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Options Symbology Initiative

Options Symbology Initiative: The symbols used to trade options are changing soon. Here is how Fidelity explains the changes: Options Symbology Initiative (OSI) Background Due to the significant growth of the option market, the Options Clearing Corporation (OCC) has enacted an industry-wide initiative known as the Options Symbology Initiative (OSI). Fidelity will be implementing changes…

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…

Beware of Option Trading Advisories

Be a smart options trader. Many of my members belong to other option trading advisories. Some of these are similar to mine. And normally you have to become a member to determine if their claims and trades are reality. So this post is to just say beware of option trading advisories. Even mine. never put…

Options Investing: New Movie About Floor Trading

Options Investing: A fellow trader emailed me about a new movie about floor traders. Options are still traded on the floor but more and more floor traders are leaving because as it says in the trailer, everything is moving to computers. Looks like a good movie. Trailer #2 Online stock options trading Online stock trading…

Options Investment: Everybody Is Trading Options

Trading Options is growing like gangbusters. Good news for us is that the first step for someone new to options will be will learning to buy and sell options, not sell. And so option sellers like us, will have more volume and liquidity to work with. Here is a video of the crazy man Jim Cramer…

When Do I Buy Back A Credit Spread?

Why you should buy back your spreads with a real life example

The Calendar Spread – Option Trading Strategies & Analysis

Basics of the Calendar or Time Spread

How Do You Scan For Option Trades?

Hello OptionGenius. I have been trading credit spreads for about 3 months now with some success. I read the nine part course and realize that my past training didn’t discuss much about selection of trades and adjustment of trades. When I was looking around the website, I saw a brief reference on how you scan…