Tom’s Trading Update for August 7, 2014

The video below reviews my SPX and ES futures options broken wing butterfly trades. The SPX closed down today. I bought a long put at 1915 for the ES futures options trade. I thought I was buying a put debit spread but actually sold it instead. Fortunately the trade...

VIX Trade Idea

Mark Fenton (at Sheridan Mentoring) wrote an article about an “interesting VIX trade.” Mark's trade was based on the assumption that the VIX could go a lot higher and that you wanted to buy calls. Let's look at his idea. Mark started with a put credit...

Tom’s Trading Update for August 6, 2014

The video below reviews my SPX and ES futures options broken wing butterfly trades. The SPX closed flat today. Volatility came out a little so our position P/L improved. The ES position is nearly at a profit! No economic factors today. Tom compared the OptionVue...

Tom’s Trading Update for August 5, 2014

The video below reviews my SPX and ES futures options broken wing butterfly trades. The SPX closed down again today over 18 points. Average True Range continues to rise. No economic factors today. Briefing.com speculated it was profit taking driving the markets lower....

Tom’s Trading Update for August 4, 2014

The video below reviews my SPX and ES futures options broken wing butterfly trades. The SPX closed up over 13 points and had another day with a large intra-day swing of nearly 22 points. Average True Range bumped up to 16. Enjoy the video! Join us in the forums to...