Tweet By Chris Ebert The S&P 500 Temperature can be measured by comparing the actual current level of the S&P index to the level at which certain expiring $SPY options (Covered Calls opened at-the-money 4-months ago) would break even when they expire this week. When the Temperature is high, it signifies that the stock market […]

Tweet By Chris Ebert Stock prices recently had one of the longest rallies in history. But all traders know the rally won’t last forever. At some point folks are either going to get exhausted and sell their stocks to take profits, or else some sort of troubling economic news or perhaps some sort of unforeseen […]

Tweet By Chris Ebert Generally, Covered Call traders can eke out a profit even when stock prices are flat or fall slightly, because they collect a premium on the option upfront when they sell it. So, for example, if a stock is trading at $100 and a trader sells a Covered Call with a $100 […]

Tweet By Ranga Renko charts are part of the time-independent charts such as Point and Figure, Kagi and Three Line Break. These chart types are unique because they only consider price and not time. Time, as you know is plotted on the x-axis of the stock chart and price is plotted on the y-axis. With […]