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

A bullishly biased, in the money, calendar diagonal put spread.

6 Tips for Timing Trades Real Money Pro($)

These tools can help your trading executions and help you avoid big losses.

Intermediate Trade: IYT Real Money Pro($)

The iShares Transportation Average ETF's one-year stochastic pattern and RSI pattern are bullish.
The vast majority of those who invest in stocks never hedge their portfolios.
The vast majority of those who invest in stocks never hedge their portfolios.
This long side trade has been closed -- and nicely.
The upside potential for NSC is worth a look.
Lombardi knew what was required to win. The same principle applies to the market.
The trade tactic I prefer now is the synthetic call.

Intermediate Trade: Medtronic Real Money Pro($)

This vertical put spread is speculation and nothing else.

Columnist Conversations

Reasons to trail down stops on shorts in the indices and also to consider longs if the buy signals fire off......
JPMorgan Chase's CEO Jamie Dimon buys 500K shares of the company - CNBC, citing DJ
Bunge (BG) reported so-so earnings today while warning the new year is starting off dully. The shares were de...
I mentioned in my earlier comment to Doug Kass that I thought the algos would trigger the 1812 stops before we...

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