Picking Up Straddles

Ukraine, Russia and Defense Stocks

Who Are Traders?

I like writing. I like giving options training presentations. I like talking to traders. I think what I like most about it is the connection. This kindred spirit connection we traders all have. And I was thinking about this last night. Well, this morning, I guess. (I was actually thinking about this around 4 am […]
How and Why I Use OCO Orders

Trading More Straddles and Strangles

We Set Two Records This Week

A Vertical Debit Spread on SPY

This past Monday in group coaching class, we looked at the S&P 500 ETF (SPY) for a potential vertical debit spread. At the time, the ETF was attempting to surge over some potential resistance from the 200-day moving average. When it did make the surge over the resistance level, it was a bullish opportunity as […]
After Hours Trading: Does It Really Matter?

How Gamma Squeezes Work (and why they are important)

How and Why to Trade Straddles

As Simple as Possible Is Not Always Simple

If you’ve been part of the Market Taker Family for a while, you’ve heard me say, “Keep your trades as simple as possible.” It’s sound advice. I stand by it. But… The simplest possible trade isn’t always a simple trade. I thought it would be fun to dissect a trade I made recently that was […]
Big Move Today in the Market: What’s Next?

Earnings Trading: Improving Your System [Special Invite]

Earnings Trading: Volatility NOT Direction

Is 2022 Your Option Trading Breakthrough Year?

Just like the beginning of any sports season with teams at 0 wins and 0 losses, there is optimism among option traders right now that this will be “the year.” Of course, if a sports team is not any good, we usually know what will happen. As an option trader who may have been struggling […]
Timing Earnings Trade Entries

Today’s Earnings Trades

The First Week of Earnings Season Is About to Start

Lessons Learned for 2023

Yes. I know. But it’s not a typo. As of this year, I’ve been in options for 29 years. And do you know what my objective is for 2022? It’s to get better at trading. You’d think I’d be over that, seeing as it’s been my objective every year for, well, 29 years. But I’m […]
Preparing for Earnings Season [Tip of the Day]

Volatile Day in the Market – Where Do We Go Next?
