Options Trading Archives

Rocky, who couldn't sing or dance and he didn't even win the fight - but he got the girl! Selecting the Short-Strike for a new Vertical Bull Put Credit Spread.

Nov 1, 2020 | Aug 14, 2020 All Posts

Be an Options Trading Champion

Every champion was once a contenderwho refused to give up.-Rocky Balboa (Movie: Rocky) Commentary Every successful Options Trader started as a rookie-newb. If we are smart, we would train hard (study), enter Amateur Play (trade with paper money), then enter..

Nov 1, 2020 | Aug 7, 2020 All Posts

Mr. Trump Goes to Washington

'Now, you're not gonna have a countryif you haven't got men that have learned to tell the difference betweenhuman rights violations, from a punch in the nose.'- Jefferson Smith (Movie: Mr. Smith Goes To Washington) Commentary My brows ache from all..

Nov 1, 2020 | Jul 31, 2020 All Posts

Stepping Up To Be A Winner

If you always put limits on everything you do,physical or anything else,it will spread into your work and into your life.There are no limits.-Bruce Lee Commentary Bruce Lee's life was defined as much by his philosophy as by his brand..

Nov 1, 2020 | Jul 24, 2020 All Posts

Stimulating my Options Spread Strategies

Destiny is not the path given to us, but the path we choose for ourselves.- Megamind (Movie: Megamind) Commentary Back in April, airlines received $25 billion in bailouts from the government to pay their hundreds of thousands of employees. This..

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 Essential Tips for Options Trading

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..

Nov 1, 2020 | Jun 26, 2020 Geopolitics Affecting My Positions

Two Impediments to Options Trading

Toto, I've got a feeling we're not in Kansas anymore.- Dorothy Gale (Movie: Wizard of Oz.) Commentary In this week's very short commentary, I want to review the two most significant impediments to Options Trading; ignorance and greed...

Mar 4, 2021 | Jun 19, 2020 Geopolitics Affecting My Positions

Corporate’s COVID-Coup

There are two wolves who are always fighting.One is darkness and despair, the other is light and hope.The question is: Which wolf wins?Answer: THE ONE YOU FEED!- Casey Newton (Movie: Tomorrowland) Commentary Many geopolitical events have been queued up over..

Nov 1, 2020 | Jun 11, 2020 Geopolitics Affecting My Positions

Woke Options Trading

Give me your tired, your poor, your huddled masses yearning to breathe free. - Statue of Liberty Commentary The figurative term "Woke" is getting a rise in today's slang. According to Dictionary.com, it had its emergence in Black English at..