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..
The purpose of this week's Journal Entry is to expand on how I calculate year-to-date Profit and Loss for my Trading Account (for all my Options' Credit Spreads). "Aah, safety's overrated!"- Gobber The Belch (Movie: How to Train Your Dragon)..
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..
People with ropes around their necks,don't always hang. -Angel Eyes (Movie: The Good, The Bad and The Ugly) The subject for this week's commentary is to examine the Good, the Bad, and the Ugly of Short-Strike assignments for Vertical Bull..
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..
We keep moving forward, opening new doors,and doing new things, because we're curiousand curiosity keeps leading us down new paths.- Walt Disney Commentary Another axiom that I find motivating; "I cannot know where I'm going if I do not know..