Using Options For Swing Trading

Using Options For Swing Trading

Steve Spencer at SMB posted a video of how to use options for swing trading. Steve used a synthetic stock position with a split strike, done for a credit. The video was posted at https://www.youtube.com/watch?v=nMq1TZFBToE Is that the best trade we can put on? Steve's...
Amy’s Alerts Update

Amy’s Alerts Update

Amy Meissner's 14-day, weirdor and nested iron condor trade alert services have been retired while she works on other strategies. Amy wants to focus on the Weekly Playbook
Rolling Thunder

Rolling Thunder

Scott from StratagemTrade.com presented the Rolling Thunder trade which is used during fast markets to hedge a portfolio of long Deltas or to take a directional opinion. Scott reviewed how the trade works and covered an example with a discussion of different ways...
Weekly Options – Be Aware Of The Risks

Weekly Options – Be Aware Of The Risks

Options trading becomes more and more popular every year. The options become more liquid and more traders use them for hedging, speculation, income etc. Weekly options (weeklys), introduced by CBOE in October 2005, are one-week options as opposed to traditional...
Who thinks Covered Writes Should be Illegal?

Who thinks Covered Writes Should be Illegal?

Dan Sheridan posted an article yesterday “Why should Covered Writes be Illegal?” A covered write is more commonly known as a covered call. Dan has an example of XYZ stock (I love XYZ stock…) +100 XYZ stock @ 90.00 -1 Aug 95 Call @ 1.00 Dan made a few...