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: QQQ Real Money Pro($)

The tactic is the bearishly biased, calendar diagonal call spread, which controls the risk of the trade.

Intermediate Trade: Gold ETF Real Money Pro($)

I prefer a bullishly biased vertical call spread.
The trade is the bullishly biased, long call shooter expiring in July.

Novice Trade: PulteGroup Real Money Pro($)

Consider this bullishly biased, in-the-money, long shooter call expiring in July.

Intermediate Trade: Corning Real Money Pro($)

This stock is less than one point from breaking out.

Intermediate Trade: Copper ETF Real Money Pro($)

A JJC bullishly biased, at-the-money vertical call spread expiring in September.

Novice Trade: DXD Real Money Pro($)

This is a bearish play on the Dow. Use highly discretionary capital.

Intermediate Trade: Grains ETN Real Money Pro($)

A JJG near-the-money vertical call spread expiring in October.
I prefer a bullishly biased long call shooter.
A BK bullishly biased vertical call spread expiring in September.

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...


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.