What chart indicators can I use to look for a trend reversal before it happens?

My current retail put options are expiring worthless because the downtrend in retail suddenly reversed upward ( which makes absolutely no sense to me at the moment given everything that is going on ).  What indicators can I utilize to hopefully see when my options trends are about to reverse?  Id like to get out of them rather than sit on them and getting caught in a reversal.

1 Answer

Relevance
  • 1 month ago

    You can use whatever chart indicator you want. They all work, sometimes. They all fail, sometimes. 

    The future is always unknown. 

    The current prices of securities (stock, options, futures) all are consensus opinions of current investors in the security.  

    Buying unhedged options is always speculative.

    • Commenter avatarLogin to reply the answers
Still have questions? Get your answers by asking now.