Is 2022 Your Option Trading Breakthrough Year?

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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 […]

Lessons Learned for 2023

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 […]

A Call Credit Spread on AMZN

Call credit spread on AMZN

The market has been very volatile over the past several weeks and Amazon Inc. (AMZN) has been no exception. In the first part of December, we looked at a chart of the stock in MTM’s group coaching class and determined it was a good opportunity for a call credit spread (bear call spread). Call credit […]

Option Position Sizing Made Simple

You know what can really kill a trading week? When you win on 8 small trades and lose on 1 big trade. “Why did I trade that one so big? That was STOOPID! Ugh!” That’s what we end up saying in our heads to ourselves. Right? Well, position sizing is one of those things that […]