After a strong fourth quarter and Santa Claus rally, stocks kicked off 2020 with a bit of whiplash. Bulls were shaken up a bit to start the year, after President Donald Trump ordered the assassination of a top Iranian general. Iran then threatened “harsh revenge.” The news fueled concerns about oil supplies from the Middle … Read more
The only certainties in life are death and taxes… in the markets, there’s something known as the volatility tax. The mathematical finance geniuses came up with this term… and it shows how crashes affect your returns. It’s not like the tax you pay to Uncle Sam, instead, it resembles a tax because when you hold assets in … Read more
Markets got its first taste of volatility yesterday, as geopolitical tensions rise following a U.S. airstrike in Baghdad killed five members of Iran-back militia, including General Soleimani. Putting politics to the side, the spike in volatility was welcomed by most option sellers like myself—which should open a lot of opportunities in the coming weeks. But … Read more
Jason Bond’s Smoke Signals LIVE Event I’ve been there. You buy a stock, the rally seems to be going your way. Then all of a sudden, earnings are missed or negative news is released. The stock begins to spiral. You think to yourself… “It won’t last. It’ll come back”… It doesn’t. You sell the stock … Read more
If you’ve been trading long enough, you’ve probably heard someone throw around some stats… 95% of all traders fail. Traders who take losses just feel like just giving up… they’re exhausted from seeing trades fail repeatedly — fed up with the disappointment… ultimately, they just take themselves out of the game and become a statistic. The … Read more
As we’re closing in towards the end of 2019, I sit back and reflect. Who would have thought a year ago that I would be eating vegan, and using options to help put together my best year ever as a trader? My Weekly Windfalls strategy is completely different than anything you’ll see from a stock trading strategy. … Read more
For years I traded stocks. Options weren’t even on my radar. And whenever I did try to trade them— I would get absolutely hammered. Here I was, a successful and profitable equities trader — unable to translate it to options. Even worse, I had one of the best mentors teaching me the ropes, Jeff Bishop. … Read more
The story everyone in the small-cap world is talking about is IWM (the Russell 2000 ETF) and how its stalled into resistance. Sure, $160 is an all-important level right now… but there are plenty of other trades going on… and I’m still hunting down to find my two bread-and-butter setups — the same ones I’ve used to crush … Read more
Small-cap stocks are running hot… but IWM (the Russell 2000 ETF) looks has hit a brick wall, as it presses up against some key resistance levels. However, it’s likely the $160 level acts as a key support level into the year-end… especially if we get some more positive news regarding the trade deal. Overall, I’m … Read more
If you want to be an effective trader who consistently rakes in profits… the best way to go about that is by keeping your strategy simple. I know, I know… it’s a little backward when you see the so-called quants and algorithms trading hundreds of times a day. The thing is, when we’ve got so … Read more