In this week's Journal Entry, I plan to create a consolidated matrix for my Vertical Spread's Entry Rules. I want one easy table for Bull Put Credit Spreads, Bear Call Credit Spreads, and Iron Condors. Then I plan to take..
Hey Boo Boo! It's time to run with the Bears! The bears are stealing my pic-a-nic baskets full of scrumptious Vertical Bull Put Credit Spreads. I think it's time to be smarter than the average Newb Trader. Here are my..
Updating my Entry Rules each week will help my Vertical Put Credit Spreads become more lost resistant. This week's Journal Entry will revisit and reformat the Entry Rules I will use before opening new Options Spreads. Table of Content Commentary..
My 4-month Trend Channels will stay bearish as the tail-end of the channel's data runs through the 65-day market downturn. So, as our agile Spider-Man swings off of the Correction's bottom, I need to be as agile and make temporary..
A WOPR of a game! This week's commentary is to review why I should avoid the WOPR's Stop Loss strategies for my Vertical Bull Put Credit Spreads, and when is the right time to use ThinkorSwim's simple Trade Triggers. -..
This week I examine the effects of rolling 6 Vertical Spreads over the past two months. Asking myself: am I effectively using the practice of 'rolling'? and what are the ramifications of rolling too many Spreads? Am I protecting myself..
With most of my inventory going ITM this week, several Vertical Spreads are down the Rabbit Hole. Is it even possible to think I can save them? Can I slay the Market Jabberwocky? It's time to think of impossible things...
Markets begins 2022 by pushing towards a correction. So, I need to wisely use ThinkorSwim's Regression Line to choose this week's Vertical Credit Spreads' Short-Strike. I need to look for the "cup of a carpenter." Table of Content Commentary -..
Concocting the Short Strike for a Vertical Credit Spread using Implied Volatility (IV) is not so nutty. Table of Content Commentary - Implied VolatilityThis Week's Market Sentiment Trading Readiness Level (DEFCON) Profit and Loss Statement Schedule for this Week This..
This year, I made over 48% profit (income) by selling Vertical Put Credit Spreads as a home business - which is nearly double my buy/hold investment strategy. This week's Journal Entry will list several of my most important posts detailing..