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

Thanks for reading my column for the past eight years.
This at-the-money, long put shooter is a high risk trade, so use discretionary capital.

Intermediate Level Trade: LUV Real Money Pro($)

Southwest Airlines has a pristine balance sheet which shows total cash is equal to its total debt.

Intermediate Trade: KB Homes Real Money Pro($)

Try this bullishly biased covered call tactic to scale into KBH.

Novice Trade: Avon Products Real Money Pro($)

Try this at-the-money call tactic in AVP.
| Aug 17, 2018
| 10:08 AM EDT
According to a twitter statement by POTUS Trump (article on Market Watch--7:52am), Trump has asked the SEC to ...
These time-tested rules will help bargain hunters from making trading mistakes.
Try this the out-of-the-money, bullishly biased vertical call spread on volatility in CPB.

Novice Trade: HP Inc Real Money Pro($)

This bullishly biased, at-the-money, long call "shooter" in HPQ is risky, so use discretionary capital.
Try this bullishly biased covered call tactic on MU.

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