Philosophy of Option Selling – OptionGenius.com

Retirement Is Worst Case Scenario Insurance

Options trading for retirement Perhaps the concept of retirement (working hard just to stop and do nothing) is flawed. I am currently rereading the book, The 4 Hour Workweek by Tim Ferris. This book is required reading for anyone wanting to live the Option Seller Lifestyle. There is one section that stood out to me…

F You Money – How much money is enough?

Options Trading: How much is enough? There is this TV show called, Billionaires. It’s a Showtime show but they had the first episode On Demand. The show is about a guy who runs the most powerful hedge fund and his fight with the US District Attorney. In one scene both are face to face and…

The 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.

Trading Options: Do You Break The Same Rule I Do?

The Nemesis of Trading Options Emotions are said to be a trader’s worst enemy. Our Achilles Heel. They take control of us and cloud our judgment. They force us to make mistakes and decisions that end up hurting us in the end. That’s why people introduced trading systems, computer programs, and crazy complicated algorithms. – To take…

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…

Option Investing: How To Invest For Retirement

Option Investing for Retirement Here is a pretty good video of a segment done by Jim Cramer in which he talks about what to invest in inside your retirement accounts. If you are into buying and selling options, now it is possible to sell options inside your IRA and many people do. I do not…

Why Trade a Butterfly Option Over A Calendar Spread Option?

Calendar Spread Option VS Butterfly Spread Option? Many readers liked the MCD butterfly option I posted on Friday. Here’s the link if you missed it: http://optiongenius.com/blog/mcd-butterfly/ Calendar Spread Strategy One reader posted an excellent comment that I decided to create a new post about. Here is what he asked: As of Friday’s close, the 75…

Iron Condor Option Trading Course Part Four

Part Four: Iron Condor Trading Strategy There are as many iron condor trading strategies as there are iron condor traders. Everyone has their own preferences and style. To create your own iron condor strategy you have to first choose the underlying. You don’t really need an iron condor screener or software program to find suitable…

Iron Condor Option Trading Mini Course Part Two

Part Two: Philosophy of the Iron Condor Incase you missed Part One: http://optiongenius.com/blog/iron-condor-option-trading-mini-course/ Stocks move up and they move down. Very rarely do they move in only one direction for an extended period of time. Since most of the time, stocks trade in a range, why don’t we make money from the range, instead of…

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…