Options Trading Webinar: Ryan Detrick Shares His Technical Trading Strategies
Following on our discussion of sentiment indicators lately, Ryan Detrick shared his go-to technical strategies during another great, education-packed webinar. If you’ve missed Ryan’s last couple of appearances, he is the Head of Statistical Strategies at Kimble Charting Solutions, though you may have seen him on CNBC, Fox Business, and Bloomberg Television. His areas of expertise include short-term trading with an eye toward timely technical- and sentiment-based trading opportunities, advanced option trading strategies, and quantitative analysis.
During this webinar, Ryan shared his top technical strategies and talked about sentiment and the current market structure. He brought out his charts and showed off his great statistical skills; specifically which stats about the past can help predict the future. Ryan made a great case that, after some seasonal weakness, the bulls should get their game back on and the markets will move higher.
This Week’s Market Action
After a very strong month of trading in October, it was only expected that we could see some giveback in November. Though it is happening, pullbacks have been rather shallow. Given the market action, it’s no surprise that the VIX was on the rise, though it fell sharply on Tuesday as breadth improved and puts/calls went lower. Equities have dropped on a strong dollar and higher bond prices, giving the”buy the dip” crowd a great reason to engage; their activity gave the markets a boost.
Watch Bob Lang’s Options Trading Webinar with Ryan Detrick
Watch the webinar to hear Ryan Detrick’s technical trading tips and get an update on this week’s market activity.
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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