by Tom Nunamaker | May 12, 2020 | News, Options trading
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...
by Tom Nunamaker | Mar 16, 2020 | Equities, Options trading
The S&P 500 options settle on Friday morning of the 3rd Friday of each month. The CBOE publishes the official settlement prices. Option Elements used to publish the settlement data but that website is now defunct. (NOTE: The Spanish Option Elements is still active)...
by Joanna White | Nov 4, 2019 | Equities, Forex trading, Futures trading, Options trading
We've all heard the saying: “Two heads are better than one.” This old adage promotes teamwork, but does this apply to traders? When two or more people coordinate in a spirit of HARMONY and work toward a definite objective, they place themselves...
by Joanna White | Sep 27, 2019 | Options trading
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...
by Joanna White | Sep 21, 2019 | Options trading
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...
by Joanna White | Sep 16, 2019 | Options trading
Many traders use straddles and strangles in their options trading plan. Today's article will give a synopsis of the setup of each of these strategies, as well as outline some of the key distinctions between the two. What is a Straddle? A straddle is an options...