Options Education

MCD 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…

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2 Butterfly Option Trades

Butterfly Option Spread Trading This is a video of myself looking for some option trades using one of my real money accounts. These trades are for example only and I may exit or change them at any time without telling anyone. This is a sample of the types of videos that are produced for Option…

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Iron 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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Covered Calls: How and Where do you Start?

Covered Call Option Strategy Where do you start when you want to start trading stocks and covered calls? That is the topic in this video. In it I go over how to get started, how to calculate how much money you need to get started, what you can make, and some simple guidelines I wish…

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Iron Condor Math and Calculations

Iron Condor Trading Video Interested in learning about the iron condor? When you are just getting started in learning options trading the way the prices and credits are calculated can be a bit confusing. Order entry is another confusing topic that costs a lot of new traders a lot of money. In this video I…

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Option Trading Answers to Basic Questions

Option Trading Questions Option Trading: This week I got an email from a couple of members asking some basic questions on option selling. I was happy that they had the nerve to ask the questions and not just try to figure it out on their own. They had gone through some of the material on…

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No Stress Options Trade

Here is a trade I just put on in my personal account. The stock is NLY. The trade is a simple Put credit spread Sell to Open Oct 16 Puts (.40) Buy To Open Oct 15 Puts (.26) for a credit of .14 cents per spread. Trade has a 74% probability of success. And can…

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Iron Condor Option: Apple (AAPL)

APPL Option Trading Here is a trade I just put on in the personal account. It’s an iron condor on Apple. It has a 77.43% Probability of profit with 22 days left to expiration. Sell to Open June 355 Calls, But to Open June 360 Calls Sell to Open June 310 Puts, Buy to Open…

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Is trading options for a living possible?

Is trading options for a living possible? That’s what everyone wants to know. Seems everyone hates their jobs and wants to sit back and trade options for a few minutes a day and make a very nice income. And why not? Heck, that’s what I want. But it is doable? Is there anyone out there…

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Showing A Loss Before Expiration

Credit Spread is Showing a Loss “The credit spread is showing a loss”. Why is this trade showing a loss? That is the question a member asked me today. His question has to do with why a credit spread is showing a loss when the stock is still above the short strike.  Valid question, and…

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