MTM Options Trader Newsletter - Unleashing the Power Chords of Option Trading Volatility

[image](=) [image] This Week in the Market The market held its own last week despite inflation numbers coming in a little hotter than expected. Stocks were able to fight the urge to move lower as buyers pushed the S&P 500 into positive territory at week’s end. Stocks maintained their resiliency, which means a neutral to non-bearish bias should be respected until major support levels are broken. Implied volatility levels are back down to where they have been mostly hanging around since late November. In other words, options are pretty cheap. It will be a short week of trading as the market is closed in honor of Martin Luther King Jr. on Monday. The rest of the week will feature an increase in quarterly announcements as we move toward the heart of earnings season. Several economic reports are due out this week as well beginning Wednesday, and at least one Federal Reserve speaker is on the schedule every day except Monday. Have a safe, healthy and prosperous week! Jan 17: Import Price Index Jan 17: Retail Sales Jan 17: Production and Utilization Jan 17: Beige Book Jan 18: Jobless Claims Jan 18: Housing Starts Jan 19: Consumer Sentiment Jan 19: Existing Home Sales [Read Our Blog](=) Unleashing the Power Chords of Option Trading Volatility Hey, fellow rockstar traders. Let’s crank up the volume on option trading volatility, shall we? Picture the market as a rock concert, and options as the power chords that let us jam with the ever-changing rhythms of volatility. Yes? OK. Let’s turn it up to 11! Verse 1: The Market’s Rock Anthem Every trading day is like the market’s rock anthem, where volatility sets the beat. It’s not about fearing the highs and lows; it’s about [Continue Reading …](=) MTM Watchlist Here are a few trade ideas we will most likely look at in group coaching class this week: SPY – Double and single calendars and verticals profited last week, and there is no reason not to hunt for more opportunities. It has become my favorite underlying. META – Two bull call spreads did well last week, and after Friday’s move higher more will be explored. ETSY – The stock has dropped well below its 50-day moving average and has some room to move lower. Bear puts and bearish put butterflies will be given serious consideration. [image]( The strategies in this newsletter are for educational and informative purposes only. All information disclosed in this newsletter should not be considered complete in its entirety. Market Taker Mentoring, Inc. will not be held responsible for changes, oversights, errors or omissions. Dates, prices, news and other information may not be accurate. Please verify all information before trading. You alone are responsible for your own investment decisions. Options involve risk and are not suitable for all investors. Before trading options, please read Characteristics and Risks of Standardized Option (ODD), which can be obtained from your broker; by emailing investorservices@theocc .com; or from The Options Clearing Corp., 125 S. Franklin St., Suite 1200, Chicago, IL 60606. No statement in this newsletter is intended to be a recommendation or solicitation to buy or sell any security or to provide investment or trading advice. Traders and investors considering options should consult a professional tax advisor as to how taxes may affect the outcome of contemplated options transactions. Copyright Market Taker Mentoring, Inc. 2008 - 2024. All rights reserved. Reproducing or redistributing this content is a violation of federal law. [image] If you do not wish to be contacted via email, you can unsubscribe using this link: [Unsubscribe]( Unsubscribing from email notifications DOES NOT cancel your class, subscription or recurring payments. We recommend that current students do not unsubscribe from email notifications. If you unsubscribe from email notifications, you will not be notified on how to access the classes or subscriptions in which you are enrolled. Market Taker Mentoring, Inc. PO Box 117 Frankfort, Illinois 60423 United States