It’s an Exciting Monday Morning Around Here

I have some exciting news for you…

Power Profit Trades is about to enjoy what the kids call a “glow-up” (a makeover, for all my Boomer friends).

OK, maybe not THAT extreme…

Not only will your emails LOOK different soon, but I’ll be delivering even more VALUE to your inboxes, with hot new watchlists, toolbox tutorials, and all the education you can handle.

After all, my primary goal is to TEACH PEOPLE HOW TO TRADE PROFITABLY…

It’s what I enjoy almost as much as placing a winning trade myself or designing algorithms to capitalize on the cryptocurrency craze.

So keep an eye on your inboxes for Power Profit Trades – Version 2.0, coming soon!

In it, I’m going to show you how I find stocks and options to trade each morning, using my vast set of Tom’s Tools, and I’ll cue you in on which stocks may be on my radar that day…

In fact, let’s get the party started early, shall we?

Continue reading to see how Tesla (TSLA) caught my attention ahead of the bell today.

Hunting Options On Sale

Each day, we’ll show you an interesting situation from one of the Morning Report tools from the TG Suite app.

There may or may not be a trade idea that goes with the education, but we will show you the situation from one of our scans each day that is deemed worthy to talk about, and you can decide from there if you want to act.

We may use the same Morning Report tool for more than one day in a row, if the situation warrants it. We will also try to mix it up regularly, so you get a well-rounded eye on the various scenarios we see.

Today, I am highlighting the Cheap IV List in your Power Profit Trades Watchlist.

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This data is updated after the closing bell each session, pulling stocks with relatively cheap options at the moment.

More specifically, these are situations where Implied Volatility (IV) is running much cooler than usual – at the low end of its historical range.

The High IV and Low IV columns show you the historical range, and the Current IV column shows you where current levels fall within that range.

When IV is running cooler than usual, that means lofty volatility expectations aren’t being priced into the stock at the moment – and oftentimes, that means you can buy short-term options at a relative bargain.

There are many factors that affect IV in an option; supply and demand are major determining factors.

High demand for an option tends to bolster the price of the security, as well as the option. IV goes higher because the option is likely deemed riskier in that situation.

It works the other way, too.

Let’s say there isn’t as much demand on the option – IV goes lower and therefore the option gets cheaper.

I like to buy options in periods of low IV, so when it ramps back up, say, going into an earnings report, I can look to sell that option to close at a higher price for a profit.

So, as you can see on that Money Calendar tool list, TSLA options could be on sale at the moment, as well as those of crypto-related stocks like Riot Blockchain (RIOT) and Marathon Digital (MARA) a sector I’m following especially closely at the moment.

Had those stocks emerged on my Expensive IV list, that would’ve told us option prices are pretty juicy, which could mean big bucks for premium sellers.

I’ll talk to you again very soon!

Tom Gentile
America’s #1 Pattern Trader, Power Profit Trades

5 Responses to “It’s an Exciting Monday Morning Around Here”

  1. Thanks Tom for hanging in with me even if I have not been available for all the new info or attended the classes regularly. I am so excited to become a better Trader with your instructions. You may be able to tell I have been a follower for a lone time but I never been vocal. I am a Senior+ guy and want to trade better and more profitably . Your drive reminds me of me at my young days when I was building my future. 2020 was not a good year heath wise so.. I am back in gear. Thanks for letting me babble on but that’s what happens when you reach 81 yrs. old without retirement and small funds. Don’t stop!!! Thank you Vinnie or Vince Pavia

  2. Awsome, like your mail from Sep. 18. very informative. Thanks!
    I´m waiting for some funds to enter my account, later t.y. then I´ll get involved, in meantime trying to increase my learning curve. Keep up the good work, thnx again!
    P.

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