The Boxcar Trade

The Boxcar Trade

Dan Harvey introduced us to his “Boxcar Trade” on March 24, 2020 in Trading Group 1. Two weeks later, he showed us an update and answered more questions about it. The Boxcar Trade is a modified Weirdor (which Dan also created). The Boxcar is a much shorter...
What are Leaps Options?

What are Leaps Options?

Long-term Equity Anticipation Securities options, otherwise known as LEAPS, have the same general characteristics as standard options. LEAPS are commonly known to have an expiration date longer than one year.  Standard options have an expiration date less than...
Four Steps to Adjusting Bull Put Spreads

Four Steps to Adjusting Bull Put Spreads

Put credit spreads, also called bull put spreads, are a very popular strategy used by many traders.  The put credit spread is most often used when a trader expects a rise in the price of the underlying. It is constructed by selling a put option at a specific...