Damocles Weekly Trade Journal
"...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..
This week's Journal Entry will examine how premiums diminish as I construct wider credit spreads. Using graphs for QQQ, DIA, IWM, and SPY, I can show how the spread's premiums flatten out the deeper down the Put Chain I make..
Minion: Sir, I think this is a bad idea...Megamind: Yes! It's a very wickedly bad idea for the greater good of bad!Minion: Okay, you might think it's good from your bad perception, but from a good perception... it's just plain..
Having an Escape Plan (Exit Rules) for my open Vertical Bull Put Credit Spreads is just as critical as having Entry Rules. Table of Content Commentary - Exit Rules - Vertical Spreads This Week's Market Sentiment Trading Readiness Level (DEFCON)..
The shortest possible measure of time.Standardized on the time between the lights turning greenand the taxi behind you starts beeping his horn.Definition: A New York Second  Commentary Nearly 30% of all the people who live in Texas had to hunker..