Recent content by Pavlik

The Person's Pivots and Person's PPS studies are proprietary studies by John Person. As far as I know, they are available exclusively on Thinkorswim, on the desktop platform, meaning you can't access them on the web based trading platform or on any of the mobile platforms. The PPS uses arrows...

CCs can work very well as a bullish strategy, particularly when the market is bouncing off of a major bottom and is in an uptrend. The goal is to do a buy/write, and have the call exercised and the stock called away from you. You hopefully get some upside gain in the stock, and pocket the...

Weeklies could be very useful as part of a covered call strategy, where you do a buy/write, selling another call every week. Your return depends on how high IV is for the option in question. I just looked up the prices for weeklies on Ford and VXX, for example. On Ford, the 16 calls sell for...

My favorite entry signal is to use Person's Pivots on the TOS platform, combined with a Williams Percent R indicator. When both flash a buy signal, I buy (or sell, when both show a sell signal).

Hi Howard - In his book "Trading Realities", Jeff Augen calls weekly options "an unprecedented opportunity" because it gives you 52 chances per year to sell premium. Yes, the premium isn't that high because there is only a week until expiration, but nevertheless on more expensive stocks the...