Monthly Archives: September 2022

[responsivevoice_button rate=”0.9″ pitch=”0.5″ volume=”0.8″ voice=”US English Female” buttontext=”Play”] The trade, constructed from a put and a call credit spread opened a little before 1:30 this afternoon: Stop losses were set at the short strikes. My technique is to initiate a … Continue reading →

[responsivevoice_button rate=”0.9″ pitch=”0.5″ volume=”0.8″ voice=”US English Female” buttontext=”Play”] Yesterday’s trade turned into a lemon about 30 minutes before expiration. Today, I’ll try to make some lemonade. Although the call side of the iron condor lost money, the over all credit … Continue reading →

[responsivevoice_button rate=”0.9″ pitch=”0.5″ volume=”0.8″ voice=”US English Female” buttontext=”Play”] This week, we will put into action what we’ve discussed so far about vertical spreads. On Monday, September 19, we’ll open two vertical credit spreads, one bearish and one bullish, applying the … Continue reading →

[responsivevoice_button rate=”0.9″ pitch=”0.5″ volume=”0.8″ voice=”US English Female” buttontext=”Play”] Once successful options traders find an underlying and a trade that meets their criteria, they need to decide where they want to exit the trade. How much profit do they expect on … Continue reading →

[responsivevoice_button rate=”0.9″ pitch=”0.5″ volume=”0.8″ voice=”US English Female” buttontext=”Play”] The previous post discussed five dimensions we can use to shape a vertical spread to fit our needs. Today’s post focuses on the features of the underlying issue that will increase the … Continue reading →

[responsivevoice_button rate=”0.9″ pitch=”0.5″ volume=”0.8″ voice=”US English Female” buttontext=”Play”] I’ve written before that successful option trading has a lot of moving parts, but I’ve invested a lot of energy into learning them one at a time. My focus has been on … Continue reading →

[responsivevoice_button rate=”0.9″ pitch=”0.5″ volume=”0.8″ voice=”US English Female” buttontext=”Play”] Yesterday’s strong response to the CPI numbers has caused quite a stir. A headline on MarketWatch read in part, “U.S. inflation roars back.” I was thinking about the inflation numbers last night … Continue reading →

[responsivevoice_button rate=”0.9″ pitch=”0.5″ volume=”0.8″ voice=”US English Female” buttontext=”Play”] I checked the future at 8 this morning. They were up. I found some good bullish trades and wrote orders on them. Thirty minutes later, everything began to change. The CPI numbers … Continue reading →

[responsivevoice_button rate=”0.9″ pitch=”0.5″ volume=”0.8″ voice=”US English Female” buttontext=”Play”] Subtitle: Divert early and avoid the rush. When you fly sometimes you can’t get to where you want to go. When your destination becomes inaccessible, you need an alternate listed on your … Continue reading →