The Floater Trade

The Floater Trade

Jim Riggio put an SPX trade on about two months ago when the SPX was at 2000. Jim put a 90-day (DEC expiration) 1975/2000/2025 butterfly on. Nothing fancy or unbalanced. I put the same trade on the next day. Jim and I took two different approaches to managing the...
Loving the M3

Loving the M3

This article originally appeared at Locke In Your Success. I remember back in the day when I was learning “income trading”. I used to trade the “not so” mighty iron condor strategies. Yes, the very same strategies that have regained popularity in the low volatility...