≈ Cheap and versatile. ≈
“Pork is an incredibly versatile meat. They say the only part you can’t eat is the oink.”
Chef Gordon Ramsay —
When you are the single person who can cook in a family of three, you gotta get creative at least twice a day: lunch and dinner. Inescapable fate, I suppose.
Cooking twice a day, 7 days a week, 365 days a year, withers creativity at an alarming pace turning omelets into a lifeline. However, this is Sparta and the ball can’t be dropped.
That is why food channels are so important. I’ve been following Gordon Ramsay’s for quite some time now just to get some ideas. Not that nonsense of him yelling at people’s face in the so-called “reality” shows but his home cooking videos, where you can witness the zen part of the British chef.
I gotta admit that Gordon’s quote about the versatility of pork meat instantly reminded me of the versatility of options.
From a simple call/put | buy/sell combination emerges a plethora of strategies for every trading purpose under the sun. If you follow Tackle Trading you already noticed how much emphasis we put into options trading. From Tyler Craig’s blog posts to the Options Living Encyclopedia himself, Coach Gino “The Talent” Poore.
One of the most important releases last year was the Tackle Trading Playbook: a webpage containing 31 total strategies, 29 of which are dedicated to options trading. All categorized by Options Greeks (Delta, Theta and Vega) with videos and PDFs available to enhance the learning experience.
Options are an incredibly versatile vehicle. They say the only part you can’t trade is the oink.
Chart of the Day
Reasons to sell
“The fact that bad news travels ten times faster than good news is what separates investors from market returns. You would think that keeping up with the market is as simple as buying an index fund and leaving it alone. And it is that simple, but it isn’t that easy, because bad news smashes your face against an amplifier, while good news just plays quietly in the background.”
Michael Batnick, theirrelevantinvestor.com —
Video of the day
Tackle Trading Playbook: 31 Trading Strategies Explained
You now have unfettered access to the Tackle Coaches’ personal playbook containing thirty-one powerful trading strategies categorized according to the Options Greeks.
Traders Lounge 11 PM EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
Cashflow Club 8:30 PM EST
Held every Thursday before Friday’s option contract expirations, this show helps you perfect your favorite cashflow strategies.
Halftime Report 12:30 PM EST
The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.
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