by Joanna White | Aug 22, 2016 | Options trading, Trading
What is the VIX? "The VIX Index is an up-to-the-minute market estimate of implied (expected) volatility that is calculated by using the midpoint of real-time S&P 500 Index (SPX) option bid/ask quotes. More specifically, the VIX Index is intended to provide an...
by Joanna White | Aug 16, 2016 | Options trading, Trading
As defined in Investopedia.com, the wash sale rule is an Internal Revenue Service (IRS) rule that prohibits a taxpayer from claiming a loss on the sale or trade of a security in a wash sale. The rule defines a wash sale as one that occurs when an individual sells or...
by Joanna White | Aug 7, 2016 | Options trading, Trading
Several years ago I recall a question that someone wrote to the CBOE's “CBOE – Ask the Institute”, asking if there was a scientific way to manage iron condors, or any type of credit spread. They noted that from their observation, some used the Greeks...
by Joanna White | Jul 31, 2016 | Options trading, Trading
Have you ever had the feeling that you're just ready to hang up your trading hat and quit? It's happened to many traders at times, both novice and experienced. You are progressing along nicely with your trading plan, then you enter a time period where several losses...
by Joanna White | Jul 13, 2016 | Options trading, Trading
4 Core Concepts… Call Options, Put Options, Standard Options and Mini-Options As stated in last week's article “How an Option is Similar to an Insurance Policy, ” the definition of an option is: “An option is a financial derivative that...
by Joanna White | Jul 5, 2016 | Options trading, Trading
Think or Swim Internals Chart Market Internals can be used to give you an overall feel of the market direction. The market internals are similar to a compass or the instrument panel on your car. The internals can give you a sense of the speed and direction of the...
