Skip Raschke has been with Options Profits since its inception 3+ years ago. He is a graduate of Gonzaga University. Prior to his Wall Street career in 1971, he was drafted by the New York Yankees as a pitcher. After a career-ending elbow injury he began his career on Wall Street in 1975 as a registered stock/options broker with Paine Webber. In 1982 he bought a seat on the Philadelphia Stock Exchange where for 10 years he was a registered options trader (a trading pit market maker).Expand

He later served as a registered Commodity Trading Advisor (C.T.A.), brokering a hedge fund. In addition he was a proprietary stock/options trader for Van Der Moolen. He can be found daily on OP, and, he can be reached at his website: The Stock and Options Trader's Daily (SOTDaily.com), an interactive website dedicated to intra-day stock market analysis as well as teaching the skills of trading the markets. His email address is: Skip@SOTDaily.comCollapse

It will help you unearth revealing facts about some companies.
This trade is nicely closed with the spread at a $1.70 credit bid.

Intermediate Trade: UNG Real Money Pro($)

This nat gas ETF's options volatility can be bought on the cheap.
Closing this trade with a 60% gain.

Intermediate Trade: FMC Real Money Pro($)

Try this bullishly biased vertical-call spread strategy to take a bet on the lithium sector.
After 2 recently successful SLV trades, this one has a much longer holding period.

Intermediate Trade: Gold ETF Real Money Pro($)

The balance sheets of the bigger stocks that compose GDX remain inverted.
Wall Street's graveyard is overloaded with those who had open-ended risk.
Consider a JCI synthetic call -- a combination of long stock and long a protective put.

CLOSED: Novice Trade: CORN Real Money Pro($)

The calls on this trade can be sold for a nice gain by reversing the trade.

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