November 1, 2018
When markets crash, tactics that used to work don’t and those that used to not work do. But before you go hog wild embracing these once-unfavorable-but-now-favorable techniques, you need to recognize something. Once the world turns right side up again (and it will) these seemingly smart ideas will become stupid once more.
October 31, 2018
Traders, I had an Urkel moment in the market last week on a swing trade that was a big oops and luckily I live to tell it. Yes, EARNNGS!
October 30, 2018
≈ Keep it in your pocket. ≈ Today we have the last Absolute Truth, number 8. Absolute Truth n.8: Option buyers have rights. Option sellers have obligations. Let’s keep it simple: If you sell an option contract (a.k.a. naked position), either a call or a put, you incur in some obligations. If the option getsREAD MORE
October 29, 2018
Once upon a time, I wrote guest articles for an options focused magazine. One of the features I contributed to was titled “Wolf Against the World.” It involved a pro/con discussion on a particular topic such as buying extra insurance for an Iron Condor portfolio or the merits of using one options strategy every month versus multiple strategies.
October 29, 2018
Tackle Trading’s mission is to bring quality financial education to the masses. The Tackle Trading Financial Education OnDemand (Tackle 100) bridges the gap between the cost for quality financial education and the masses’ ability to afford it.
October 29, 2018
≈ Keep it in your pocket. ≈ And we are back with the last two Absolute Truths. This week we will be featuring numbers 7 and 8. Absolute Truth n.7: Time is the option buyers worst enemy and the option sellers best ally. Let’s stage the scene: Think about some of your monthly expenses likeREAD MORE
October 25, 2018
≈ Keep it in your pocket. ≈ Last Tuesday we published the Absolute Truth n.5: The time between now and the expiration date influences the price of the option due to the amount of uncertainty that is built into it (Time = Uncertainty). This train of thoughts leads us to the Absolute Truth n.6. AbsoluteREAD MORE
October 25, 2018
Today the “theory” part of our blog title takes center stage. Increased chatter on the impact of higher interest rates is making the rounds, so I wanted to bring it to your attention if it wasn’t already.
October 24, 2018
Tackle Trading’s mission is to bring quality financial education to the masses. The Tackle Trading Financial Education OnDemand (Tackle 100) bridges the gap between the cost for quality financial education and the masses’ ability to afford it.
October 23, 2018
≈ Keep it in your pocket. ≈ Continuing with our Options Heuristic Series, where we try to bring the most basic options concepts in a way that is both easy to understand and applicable to your trading business. This week we’ll be featuring two more Absolute Truths, numbers 5 and 6. An Absolute Truth isREAD MORE
October 22, 2018
The bears are roaming. And while their sudden emergence likely spelled losses for traders far and wide, the pain doesn’t have to persist. I look at this as a “fool me once, shame on you; fool me twice, shame on me” situation.
October 18, 2018
≈ Keep it in your pocket. ≈ Today, the Absolute Truth n.4 is about option pricing, a key concept in options trading. Absolute Truth n.4: Options are multidimensional beings. Their price is determined by the current price of the underlying asset, strike price, volatility, time until expiration, and risk-free interest rate. What that means isREAD MORE
October 18, 2018
Today we’re tackling a few key questions surrounding portfolio management & beta weighting.
October 17, 2018
≈ Keep it in your pocket. ≈ We’re back with our Options Heuristic Series. This week, we’ll be featuring two additional ones, numbers 3 and 4. Absolute Truth n.3: There are two basic option contracts: Call Options and Put Options. The possible combinations between them are virtually infinite. Although there are *only* two types ofREAD MORE
October 11, 2018
≈ Keep it in your pocket. ≈ Moving on with The Options Heuristics Series. Today, we’ll be presenting the second Absolute Truth. Absolute Truth n.2: If you buy an option contract to open a position, you must sell it back to close it. If you sell an option contract to open a position, you mustREAD MORE
October 10, 2018
≈ Keep it in your pocket. ≈ We will begin The Options Heuristics Series with The Absolute Truths. An Absolute Truth is something that is true at all times no matter the circumstances. Before we jump into the various concepts that make Options trading so amazing, there are a few pre-Trading Concepts (we created thisREAD MORE
October 9, 2018
≈ Keep it in your pocket. ≈ Today is the starting day of a new series here on the Tackle Daily Email: The Options Heuristics Series. By definition—and there are many around— a heuristic is “an approach to problem-solving, learning, or discovery that employs a practical method, not guaranteed to be optimal, perfect, logical, orREAD MORE
October 8, 2018
Long-time readers know I’m an advocate of scaling-in when selling naked options or credit spreads.
October 4, 2018
It’s the weekend. You’ve scoured the Options Report, found your favorite setups to trade for the next week. You’ve set your alerts or entry orders, Monday arrives and BAM! the market gaps higher right out of the gate robbing you of the ideal entry. Like a pirate.
September 29, 2018
I love the options greeks for many reasons. One will be on full display today. Delta is a multi-faceted metric used by traders a variety of ways. Perhaps one of my favorites is to use it as an equalizer.
