morning Staff Reports, Money Morning - • Print | Email
Robinhood has been in the news crosshairs over the last few weeks. It's commission free trading and easy access to options trading has made it the go-to home of new traders.
And some pundits are now complaining that these traders are distorting the market.
We believe that's nothing more than sour grapes from Wall Street, who missed the supercharged rally since stocks bottomed in March.
But we also don't want Robinhood traders to miss out on serious gains or take on too much risk, either.
In fact, we're here to help you take your trading to the next level.
By Mike Stenger, Associate Editor, Money Morning - • Print | Email
There's a new options trading platform in town.
It's independent.
It's commission-free.
It's data-rich. And we want you to know how to use it.
Today, we're going to show you how to trade options on WeBull.
WeBull Financial is a trading platform similar to Robinhood.
They're a broker-dealer registered with the SEC.
Their new app is a great way for beginner traders to get their feet wet.
The interface is perfect for beginner options trading as well – it limits the features and risk you can take on if you're less experienced.
By Money Morning Staff Reports, Money Morning - • Print | Email
The COVID-19 health crisis is not over.
But it is calming, and so is the market.
This makes it easier to spot trading opportunities, in some cases.
That's the case with our best options to buy this week, in fact.
By Money Morning Staff Reports, Money Morning - • Print | Email
Maybe you've heard the saying, "The trend is your friend."
This is especially the case with options trading.
In fact, we have an options trading strategy today that's banked more than 1,000% profit for our readers in the past.
And it's all because we stay on top of the trends.
It's simple.
When a company is doing well, its stock price goes up and more investors want a piece of that action.
Unlike the price of apples or televisions, the higher the price, the more attractive it seems to investors.
By Mike Stenger, Associate Editor, Money Morning - • Print | Email
The market is increasingly unpredictable.
We still don't know when the coronavirus crash will end or how bad it will get.
Believe it or not, there's a bullish trade tailor-made for this situation: selling puts.
By Mike Stenger, Associate Editor, Money Morning - • Print | Email
The economic impact of the coronavirus outbreak is more apparent after the Dow Jones Industrial Average posted a more than 500-point loss Wednesday.
But you already knew this was coming.
We've been calling the "dead cat bounce" for weeks.
So now is the time to buckle down and make something of what you know.
We have an options trading strategy that's already earned readers more than 1,000% this year.
And it could work again.
