-
Excell with Options: Three-Pronged Approach to Analyzing the Crude Oil Market
When I am trying to get a sense of direction in an individual asset or a market overall, I go to a three-pronged approach to assessment. The three areas I look at are the fundamentals (i.e., what drives that market or security, what is the trend), the behavioral (i.e., how are investors positioned, what is priced into the security, what do the bulls and bears think) and the catalyst (i.e., what will get either bulls or bears to change their minds). I feel that when I have all three of these leaning toward a particular position, it is an opportunity to have a full-sized position. If a couple of them cancel out, and ... (full story)