Sheridan Mentoring Waives Annual Fee for Pre-2012 Students

I wrote about Sheridan Mentoring implementing an annual membership fee a few days ago.  The reaction was very intense across the various forums inside of Sheridan Mentoring and outside, including the Aeromir forum. Dan Sheridan must have been paying attention to the...

The Round Table: SPX Broken Wing Butterfly and VXX/UVXY Trades

The Round Table meeting had two parts. Tom showed the SPX Broken Wing Butterfly trade he's been trading. Then Jim showed his VXX and UVXY volatility based trades he's been doing. We recorded this event and it is posted in our free members area. Get your free login...
Is this the Market Top?

Is this the Market Top?

We've had some interesting discussions in our forums about the market topping. Garret is a long time Gann trader and showed us his charts that predicted the SPX topping on June 23 at 1959. The peak yesterday was 1968.17, one day off from Garret's prediction....
Website Update: New Calendars Added

Website Update: New Calendars Added

We added two calendars to help you plan your trading: Earnings Calendar Economic Events Calendar The Economic Events Calendar is for U.S. economic events only. If you trade currencies, you'll want to use an international calendar that includes events in the countries...

Jun 28 SPX Broken Wing Butterfly

I put an SPX Jun 28 Broken Wing Butterfly (BWB) on yesterday. They seem to be what many of my option trading friends are trading these days. With volatility at historic lows, trading Iron Condors, Weirdors and Jeeps is very difficult because the premium is so low. The...

Which is Better: Married Puts or Long Calls?

I read an article about position sizing using married puts with long stock at radioactivetrading.com. Kurt's strategy of married puts is a good idea, but if you remember from my article on option synthetics, that: Long Stock + Long Put = Long Call Kurt could achieve...