Webinar Recap: How to Master the Art of Selling
If I had a dollar for every time someone asked me, “Should I sell? When do I know it’s time?” I would be sitting in a hammock with a tropical drink in my hand, relaxing on my private island.
So during this week’s webinar, I decided to revisit one of the most important options income strategies out there – the art of selling, which also happens to be the name of one of my ebooks (download it for free here). Listen in on the webinar to learn what signals to pay attention to, how to take advantage of fear, and more. I really emphasized that it’s okay to hit the sell button – it is the most liberating experience! The audience had some great questions as well.
Of course, we talked about charts and the markets (keep reading for more insights), then went into some plays. I pulled out Chaikin Analytics as well, a great platform that helps us find trading ideas, no matter how scary the market action might be.
Market Action
The markets have been taking a beating for more than a week now, and volatility continues to rise as a result. If there’s ever a time to buy protection, it’s now. Puts and calls raced higher again and breadth continues to be lousy. With so much uncertainty, it’s getting harder to keep your head in the game, but this recent blog post I wrote on investor psychology should help.
No surprise that the charts are not looking good, so instead of adding to our portfolio, we’ve been selling (hence today’s webinar could not have come at a better time – we’ve had plenty of practice lately!). There are some bright spots, though. Our chart of the week is social media favorite LinkedIn, which could be in a new upswing.
Bob Lang discusses the markets, top options trading strategies, charts and technicals, and take questions:
Watch the webinar to learn what you missed!
If you love the insights you gained in this webinar, don’t miss your chance to join us live. Each week I host a FREE options trading webinar during to discuss recent market action, current plays and charts of interest, along with the trends that may affect future action. Join us live and get your chance to ask your own trading questions!
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