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: Eli Lilly Real Money Pro($)

Consider this LLY bullishly biased vertical call spread expiring in June.
An EWJ bearishly biased, out-of-the-money vertical put spread.

Intermediate Trade: Euro ETF Real Money Pro($)

Consider this FXE bearishly biased, near-the-money, vertical put spread expiring in September.

Intermediate Trade: QQQ Real Money Pro($)

A hedge for any 5% or more downside retest by the Nasdaq 100 between now and the latter part of April.
Consider a bullishly biased (for TZA!), long call shooter expiring in April.
I prefer this GT near-the-money, long call shooter expiring in April.
| Feb 14, 2018
| 1:42 PM EST
So the CPI came in a bit warm. Stronger hands than just a few weeks ago now own stocks. Weak-handed new longs ...

Intermediate Trade: Eli Lilly Real Money Pro($)

Consider this LLY out of the money, bullishly biased vertical call spread expiring in April.

Novice Trade: MOS Real Money Pro($)

Agricultural-chemicals giant Mosaic is trading at below book value, so a call looks good here.

Intermediate Trade: IBM Real Money Pro($)

Consider this bullishly biased, out-of-the-money, vertical call spread expiring in April.

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