The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone and welcome back to the daily call. This is Kirk here again from Option Alpha and on today’s daily call, we’re going to talk about candlestick patterns, more specifically, answering the question, “Can options traders use these for better entries and exits?” What are candlestick patterns? Well, look. They’ve been around for generations, decades and it’s basically just a way to visually or graphically represent price movement or price trend in particular markets. Now, these can be done on a daily basis, intraday, weekly, monthly basis. Where you often see them obviously is in a lot of stock charting software and it’s become honestly the standard, not anything else in the investing space. For the last call it two decades or so, you see pretty much every stock chart has candlestick patterns. The reason they call them candlestick pattern is because they look like candles in some cases. They have these wicks and they have these main bodies. The idea is that visually looking at these wicks and main bodi