Essential Tips for Options Trading Archives

Nov 19, 2022 | Dec 31, 2020 All Posts

DEFCON: Options Trading Readiness Signal?

Unfortunately, there seems to be far more opportunityout there than ability.... We should remember that good fortune often happenswhen opportunity meets with preparation. ― Thomas A. Edison Commentary Technically, this week should be a "Power-Nap" week, being the week between Christmas..

Dec 12, 2020 | Dec 11, 2020 Business Administration

My 2020’s Options Trading Report Card

Guys, I’m eating junk and watching rubbish! You better come out and stop me! – Kevin (Move: Home Alone) Commentary AAAAAAAAAAAHHHHHHHHH This day starts the dreaded task of reviewing my 2020 Options Trading performance. I am already sorely aware of just how..

Nov 12, 2020 | Oct 23, 2020 Essential Tips for Options Trading

Trend Trading Options – the Samwise Strategy

All that is gold does not glitter,Not all those who wander are lost;The old that is strong does not wither,Deep roots are not reached by the frost.-J.R.R. Tolkien (Book: The Fellowship of the Ring) Commentary Samwise Gamgee was the intrepid..

Dec 9, 2021 | Oct 9, 2020 All Posts

Entry Rules for Vertical Bull Put Credit Spreads

Table of Content Commentary - Entry Rules Options SpreadsThis Week's Market Sentiment Trading Readiness Level (DEFCON) Profit and Loss Statement Schedule for this Week This Week's Trade ActivityVertical Spreads Opened This WeekVertical Spreads Currently CookingVertical Spreads Closed This Week I'm..

Jan 29, 2021 | Sep 18, 2020 Essential Tips for Options Trading

Predator Investors

There's something out there hunting us,and it ain't no man...Billy (Movie: Predator) Commentary Am I being stalked by Predator Investors? We all are! How hard is it to manipulate the stock markets? What would it take for me to significantly..

Dec 3, 2021 | Sep 11, 2020 Essential Tips for Options Trading

Law of Large Numbers

I want to examine how the Law of Large Numbers relates to the Options Chain's Probability of OTM. Table of Content Commentary -CommentaryThis Week's Market Sentiment Trading Readiness Level (DEFCON) Profit and Loss Statement Schedule for this Week This Week's..

Nov 1, 2020 | Aug 21, 2020 All Posts

Strike Widths for Options Spreads

"Fifty years from now, when you're looking back at your life, don't you want to be able to say you had the gutsto get in the car?"- Sam Witwicky: (Movie: Transformers) Commentary Is playing it safe is too risky? You..

Nov 24, 2021 | Jul 17, 2020 All Posts

Trading Spreads with Stop Loss – PT 3

This week I will conclude my review of using ThinkorSwim to set up a Conditional Trailing Stop Limit for my Vertical Spreads. Table of Content Commentary: Conditional Trailing-Stop LimitsThis Week's Market SentimentProfit and Loss StatementSchedule for this WeekThis Week's Trade..

Nov 1, 2020 | Jul 10, 2020 Essential Tips for Options Trading

Trading Spreads with Stop Loss – PT 2

Put a 'stop-loss' order on your worries.Decide just how much anxiety a thing may be worthand refuse to give it any more.- Dale Carnegie Commentary First question: Do Trailing Stop Limits really work? To answer this question, I have to..

Nov 1, 2020 | Jul 4, 2020 All Posts

Trading Spreads with Stop Loss – PT 1

Distracted by pleasure,Directed by pain. Commentary This week's commentary is the start of a multi-part series on learning Stop Losses with Ameritrade's Think or Swim trading platform. Because this is a new topic for me to explore, I figure..