by Tom Nunamaker | May 4, 2015 | News, Options trading, Trading
I've been following Bill Ghauri's Alpha Alerts's short put and call trades on SPX and doing very well. I really like the simple approach of selling options similar to a directional trader but also getting a trading edge with volatility and time decay. A few years ago,...
by Tom Nunamaker | Mar 23, 2015 | News, Options trading
Amy Meissner launched her Weirdor trade alert service in Feb 2015 with a Weirdor trade using $18,661 of margin. The trade was open for 20 days and made a $701(+3.76%) profit. The would have paid for a six-month subscription with just one trade. This would have...
by Tom Nunamaker | Mar 23, 2015 | News, Options trading
Phoenix Capital Research published a very interesting article relating stock market movement to option expirations from the angle of looking at the Fed balance sheet.Stocks roared higher last week because it was options expiration week (the Fed pumped $6+ billion to...
by Tom Nunamaker | Mar 22, 2015 | News, Trading
Dr. Terry Allen, from Terry's Tips, published a very interesting 100-week back test of the RSI to see if it predicts market direction for the following week.Terry used the following RSI numbers for 2-day, 3-day and 5-day RSI readings:Very overbought – an RSI reading...
by Tom Nunamaker | Feb 3, 2015 | News, Options trading, Trading
Amy Meissner launched her trade alert service for the Weirdor strategy. Amy explained how the Weirdor trade works and gave a walk through of the class page and explained how the alert service works. Get more information about Amy's trade alerts service for her Weirdor...
by Tom Nunamaker | Dec 12, 2014 | News, Options trading, Trading
I stopped using OptionEtics Platinum in 2006 and switched to OptionVue software. It wasn’t cheap. I think I paid over $3000 with the annual maintenance. The BackTrader software was a one-time purchase versus the annual fee it is today. I was happy to only have to pay...