141 W. Jackson Blvd
Suite 2210
Chicago, IL 60604
(877) 493-6877
 
"If you want to control your financial destiny, rather than be held hostage to events beyond your control, this course is for you. If you vowed 'never again' when the market crashed, taking this course will enable you to protect yourself from disaster without sacrificing the powerful upside potential of equities. It teaches you how to insure your portfolio against loses and much more. In fact, it gives you a whole new vision of investing, enabling you to profit regardless of the markets' direction. Dan Keegan is a rare combination of professionalism and patience, a valuable mentor to the experienced investor and novice alike."

Terry Nugent, Businessman and Investor
 
"I am a student with the Chicago School of trading and Dan Keegan is my mentor. I must say, Dan has a vast array of knowledge in trading options. Working with Dan has brought more success to my trading, and has brought me new trading ideas within this volatile market. I highly recommend working with Dan to take advantage of his experience!"

Dave Miller, DePaul University student and graduate of CST's option program
 
"I am very thankful that a friend of mine recommended that I take the "Trading
Options" course at The Chicago School of Trading. The value, power, and potential of options are much greater than I could have possibly envisioned. Dan Keegan is exceptionally knowledgeable, has and endless supply of patience and is always willing to provide mentoring sessions that fit the students' schedules. The knowledge that I have gained will be invaluable in managing my personal investment portfolio as well as protecting my 401K from incurring substantial losses."

Terry Clyne, Businessman
 
 
 "The CST approach gives a real feel for the daily ebb and flow of all the markets in real time, without the tedium of classroom education. I knew nothing about options trading and now feel like I've learned on the trading floor. And I learned at home, with my own computer, putting on my own positions in virtual trading. Dan Keegan provides excellent guidance and insights throughout the course."

Alan Mammoser, Urban Planner and author of "Beyond Burnham"
 

"Dan Keegan is an excellent mentor, devoted to teaching a wide variety of trading strategies at The Chicago School of Trading. If you want to learn options inside and out then enroll in this program."

Billy Burke, Junior trader at Nico Trading. Graduate of CST's option program
 
   

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Week of March 8th, 2010

BIDU and MDVN

Last week, our chief options mentor, Dan Keegan talked about straddle opportunities in BIDU, the so-called "Chinese Google". On Tuesday March 9, Dan will explain that strategy further in a free webinar we are hosting, "Trading Straddles in a Volatile Market". Just click HERE to register. This week Dan looks at another stock that has been on the move, but in the other direction. 
On Wednesday, March 3rd some bad news came out for all of those families who have a member suffering from Alzheimer's disease. Medivation's (MDVN-Nasdaq) drug dimebon fared slightly worse than a placebo in testing. This was also terrible news for anybody who was long MDVN. Its price dropped from its closing price of 40.25 on March 2nd to an opening price of 12.88 the next morning. The current at-the-money impled volatility for April calls is 66.3 which is not a big change, while March volatility is trading around 70.00 - less than half its previous level. This anomoly occurs when there is crop report, earnings report, or as in this case, a drug-effectiveness study. These can be a great opportunities to buy time spreads, but in this case the seller of time spreads would be the winner.
    Meanwhile the VIX closed at the bottom feeding region of 17.42. Where will it close this Friday? 
If you sense that there is opportunity in what Dan says, but you don't understand the terminology or the concepts, just take our course and let Dan or one of our other mentors make it all crystal clear.

 

La Salle Street Archive


Futures, options, forex, and securities trading are speculative, involve a substantial risk of loss and are not suitable for everyone.
Past performance is not indicative of future results.