Tom’s Trading Update for August 20, 2014

SPX closed higher today. My extra long call helped and is looking great if the market keeps going higher. The trade is profitable and looking very good at this point. Enjoy the video! Join us in the forums to discuss these trades or your own!

Tom’s Trading Update for August 18, 2014

I put on a new SPX broken wing butterfly at the end of last week. This is yesterday's update. The trade is profitable and looking very good at this point. Enjoy the video! Join us in the forums to discuss these trades or your own!

Tom’s Trading Update for August 8, 2014

I closed my trades so I'm flat at the moment. The three primary reasons were: The trades were bearish butterflies and the market had moved to the large “tent” area, which meant Gamma was increasing and the T+0 line was bending down. The farther down the...

Tom’s Trading Update for August 7, 2014

The video below reviews my SPX and ES futures options broken wing butterfly trades. The SPX closed down today. I bought a long put at 1915 for the ES futures options trade. I thought I was buying a put debit spread but actually sold it instead. Fortunately the trade...

VIX Trade Idea

Mark Fenton (at Sheridan Mentoring) wrote an article about an “interesting VIX trade.” Mark's trade was based on the assumption that the VIX could go a lot higher and that you wanted to buy calls. Let's look at his idea. Mark started with a put credit...