Call Option

The textbook definition of the Call Option:

An agreement that gives an investor the right (but not the obligation) to buy a stock, bond, commodity, or other instrument at a specified price within a specific time period.

Wow... that was a mouthful. The truth is just learning the procedures or the text book definitions of trades doesn't help. There are a number of different strategies you should be using in order to spot when and where to apply the iron condor, things we can help show you.

At Phil's Stock World, we offer a number of great reasons to Join. In addition to learning more about the Call Option:

Why Join? - You Have 10 Great Reasons

What Our Subscribers Have To Say:

This is why I love this site. Blunt truth. While all these financial thieves don their $150 Armani ties and tell you to stay calm, much like the day after 9/11, you tell people to save themselves. Your site is quite possibly one of the best blogs around. Thanks for keeping it "real" and educating many of us lemmings. Keep up the good work.
-Lloyd P.
I have paid many dollars for education, coaching and stupidity! I have also followed dozens of advisories, coaches and newsletters. This is by far the most educational site with the best strategy for this type of whipsaw market! I've already started recommending you to my trading buddies. You better get this site ready for some major traffic as people catch on to what you're doing!
-Mike N.

Profit From Experience

What You Get:

Stock Chart Computer

The Picks: the real reason you're here. For a detailed overview, check out our past performance.

Please note: Performance is calculated as a percentage gain from the basis at the time the position is closed.  In no way should you get the impression that your entire virtual portfolio can get these returns every week.

Not all trades are taken by all people and not all traders choose to (or have the clearance to) sell options against other positions or have the capital available to add money to trades - all this impacts your individual ability to profit under some aspects of our system.  We have long, short and mid-term trading opportunities for all types of traders!

A sample of the trade ideas our members receive:

The best of the worst, to me, is P&G, and not just because they are literally throwing in the towel - selling their European towel unit, which gives me an excuse to put up another picture of Towelie, but because they've done an amazing job integrating Gillette already, growing net income from $1.7Bn a quarter (average) in '05 to $2.7Bn in Q3 and $2.8Bn in Q4 and they already have a 23% market share in developing countries and the management expects to "derive $14Bn to $16B in synergies from this (Gillette) combination over time. While they may dip down and test the 200 dma at $61 (they've come so close, why not at least pay a visit?), we can start accumulating PG for our virtual Long-Term Virtual Portfolio by picking up the Jan '09 $65 calls for $5.70. We will wait to sell calls against it but if this is a real rally, these guys should come out like champs over time. On Feb 20th, these contracts were trading at $7.75!

Trade Alerts: daily and intraday trade alerts appear on our site in real time! Sample intraday alert:

Trade Alerts

Market overviews: A daily outlook before and after the bell with trade ideas, notes on key indicators, and analysis of the day’s action.

Trading community: every trading day, our members swap ideas, advice, and post trades of their own. Phil responds to questions and ideas, often in real time. No other newsletter service gives its members this level of access and interactivity!

Virtual Portfolio tracker: our virtual portfolio tracking system keeps you up to date on the status of past and current picks so you'll never be left wondering what to do.

Virtual Portfolio management tools: because we're all at different stages of the game, we offer trades and strategies for those who want to take a longer or less volatile approach. We specialize in calendar spreads and income-producing strategies.

Forum: our members-only message board has a whole section devoted to analyzing individual stocks and companies, and includes discussion of trading strategies and other tips.

Research: We publish periodic in-depth reports on industry trends, specific companies, and macroeconomic factors that influence our trading.

Education: new to options, or need some advanced strategies to jumpstart your trading? Our education section features one of the best options guides on the market today, Secrets to Explosive Stock Market Profits, as well as weekly educational posts.

You can read Section 1 of our options guide for free: click here to download.

Support: Our staff works hard to keep things running smoothly, and we respond promptly to any questions you have.

Profit From Experience

Before you go, please read this statement of our terms and conditions. It's written in plain English, and by subscribing you consent to its contents. Disclaimer

 

 
 
 

Phil's Favorites

The PhilStockWorld com LIVE Weekly Webinar - 07-17-19

For LIVE access on Wednesday afternoons, join us at Phil's Stock World – click here.

Major Topics:

00:02:11 Indexes Charts
00:02:59 Energy Charts
00:04:28 S&P500
00:18:48 Money Talk Portfolio
00:31:25 7 Steps to Consistently Making 30-40% Annual Returns
00:35:41 Top Trades
00:45:33 Long Term Portfolio
00:49:34 WPM
00:50:34 NFLX
01:06:31 Petroleum Status Report
01:09:16 Money Talk Portfolio Review
01:23:40 AAPL
01:33:06 Natural Gas
01:38:43 Charts and Portfolio Reviewa
01:44:20 Trade Ideas

...



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Zero Hedge

This Is Where The Next Recession Will Start: An Epidemiological Study

By Nicholas Colas of DataTrek

(Published at ZeroHedge)

US recessions are like epidemics: they all begin somewhere, and the “tell” is state-level unemployment data. For example, the end of the 2000 dot com bubble hit Connecticut and Massachusetts first – two hubs for the financials services industry with lots of affluent investors to boot. The end of the 2000s housing boom predictably impacted Florida and Nevada before the rest of the country. This time around, the data shows the manufacturing-heavy states of Michigan, Ohio and Indiana are most at risk. No wonder “Dr. Fed” wants to inoculate the region with lower interest rates.

When medical professionals study epidemics, they look for the source of the ou...



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Digital Currencies

Cryptos Suddenly Panic-Bid, Bitcoin Back Above $10k

Courtesy of ZeroHedge. View original post here.

Following further selling pressure overnight, someone (or more than one) has decided to buy-the-dip in cryptos this morning, sending Bitcoin (and most of the altcoins) soaring...

A sea of green...

Source: Coin360

Bitcoin surged back above $10,000...

Ethereum bounced off suppo...



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Kimble Charting Solutions

Silver ETF (SLV) Testing Dual Breakout Resistance

Courtesy of Chris Kimble.

Silver (NYSEARCA: SLV) has been in a bit of a slumber when compared to the price action for Gold (NYSEARCA: GLD).

Precious metals bulls hope that this about to change, as bullish action from Silver is necessary to confirm any bull market / move in metals.

Today’s chart takes a closer look at the Silver ETF (SLV) on a weekly basis. As you can see, Silver is up 5 percent this week alone.

This is good news for metals bulls. But this rally isn’t confirming a breakout just yet.

As you can see in the chart below, SLV has been trading between support (1) ...



more from Kimble C.S.

Insider Scoop

Analysts Weigh In On Netflix's Rocky Quarter

Courtesy of Benzinga.

Netflix, Inc. (NASDAQ: NFLX) reported second-quarter results highlighted by an uncharacteristic decline in U.S. subscribers while international subscriber adds missed expectations. Here is a summary of how some of the Street's top analysts reacted to the print.

The Analysts

Mor...



http://www.insidercow.com/ more from Insider

Biotech

DNA testing companies offer telomere testing - but what does it tell you about aging and disease risk?

Reminder: We're is available to chat with Members, comments are found below each post.

 

DNA testing companies offer telomere testing – but what does it tell you about aging and disease risk?

A telomere age test kit from Telomere Diagnostics Inc. and saliva. collection kit from 23andMe. Anna Hoychuk/Shutterstock.com

Courtesy of Patricia Opresko, University of Pittsburgh and Elise Fouquerel, ...



more from Biotech

ValueWalk

Professor Shubha Ghosh On The Current State Of Gene Editing

 

Professor Shubha Ghosh On The Current State Of Gene Editing

Courtesy of Jacob Wolinsky, ValueWalk

ValueWalk’s Q&A session with Professor Shubha Ghosh, a professor of law and the director of the Syracuse Intellectual Property Law Institute. In this interview, Professor Ghosh discusses his background, the Human Genome Project, the current state of gene editing, 3D printing for organ operations, and gene editing regulation.

...

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Chart School

Gold Gann Angle Update

Courtesy of Read the Ticker.

Charts show us the golden brick road to high prices.

GLD Gann Angle has been working since 2016. Higher prices are expected. Who would say anything different, and why and how?

Click for popup. Clear your browser cache if image is not showing.



The GLD very wide channel shows us the way.
- Conservative: Tag the 10 year rally starting in 2001 to 2019 and it forecasts $750 GLD (or $7500 USD Gold Futures) in 10 years.
- Aggressive: Tag the 5 year rally starting in 1976 to 2019  and it forecasts $750 GLD (or $7500 USD Gold Futures) in 5 years.

Click for popup. Clear your browser cache if ima...



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Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...



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Mapping The Market

It's Not Capitalism, it's Crony Capitalism

A good start from :

It's Not Capitalism, it's Crony Capitalism

Excerpt:

The threat to America is this: we have abandoned our core philosophy. Our first principle of this nation as a meritocracy, a free-market economy, where competition drives economic decision-making. In its place, we have allowed a malignancy to fester, a virulent pus-filled bastardized form of economics so corrosive in nature, so dangerously pestilent, that it presents an extinction-level threat to America – both the actual nation and the “idea” of America.

This all-encompassing mutant corruption saps men’s souls, crushes opportunities, and destroys economic mobility. Its a Smash & Grab system of ill-gotten re...



more from M.T.M.

OpTrader

Swing trading portfolio - week of September 11th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:

 

·       How 2017 Will Affect Oil, the US Dollar and the European Union

...

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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

Learn more About Phil >>


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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

Market Shadows >>