Damocles Weekly Trade Journal

Is income from Options Trading Vertical Spreads fact or fantasy? My sense and research suggest the answer should be – “Fact.” But there is a LOT OF PAIN one must go through to get there. This blog is my trek to find that answer. And this blog will be my weekly journal in trading Vertical Spreads Options to get beyond the fantasy. I invite you to walk it with me…

Market Makers - Man Behind Curtain

Market Maker – The Man Behind the Curtain

This “Trade Trudging” week, I want to briefly consider the Market Maker’s influence over my Vertical Bull Put Credit Spreads.

Step in Time for Options Execution

Leading the Premium For More Income

Step in time – Step in Time! Exploring the supposition that I can maximize my Vertical Bull Put Credit Spreads’ income by leading the premium’s target price as I open new positions.

Biden's Bargain.

Biden’s Budget Bargain

Is it time to go big? Or is it time to regroup? Or can we even bargain with President Biden’s Fiscal Year 2022 six trillion dollars Federal budget proposal? The enormity of the proposed budget is enough to keep the current Markets at bay – to say the least if it passes unchanged.

Custom Options Watchlist using Thinkorswim in Excel – PT 2

This week’s entry will explain how I constructed the “Active Trades” section of my “Killer” Excel/ThinkorSwim watchlist. I will also point to seven critical ToS data elements that I use to monitor multiple working Vertical Spread positions at a glance.

Options Watchlist by Damocles

Custom Options Watchlist using Thinkorswim in Excel – PT 1

Taking a close look at my custom Options watchlist – an Excel Spreadsheet that pulls live data from my ThinkorSwim trading platform. I will dissect my watchlist spreadsheet and show how I calculated crucial data points.

John Wick

Exit Rules: Vertical Credit Spreads – PT 2

When my Vertical Put Credit Option Spread is going bad, these are the Exit Rules I could follow to know when to close.

The Incredible Democrats

Incredible Progressives – “The Progressibles”

“The Progressibles” have a plan to get the Green New Deal across the finish line. And it’s GENIUS!

Dead Poet Society

Picking the Right Stock for My Option Spreads – PT 1

“Dead Options-Trader Society?” Taking an introspective look at the requirements for selecting good underlying assets for my Vertical Bull Put Credit Option Spreads and how to go about finding them.

Trade Trudging Week

Trade Trudging Week

Whether it be conflicts in schedules, oak allergies, beautiful spring days, lack of motivation, or just playing in the mud – this week has been spent in other grand pursuits and not Options awareness.

Willy Wonka's Chocolate Factory

Joey Biden & the Candy Congress

The enormous amount of stimuli the Federal Government pumped into the US economy is creating a Sugar-High for the Markets. The enviable Sugar Crash that will follow could blow up my trading account.


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One THOUGHTS ON “Trading Options Vertical Spreads

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