Option Trading Requires Both Experience and Common Sense

experience

One of the first things I tell my one-on-one coaching students is the one thing I cannot teach is experience. That they must achieve on their own. And it goes without saying that common sense is not easy to come by for many individuals. But you need both to give yourself a chance to extract […]

The Burry Trade

burry

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93.33% of Experienced Traders Have A Positive Outlook

outlook

Traders expect AAPL to continue soaring The Q3 2023 Trader Sentiment Survey is complete and there are quite a few interesting pieces of data that we can see from the trader community. Overall, the community has a positive outlook.  For starters, let’s look at some of the community statistics. Within the survey respondents there was […]

Market Taking a Breather

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Bull Calls Are Bull Puts

bull

Here is a brief lesson on why, synthetically, vertical debits are equal to vertical credits. What I mean is that a bull call is the same as a bull put and a bear put is the same as a bear call. This is a lesson I teach all my one-on-one students because it is an […]

We’re Not There Yet

there

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CVNA Is Volatile

volatile

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Why I Never Use Gamma

gamma

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Combating Data Overwhelm

data

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Size Matters

size

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Don’t Let Those Bid/Ask Spreads Fool You

spreads

The market has been on a mission moving higher over the past several months, and implied volatility (IV) levels have continued to drop. That is not a good thing for option traders who love to sell premium. But what is good is that the bid/ask spreads tend to be tighter when options are cheaper. Sounds […]

Best Way to Measure Liquidity

liquidity

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Market Action This Week

market

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Inevitable Profit Taking

profit

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A Look at IV Levels Around Earnings

earnings

If you don’t trade options over earnings announcements, you may have not noticed what happens to implied volatility (IV) levels. Usually an expected volatility event like earnings increases the price of options. In other words, when implied volatility increases, so do option prices. That can give an option trader an edge, but that edge is […]