by Dave Lukas | Jan 13, 2020 | blogs, Editorial
It’s been a wild two weeks in the market thus far—dominated by headlines of geopolitical tensions. But despite the whipsaw action the market has experienced—I stay true to the core—and rarely let the news drive my trading decisions. And for some to hear that…...
by Dave Lukas | Jan 11, 2020 | blogs, Editorial
The only thing that’s perfect is God… Do you know that some of the biggest winning trades I have ever seen came from people who bought options? No joke – I’m talking about stocks that rocket after news… causing the options to just explode! Heck, the other day...
by Dave Lukas | Jan 8, 2020 | blogs, Editorial
Last night Dow futures were down by 400 points after it was reported that rockets were fired at an Iraqi air base housing American troops. However, by the time most of us woke up this morning, the futures were nearly flat. I think we can agree that choppy markets are...
by Dave Lukas | Jan 1, 2020 | blogs, Editorial
Did you know that in order for a long options trader to be profitable they need to pick the direction and timing of the move perfectly? Yikes. No wonder premium buyers start every trade at a disadvantage. And what if the stock trends sideways for longer than expected?...
by Dave Lukas | Dec 30, 2019 | blogs, Editorial
Studies show that the average millionaire has seven sources of income. Of course, we can’t be everywhere at the same time, so the real key to building wealth is passive income sources. And while my Options Profit Planner premium service has not seen a losing trade...
