Market Update and Learning About Stock Options

Tuesday we sold off. Yesterday we saw some relief. Today, things were soft.

What gives?

Keep in mind that Tuesday selling was huge. Volume like that is not generated by a few skittish investors. The institutions were the ones hitting the sell button.

Yesterday's relief rally was anemic. Volume was light. It was a good opportunity to close out long positions, though.

With IV now infusing throughout the option chains, it is worth taking a look at potential trades. Don't feel the need to hurry into any positions. Caution should be a controlling influence for you.

If you've been following along with my posts and find yourself intrigued, wanting to learn more about options you have an opportunity of which you may want to take advantage. Today, Options University re-released a limited number of Ron Ianieri's 2007 Options Mastery program.

This course was released in December and sold out after a few days. The limited releases allow Ron and the folks at Options University provide good support to news students without becoming overwhelmed. You can use the link below to check out the course. I highly recommend it and own a copy myself.

It is truly an excellent value when compared with other seminars, which candidly do not cover the material as well as Ron has in his course.

http://www.theoptionclub.com/option_mastery.php

If you do decide to purchase the course through my link, be sure to forward a copy of your receipt to me. I am finishing up my High Probability Trading materials, which will become available in 30 to 45 days.

I'll confirm that your order came through the above link and provide you with my materials at no charge, as a way to thank you for support TheOptionClub.com.

Good trading and mind your risk!

Christopher Smith
TheOptionClub.com