More than $3 trillion in foreign currencies trade back and forth every day in Forex. Forex stands for the FOReign EXchange—the financial exchange on which governments, banks, international corporations, hedge funds and individual investors exchange foreign currencies.
The Forex market is used by smart traders for speculation, hedging and long-term profit taking…. More

As noted, when trading double diagonal spreads, the enemy is a significant market move. When your short options move in the money (ITM), or threaten to move ITM, the position begins to lose money. That gives the trader two main choices:
The first choice is to do nothing and hope the market reverses direction, or that… More

Exxon Mobil Corporation (NYSE: XOM) is the largest company in America by market cap. The company may not be showing its record numbers seen back in the energy bubble, but numbers to the tune of $7.6 billion in earnings and almost $92.5 billion in revenue will make people look twice.
The company reported earnings this morning… More