Option Sensei

Decades-high inflation and aggressive interest rate hikes by an equally resolute Federal Reserve hit the thriving technology industry hard last year. With the money which financed its purple patch no longer virtually free, growth at all costs made way for profitability and survival as priorities for the technology sector. However, the falling-out-of-favor technology sector has […]

Our options trading strategy is very simple. It doesn’t involve too many fancy indicators and it’s a method of trading that’s been around for hundreds of years at this point. We simply look at price with the goal being that we are keeping our strategy for trading as simple as possible. Providing a great example […]

It’s been a solid month for the market, with the S&P 500 (SPY) up 6% in January and another 1% to start February. However, the real winners have been growth stocks, with the Russell 1000 Growth Index Fund (IWF) up 10% year-to-date. This broad-based rally has made it more difficult to find names trading at […]

In this issue, we are going to talk about two stocks who have very similar setups. For us, the most important thing to watch is price and finding those price levels that are most significant when it comes to the stock in question. In addition to that indicator, we can look at something like the […]

Our stock today, Seagate (STX), has tested a key resistance level at $70, a level that has proved to be an important level in the past as you can see by the line drawn on the chart below. This implies that a break through that level could lead to a run up to $75, and beyond. […]