Stop looking for stock picks and learn how to read the options chain to predict the movement of stocks. It may seem far fetched, but its all about learning how to interpret what the market is telling you to get a fairly accurate gauge on what wall street and market makers think is going to happen to a stock. If you want to be an effective options trader, understanding this pricing and the breakeven on options will be crucial to be your success. As I explain, during earnings season this can help you a lot when it comes to making trades, and this is one factor I always take a look at. Even though it can be wrong or might not tell you much, it is useful in most circumstances.
As always I hope this helps & hopefully I see you guys in the free chat room!
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