Dan Passarelli, CEO - Market Taker Mentoring 

Traders who trade options on the S&P500 have several choices in how to do it. SPX options are actively traded. But they have a lot of meat on their bones. buying just one call can cost thousands of dollars.

Even the smaller sized SPY or XSP can be a lot for traders with small accounts just starting out.

Recently, CBOE Global Markets announced they will be listing "CBOE Nanos." These are options 100x smaller than XSP. Basically about the size of 1 share of SPY. This is big news because it opens up trading to a new class of traders that otherwise were never able to access the market. 

Dan Passarelli, CEO - Market Taker Mentoring 

In this video, Dan Passarelli shares how to find earnings trading candidates for Total Earnings Domination. These trades are put on the session before the corporate earnings announcement; and taken off after earnings are announced, the following day.

Dan says about this system, "If I could only trade one option trading system the rest of my life, it would be this one."

Like most of his strategies, this trading methodology uses options in order to take advantage of the volatility nuances surrounding earnings.

 

Dan Passarelli, CEO - Market Taker Mentoring

⇐click the image to view the video and then watch fullscreen to see the charts 

 

 

 

 

Any experienced trader will tell you, tracking your trades is the key to success. As my own trading has evolved, I've created spreadsheets to help record and monitor my trades. That enables me to go back and look to see what trades made money and what trades lost money.

This is essential for traders to grow. This video from Dan Passarelli of Market Taker Mentoring explores how he tracks his trades and what he learns from them.

 

 

 

 

 

 

 

 

 

Join Market Taker Mentoring's 'Top 10 Checklist To Maximize Your Trading' complimentary training:

 

Dan Passarelli, CEO - Market Taker Mentoring

Earnings season is officially here! You know what that means? Trading opportunities. Lots of ’em. One of the things Dan Passarelli of Market Taker Mentoring is most known for is trading earnings. In this video Dan shares BLK and JPM earnings forecasts as earnings season kicks off. 

 Dan talks about using option implied volatility to forecast the volatility and about the challenges of accurately predicting stock direction on earnings announcements. 

Dan Passarelli, CEO - Market Taker Mentoring 

In this video, Dan Passarelli of Market Taker Mentoring reveals how much more will this market fall. Dan looks at support and resistance chart levels to see price targets for how much room there is to the downside in the stock market.

When stocks or ETFs fall through support, they can experience follow through and momentum lower. Then the support level becomes a resistance level. We've seen that recently with the 20-day moving average and the 50-day moving average too.

Right now the 200-day MA is the strongest support level on the chart from a technical analysis standpoint.

Dan Passarelli, CEO - Market Taker Mentoring 

AMC, the reigning short squeeze king, had huge call trading volume today Hundreds of thousands of contracts. I went on record saying I didn't think it could have another short squeeze. But it was up big today, had the volume. It begs the question: Is AMC gonna run (again)?

When call buyers open new positions in options with high short interest, it's one indicator we could see the move happen. That's what we track. Watch this video and see what I'm talking about.