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

Most market dictums have exceptions.

Beware Stock Market 'Facts' Real Money Pro($)

Most market dictums have exceptions.

Advanced Trade: Pfizer Real Money Pro($)

This tactic for PFE is a rare setup for those bullish in any underlying stock.
I prefer an out-of-the-money, bullishly biased vertical call spread.
Typically the price of oil rises as the yearly calendar moves into late spring and early summer.

Novice Trade: Corn ETF Real Money Pro($)

A trade on the possibility that CORN may be nearing a turning point.

Intermediate Trade: AIG Real Money Pro($)

I prefer a bullishly biased vertical call spread.
A SOYB call based on future prospects for soybeans.

Intermediate Trade: Pfizer Real Money Pro($)

The tactic here is a synthetic call expiring in June of next year.

Novice Trade: Intel Real Money Pro($)

A bullishly biased, long call shooter on INTC.

Columnist Conversations

KMX is heading for a nice finish. The stock is up just over 2.7% and is one of the top ten gainers in the SP 5...

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