3 Stocks Making Big Moves This Month
My smallest trade (in a long time)
Trade Management Needs to Be a Priority
Whether you are new to options or have been trading them for several months or decades, you know there is plenty to learn and discover about them. Essentially with stock, there are only two things you need to know: buy and sell. With options there are more moving parts, like implied volatility (IV) and the […]
VIX Alert: What Does VIX Over 30 Mean?
The Rally Continues, What’s Next?
Have You Ever Thought About Modeling?
I was working with one of our student traders recently, and we spent a lot of time talking about modeling… trades, of course. Duh. Modeling option trades is an underused part of any proven trading methodology. I’d go as far as saying that trade modeling should literally be done on every single trade. It’s important […]
Love It or Leave It
A Netflix Calendar Spread That Required Patience
If you know a little about me when it comes to option trading, you know my adoration for time spreads and in particular calendar spreads. I look for them often in MTM’s daily group coaching class and of course for my own personal trading too. What I like about them is that they give an […]
A Green Knock Out in VSTO
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?
