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

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Phil's Favorites

E-scooters, bikes and urban mobility: lessons from the streets of Paris

 

E-scooters, bikes and urban mobility: lessons from the streets of Paris

Rue des Tournelles, Paris, November 5, 2019. Four Voi scooters wait hopefully for potential clients, with a Lime and Dott sprawling nearby. Behind them, a Velib’ rider has made his choice. Leighton Kille/The Conversation France , CC BY

Courtesy of Tiago Ratinho, IÉSEG School of Management

Mobility is a crucial challenge for global cities in the 21st century. The growing impact and ...



more from Ilene

Zero Hedge

Victoria's Secret Caves To SJW Critics, Cancels Fashion Show

Courtesy of ZeroHedge View original post here.

To all of those pro-inclusivity activists who accused Victoria's Secret of being the paragon of "outdated" sensibilities when it comes to female beauty, congratulations: You won.

The New York Times reports that the lingerie company's annual fashion show has been cancelled as the brand struggles with its longtime CEO's association with Jeffrey Epstein, the convicted pedophile who allegedly killed himself (or was murdered) in his prison cell in ...



more from Tyler

Insider Scoop

4 Energy Stocks Moving In Friday's Pre-Market Session

Courtesy of Benzinga

Gainers
  • Seadrill, Inc. (NYSE: SDRL) shares surged 6.2% to $1.03 during Friday's pre-market session. The market cap stands at $176.0 million.
  • Chesapeake Energy, Inc. (NYSE: CHK) stock moved upwards by 2.3% to $0.59. The market value of their outstanding shares is at $2.6 billion. According to the most recent rating by Morgan Stanley, on November 13, the current rating is at Equal-Weight.
  • Halliburton, Inc. (NYSE: HAL) stock rose 0.7% to $21.25. The market value of their outstand...


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

Digital Currencies

Bitcoin Busts Below $8,000 To One-Month Lows

Courtesy of ZeroHedge View original post here.

Another sea of red across cryptos this morning after tumbling in early European trading (it's been an ugly 7 days as the image below shows)...

Source: Coin360

Bitcoin Cash is leading the decline on the week along with Litecoin...

Source: Bloomberg

But Bictoin's psychological plunge to a $7k handle is most notable...

Source: Bloomberg

...



more from Bitcoin

Kimble Charting Solutions

Junk Bonds About To Send Stocks A Bearish Message?

Courtesy of Chris Kimble

Are junk bonds about to send stocks an important message? It looks like it from this chart!

Junk Bond ETF (JNK) has created a series of lower highs and lower lows over the past couple of years, inside of falling channel (1). When it broke support in early 2018 at (2), stocks struggled to make much upward progress for the next few months.

The rally off support last year saw JNK hit falling resistance a few months ago and some softness has set in. The small decline of late has it testing a series of higher lows at (3).

What JNK does at (3), looks to sen...



more from Kimble C.S.

Lee's Free Thinking

NY Department of Welfare Announces Increased Subsidies for Primary Dealers, Thank God!

 

NY Department of Welfare Announces Increased Subsidies for Primary Dealers, Thank God!

Courtesy of , Wall Street Examiner

Here’s today’s press release (11/14/19) from the NY Fed verbatim. They’ve announced that they will be making special holiday welfare payments to the Primary Dealers this Christmas season. I have highlighted the relevant text.

The Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York has released the schedule of repurchase agreement (repo)...



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The Technical Traders

VIX Warns Of Imminent Market Correction

Courtesy of Technical Traders

The VIX is warning that a market peak may be setting up in the global markets and that investors should be cautious of the extremely low price in the VIX. These extremely low prices in the VIX are typically followed by some type of increased volatility in the markets.

The US Federal Reserve continues to push an easy money policy and has recently begun acquiring more dept allowing a deeper move towards a Quantitative Easing stance. This move, along with investor confidence in the US markets, has prompted early warning signs that the market has reached near extreme levels/peaks. 

Vix Value Drops Before Monthly Expiration

When the VIX falls to levels below 12~13, this typically v...



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Biotech

Why telling people with diabetes to use Walmart insulin can be dangerous advice

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

 

Why telling people with diabetes to use Walmart insulin can be dangerous advice

A vial of insulin. Prices for the drug, crucial for those with diabetes, have soared in recent years. Oleksandr Nagaiets/Shutterstock.com

Courtesy of Jeffrey Bennett, Vanderbilt University

About 7.4 million people ...



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Chart School

Dow Jones cycle update and are we there yet?

Courtesy of Read the Ticker

Today the Dow and the SP500 are making new all time highs. However all long and strong bull markets end on a new all time high. Today no one knows how many new all time highs are to go, maybe 1 or 100+ more to go, who knows! So are we there yet?

readtheticker.com combine market tools from Richard Wyckoff, Jim Hurst and William Gann to understand and forecast price action. In concept terms (in order), demand and supply, market cycles, and time to price analysis. 

Cycle are excellent to understand the wider picture, after all markets do not move in a straight line and bear markets do follow bull markets. 



CHART 1: The Dow Jones Industrial average with the 900 period cycle.

A) Red Cycle:...

more from Chart School

Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

...

more from M.T.M.

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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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...

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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.

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