Option Selling
How Does Time Decay Work?
Time Decay, which is also known as Theta is an option seller’s best friend. It is the amount of money a seller makes per day on an option. Option time decay is denoted by using the Greek word Theta. Theta is one of six indicators in option trading known as the Greeks. Options are a…
Read More4 Simple Steps to Get You Started Selling Options
Are you ready to start making money trading but you don’t know where to start? You want your investment returns to beat the market, but you don’t want to blow all your hard-earned money trying to learn how. I completely understand. When I started, I had the same exact fears. I’ve been in your shoes…
Read MoreOption Strategies to Limit Losses
Every once in a while I get an email from a prospective member who asks me why I lost money in September 2008. I did have a large loss compared to my prior losses and they want an explanation. Just like this email from Mike: First of all, thank you for your free e-mail…
Read More10 Ways To Make More Money With Covered Calls
Just did a training yesterday on covered calls. We did not go into the details of exactly how to do the trade. If you don’t know what a covered call is check this out. But instead we covered things like how to choose the proper stocks, how to choose the best time to expiration, how…
Read MoreGlimpse of Genius Trade for January 2014 – FDX
So far the Glimpse of Genius trades are doing very well. Last month’s trade expired worthless for the full profit. This one is using the same strategy as last month – the credit spread. The trade is on FDX which is Fedex. There are 30 days to expiration. The Trade: Sell Feb 135 Puts Buy…
Read MoreHistory and Use of Weekly Options Trading
Weekly Options Trading, or commonly called “Weeklies”, are options that trade for about one week. New Weeklies are listed each Thursday or Friday and expire the following Thursday or Friday except the third week of the month because that is when the regular monthly options have only one week left to expiration. Except for the…
Read MoreThe Options Whiz? How About Investor Beware
Profile of a new Iron Condor trader that now wants to make a living managing other people’s money.
Read MoreWeekly Options Trade Setup
Awesome Weekly Options Strategies So you want to trade weekly options? Never mind that they are most risky than monthly options. But the quick money and high returns are sometimes too hard to resist. Ok then, here is a trade setup I use. When these conditions are met I trade credit spreads. More details are…
Read MoreMCD and JNJ Butterfly Spread Trade Adjustments
Butterfly Spread Option Trading Update Happy Thanksgiving! Hope you have a wonderful, happy, and well rested holiday! Here is an update of the MCD and JNJ butterfly option trades I showed you in my last video. Had to make an adjustment to each because of the strong down move in the market which also affected…
Read MoreIron Condors Trading Lesson 3: Risk Management
Iron Condor Options This is Lesson 3 in our 5 Part video series on Iron Condor Options Trading Iron condors are highly profitable A few very profitable option traders exclusively use this type of option trading strategy. Although iron condors may take some time to learn, but they are a great way to make consistent…
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