Trade of the Week: Home Depot (HD)

Stocks constantly establish support and resistance levels that can give traders a false impression of where price will have the biggest reaction. Our job as options traders is to find the most meaningful levels, or the levels we have the highest probability of getting...

Goldman Sachs (GS) Looks Ready To Give Way To The Downside

In a market that is showing a fair amount of weakness over the past week, we found a stock that also looks week. If you look at the Goldman Sachs (GS) chart, there’s nothing really exciting us about a move to the downside as the stock didn’t even take part in the...

How To Put Yourself Ahead Of 90% Of Traders Out There

That old trading saying of “the trend is your friend” holds a lot of the secrets to successful trading, if not all of them. Our job as traders is to find the trend and trade alongside it, not to step in front of the train and try to go against the grain. For our stock...