Since 2018, Sean has served the financial community as Chief Options Strategist for All Star Charts, sharing his unique style of options trading, leveraging the best-in-class technical analysis offered by the All Star Charts research team.
In all endeavors, Sean has been consistent in building a support system around himself and for others that he wishes he had when he started out back in 1998.
Today, we're getting short a stock that has been a complete mess all year.
In recent weeks, the pause has stalled just enough to tamp down the premiums in puts, making now an attractive time to position for a resumption of the downtrend.
This morning, I exited an iron condor trade in $IBIT, the Bitcoin ETF.
For those unfamiliar, an iron condor is a delta-neutral options strategy that profits when the underlying stays within a defined range. It consists of four options: selling...