Options Trader Archives

Nov 24, 2023 | Nov 24, 2023 All Posts

How to Connect Excel with Thinkorswim

How do you connect Schwab's Thinkorswim (TOS) desktop trading platform with your Excel spreadsheet? How about how to use the Thinkorswim RTD commands to live stream data into your Excel Watch List? Even better, how about downloading my Excel Options..

Jun 18, 2021 | Jun 18, 2021 All Posts

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. Table of Content Commentary - Market MakerThis Week's Market Sentiment Trading Readiness Level (DEFCON) Profit and Loss Statement Schedule for..

Jun 11, 2021 | Jun 10, 2021 Essential Tips for Options Trading

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. Kindlydo not attempt tocloud the issuewith facts!- Mr...

Jun 4, 2021 | Jun 4, 2021 Geopolitics Affecting My Positions

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..

Nov 20, 2022 | May 28, 2021 All Posts

Custom Options Watchlist using Thinkorswim in Excel – PT 2

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!!! -..

Jul 23, 2021 | May 14, 2021 Trade Trudging

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. Your mind is a weapon,Keep it loaded.- John Wick (Attributed to) Exit Strategy for Vertical Spreads It..

May 8, 2021 | May 6, 2021 All Posts

Incredible Progressives – “The Progressibles”

"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..

May 1, 2021 | Apr 30, 2021 All Posts

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. I stand upon my desk to remind myselfthat we must..

Apr 28, 2021 | Apr 23, 2021 All Posts

Trade Trudging Week

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,..

Apr 28, 2021 | Apr 16, 2021 Geopolitics Affecting My Positions

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. What can I do to prepare? “Oh,..