Tom’s Trading Update for September 5, 2014
The EURUSD crashed hard yesterday, down 200 pips. I had to go into defensive mode on the weirdor. Today, EURUSD rallied a little so the price chart is stabilizing for now. SPX continues to go sideways and theta is kicking in. All three of the SPX trades look fine....REPLAY: The Round Table with Michael Benklifa on Thursday Sep 4th
Author Michael Benklifa joined us on Thursday's Round Table to discuss how to “Think Like an Option Trader.” This is the title of Michael's most recent book. Enjoy the replay!Tom’s Trading Update for September 3, 2014
EURUSD rallied a little but volatility came out so the position is nearly breakeven now. SPX is still hovering around 2000 so our SPX flies are all doing well. Nothing to do today. Enjoy the video! Join us in the forums to discuss these trades or your...Tom’s Trading Update for September 2, 2014
EURUSD is fairly flat this week but volatility has risen so we are under water. There is still a lot of time left in this Weirdor trade and our primary put delta is still under -10. My SPX trades are still all doing fine. Nothing to do but wait for all three of them....
Tom’s Trading Update for August 29, 2014
I wrapped up the week net positive profit. The 6E futures options (EURUSD) are down as the EURUSD fell and it is a bullish position. Fortunately it is over 70-days to expiration so it is nice and wide. The EURUSD nearly hit a 1-year low today so We'll see where it...