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Update from Option Millionaires - Stock Options Chatroom $HPQ I entered some PUTs today for a move lower.  On a few time frames I see a stock poised for downside.  Long term a bear flag. $INTC I remain...

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The Brontosaurus Breakout

Update from Option Millionaires - Stock Options Chatroom If the today's stock market was traded on a Football field, the whistle would have been blown less than an hour into the trading session.  It...

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2016 Predictions

Update from Option Millionaires - Stock Options Chatroom What is the point of making predictions? Peter Drucker — 'Trying to predict the future is like trying to drive down a country road at night with...

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$IBB Biotech Discount

Update from Option Millionaires - Stock Options Chatroom I'm all for the free market.  Let supply and demand dictate price, not 7 or 10 Economic book worms.  But when the price of something becomes a...

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Trades For This Week

Update from Option Millionaires - Stock Options Chatroom On Friday the stock market traded nearly its entire August range.  The $SPY moved almost $3 from top to bottom, and recovered much of the...

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Some Wednesday Ideas

Update from Option Millionaires - Stock Options Chatroom Yesterdays early weakness morphed into afternoon strength.  When have we seen this before?  Buy the dip, rope a dope, whatever you want to call...

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A Trade For More Weakness

Update from Option Millionaires - Stock Options Chatroom A Trade For More Weakness $IBB is down over .5% today, and momentum is still negative.  Looking over the chart the downside could continue over...

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