Option Strategies

Iron Condor Spread Option Trading Mini Course

Iron Condor Option Trading In this multi-part mini course, I plan on explaining the major facets of the Iron Condor Option Trade. First I will go over the iron condor spread basics of the trade, the philosophy, the risk, putting the trade on, and possible adjustments Part 1: Iron Condor Spread Basics The iron condor…

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How Does Stock Option Assignment Work?

Stock Option Assignment By strict definition, this term basically means the transfer of a person’s rights to another person or business.  In terms of stock options, it refers to a notice given to an option writer that states the option (that was sold to a buyer) has officially been exercised.  Exercised as in executed, not…

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Option Volatility and Iron Condors

Is option volatility not good for trading? Do you need volatility if you do options condor trading? Question: In your lesson you said that volatility is not good for options trading since you trade within  a statistical mean. If you do condor trades don’t you need volatility?  Won’t you make more money or will out…

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Option Trading Books Reading List

Best options trading book What are Some Good Books on Option Selling? What should you do if you are interesting in learning more about option selling? The best way to get started is to read a few good books on the subject. When I first got started I went to an expensive seminar. After two…

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Options Trading: Google (GOOG) Going to $600

A little over a year ago I went to one of those free options trading seminars provided by companies that want you to sign up for their coaching or options training training. The concept they were teaching was day trading and so it did not interest me very much, but a couple things the speaker…

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LEAP Options: How They Work

Leaps Options: LEAPS refers to Long Term Equity Anticipation Security.  These are options that consist of longer terms than average, as in the date of expiration.  LEAPS are not as common as other options but are still available on roughly 2,500 equities and 20 indexes.  However, like short-term options, LEAPS are also available for calls…

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Credit Spread vs Debit Spread—Which is Better?

Credit Spread vs Debit Spread: Are you wondering which is better: option trades that result in a credit or trades that result in a debit?  Simply put, you’re asking whether you should choose a credit spread strategy or debit spread strategy.  Let’s consider both options in more detail.  Explaining Credit Spreads A credit spread (also…

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“The Iron Condor is not boring.”

Here’s an iron condor option trading concern from one of our members: Hi, I just went through the course.  I have a question on the iron condor.  I had subscribed to another site that did those.  They said they picked strike prices far away from the current price so that the odds were better than…

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"The Iron Condor is not boring."

Hi, I just went through the course.  I have a question on the iron condor.  I had subscribed to another site that did those.  They said they picked strike prices far away from the current price so that the odds were better than 90% that they would make money.  Of course the market started to…

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"The Iron Condor is not boring."

Hi, I just went through the course.  I have a question on the iron condor.  I had subscribed to another site that did those.  They said they picked strike prices far away from the current price so that the odds were better than 90% that they would make money.  Of course the market started to…

Read More