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.
September 25, 2018
How to Make Trade Timing Irrelevant? Read the full story here.
September 24, 2018
There is one piece of the puzzle required to go from a “good amateur trader” to a professional one. And that is hedging.
September 20, 2018
Is there anything more satisfying than being wrong, yet still making money? No sir!
September 17, 2018
If you want to win, you have to learn to lose. If you don’t, financial peril awaits. I want to shed light on losses with a focus on how to think about drawdowns in trading systems.
September 13, 2018
Do you want to learn how NOT to Trade the MSCI EAFE and Emerging Markets Indexes? Come with me.
September 10, 2018
All eyes are on Apple this week because the tech juggernaut has a pretty little pullback pattern. Allow me to illustrate one way (of many) that we might trade it. This is NOT A TRADE RECOMMENDATION. I simply want to demonstrate a few things.
September 6, 2018
For today I want to reveal how I played a put calendar on AAPL this week.
August 29, 2018
If you missed last night’s meeting where Coach Tyler Craig talked about Calendar Spreads or would like to watch it again, check it out here.
August 23, 2018
I received an email the other day from a trader that bought a few stocks and has been selling covered calls against them. He had questions. I have answers. Here we go.
