The Round Table: SPX Broken Wing Butterfly and VXX/UVXY Trades

The Round Table meeting had two parts. Tom showed the SPX Broken Wing Butterfly trade he's been trading. Then Jim showed his VXX and UVXY volatility based trades he's been doing. We recorded this event and it is posted in our free members area. Get your free login...

Tom’s Trading Update for August 21, 2014

SPX closed higher today. I sold the 2005 call for $2.10 more than I bought the 2000 call today, so I now have a bull call spread put on for a credit! Enjoy the video! Join us in the forums to discuss these trades or your own!

Tom’s Trading Update for August 20, 2014

SPX closed higher today. My extra long call helped and is looking great if the market keeps going higher. The trade is profitable and looking very good at this point. Enjoy the video! Join us in the forums to discuss these trades or your own!

Tom’s Trading Update for August 18, 2014

I put on a new SPX broken wing butterfly at the end of last week. This is yesterday's update. The trade is profitable and looking very good at this point. Enjoy the video! Join us in the forums to discuss these trades or your own!

Tom’s Trading Update for August 8, 2014

I closed my trades so I'm flat at the moment. The three primary reasons were: The trades were bearish butterflies and the market had moved to the large “tent” area, which meant Gamma was increasing and the T+0 line was bending down. The farther down the...