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..
In this week's entry, I will explain how I developed my "Killer Watchlist" - a custom Excel/ThinkorSwim spreadsheet I use to select and monitor multiple Vertical Options Spreads at a glance. Hold onto your lugnuts!It's tiiiiime for an overhaul!!! -..
Create a custom Options watchlist using ThinkOrSwim in Excel. This week's Journal Entry will be a bit nerdier than usual as I take a close look at my custom Options watchlist - an Excel Spreadsheet that pulls live data from..
When my Vertical Put Credit Option Spread is going bad, these are the Exit Rules I could follow to know when to close. Your mind is a weapon,Keep it loaded.- John Wick (Attributed to) Exit Strategy for Vertical Spreads It..
"The Progressibles" have a plan to get the Green New Deal across the finish line. And it's GENIUS! “People will trade quality for ease.” –Evelyn Deavor (Movie: The Incredibles 2) Commentary I guffawed when I heard President Biden characterized the..
"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. I stand upon my desk to remind myselfthat we must..
You know, trudging?To trudge, the slow, weary,depressing yet determined walkof a man who has nothing left in lifeexcept the impulse to simply... soldier on.Chaucer (Movie: A Knight's Tale) Commentary Whether it be conflicts in schedules, oak allergies, beautiful spring days,..
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. What can I do to prepare? “Oh,..
This week's Journal rant will consider how the US Government wields our Federal Income Tax system - how it is a significant source of market volatility, how it is the biggest contributor to a national political divide, and how it..
"...because he was teaching his disciples. He said to them, 'The Son of Man is going to be betrayed into the hands of men. They will kill him, and after three days he will rise." - Mark 9:31 This short..