Quick Note: Earlier this week I guest posted on New Trader U, a site run by Steve Burns. Steve does a great job of simplifying concepts and emphasizing principles that matter in trading (like money management). Click here to read the post and check out his site. Big Picture: Move along everyone, there’s nothing to […]
Strategy Overview: In the past few months, I’ve been experimenting with Broken Wing Butterfly trades and this post looks at a couple of closed trades. My interest in the strategy has grown out of what I’ve seen the guys over at Capital Discussions doing with their trades. They have some great traders in their community and […]
Big Picture: For some reason (that I struggle to understand), the options trading universe seems to be fixated on selling naked premium. Even worse is the notion that it’s a “good idea” to sell futures options because it’s a, “better use of margin.” There are some big names promoting the strategies to inexperienced audiences, which […]
This post originally appeared here on SeeItMarket where I’m a contributor. Investors and options traders sell puts and put spreads to generate additional income or acquire stock. In many cases, traders attempt to time their entry by waiting for oversold extremes. Once the market is oversold, they sell out of the money spreads with the […]
Overview: This post tracks the progress of the March 2016 CIB Trade. I’ll be updated the post as the trade progresses with written notes and video. The Greeks in the spreadsheet below will be updated daily. As always, the information is being presented for educational purposes only and this is not a recommendation to take […]
Overview: One of the more common questions I receive is how to display multiple, different positions on the Analyze Tab in ThinkOrSwim. For example, we might have a position in SPX or RUT and want to see what happens if we add a SPY or IWM option. The video below walks through the process of […]