S&P 500 Sector ETF Momentum Rankings

I did some customizing to the MACD, and I think it pretty much takes the debate out of whether to use calls or puts.

 

Another way to decide whether to go calls or puts is to figure what gives the most attractive return on the calculator. And make sure you buy long options DITM so your diagonal isn't suddenly out of business if the stock price makes a major move against you.

 

I think being in calls in positive Awesome Oscillator divergence and being in puts in negative Awesome Oscillator divergence is about as good a strategy as I'll find.

 

I needed a chart a little more long-range for choosing calls and puts.

 

I think my favorite "Awesome Oscillator" setup will always be 5-34-34 and 34-5-34 MACDs.

 

I think it's simpler to use 200 days. It ain't exactly rocket science.

 

Might as well use all four MACDs.

 

I had gotten scared of a big loss coming along and I went to using DITM LEAPS long options and holding onto them waiting for them to finally make a profit and my account didn't grow like it did when I was using tastytrade principles, so I went back to using tastytrade principles.

 

Now I'm using a 3-16-16 MACD setup and I think it's about the best indicator I ever had.

 

%%
Momentum =price speedometer+ tends to get out a trend waaaaaaaaaaaaaaaaaaaaaaaaaaaaaay to early. Thanks,