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 Chris Ebert Folks who were around in 1973 may remember U.S. school holidays like George Washington’s birthday or Abe Lincoln’s birthday, and Standard Time during the winter months. But due to the Energy Crisis, all those things went away in 1974. Daylight Saving Time became year-round and kids had to go to school […]