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 (, 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

Intermediate Trade: Corning Real Money Pro($)

Its chart has formed into my "washout" pattern.

Intermediate Trade: VXX Real Money Pro($)

I prefer a bullishly biased, in-the-money put diagonal spread.
Professional options traders have a "smorgasbord" of ways to take advantage of the dynamics of trading; here is one.

The Risk Reversal Tactic Real Money Pro($)

This is primarily a hedging tactic.
The tactic is the bullishly biased long call shooter expiring in October.

Novice Trade: EWU Real Money Pro($)

Another bearish trade on the UK stock market ETF.
I prefer the bullishly biased long call shooter expiring in December.

Novice Trade: Ultra Gold ETF Real Money Pro($)

This trade is 100% technically based. It is chock full of risk.

Intermediate Trade: QQQ Real Money Pro($)

I prefer the bearishly biased, deep in the money, call calendar diagonal spread.
I prefer a bullishly biased vertical call spread.

Columnist Conversations

As far as TSLA is concerned, I still have a higher target above the market at the 409 area.  I stated in ...
The TLT setup discussed in my last commentary is a bust. Key support was violated and it violated the recent l...
BBY is getting smoked this mornings(weak forecast).  The stock is off 8% after opening the session with a...


News Breaks

Powered by


Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.