Damocles Weekly Trade Journal
Our lives aren’t just measured in years,they’re measured in the lives of the people we touch around us.”–  Peeta Mellark (Movie: The Hunger Games)  Commentary Stepping into the Options Trading arena requires almost as much preparation as the Tributes from..
The advice I would give to someoneis to not take anyone’s advice.- Eddie Murphy  Commentary When I think of "wide-spread," a few images come to mind. But none of those images are Options Spreads. This week is mainly a "Trade..
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 and..
Prologue For the past couple of weeks, I've been looking into using the Put/Call Ratio as another decision point for my entry or exit rules. This ratio seems to be well received as a "predictor" of sentiment rather than a..
Maj. Reisman: So what does that give you?Capt. Stuart Kinder: Doesn’t give me anything. But along with these other results, it gives you just about the most twisted, anti-social bunch of psychopathic deformities I have ever run into! And the worst, the most..
Dream Big!Never let anyone tell you you're not scary!- Mike Wazowski (Movie: Monsters University) Prologue When I first started Options trading last year, I went through a slew of webinars and online courses from Ameritrade. The Options Greeks were a..
I can't afford to die; I'd lose too much money.—George Burns Prologue Every week I learn something new. Whether it's a caveat to an existing rule or a revelation that sets me back on my heels, this week's lesson was..
The most powerful force in the Universe – compound interest- Albert Einstein Prologue In a previous post, I described two strategies for using Cover-Calls; "1-week strategy" and "1-month strategy". The 1-Week strategy is for required portfolio adjustments. The 1-Month strategy..