Trading Journal Archives

Nov 24, 2021 | Jan 29, 2021 Essential Tips for Options Trading

Trend Trading Using TOS Regression Channel

How to create a Regression Channel in ThinkorSwim and "Trade the Trend." Table of Content Commentary – ThinkorSwim Regression ChannelRegression LineRegression ChannelTOS Regression Channel DeviationThis Week’s Market SentimentTrading Readiness Level (DEFCON)Profit and Loss StatementSchedule for this WeekThis Week’s Trade ActivityVertical..

Jan 23, 2021 | Jan 22, 2021 Trade Trudging

Wishing 46 Success

Here's a toast to the future, A toast to the past, And a toast to our friends, far and near. May the future be pleasant; The past a bright dream; May our friends remain faithful and dear. Commentary This week's..

Jan 17, 2021 | Jan 15, 2021 Trade Trudging

May the Options Be Ever In Your Favor

Our lives aren’t just measured in years,they’re measured in the lives of the people we touch around us.”– Peeta Mellark (Movie: The Hunger Games) Commentary Stepping into the Options Trading arena requires almost as much preparation as the Tributes from..

Jan 8, 2021 | Jan 8, 2021 Trade Trudging

Wide Strike Widths for Options Spreads

The advice I would give to someoneis to not take anyone’s advice.- Eddie Murphy Commentary When I think of "wide-spread," a few images come to mind. But none of those images are Options Spreads. This week is mainly a "Trade..

Jan 4, 2021 | Dec 25, 2020 Business Administration

Tuppence is Tuppence: 2021 Budget for Options Spreads Income

"Mankind was my business. The common welfare was my business; charity, mercy, forbearance, benevolence, were all my business. The dealings of my trade were but a drop of water in the comprehensive ocean of my business!"- Jacob Marley (Movie: Disney..

Dec 3, 2021 | Nov 24, 2019 All Posts

Reviewing Put / Call Ratios

Prologue For the past couple of weeks, I've been looking into using the Put/Call Ratio as another decision point for my entry or exit rules. This ratio seems to be well received as a "predictor" of sentiment rather than a..

Jan 4, 2021 | Oct 25, 2019 All Posts

Meet the Straddles

Maj. Reisman: So what does that give you?Capt. Stuart Kinder: Doesn’t give me anything. But along with these other results, it gives you just about the most twisted, anti-social bunch of psychopathic deformities I have ever run into! And the worst, the most..

Dec 29, 2020 | Sep 13, 2019 Essential Tips for Options Trading

Implications of Implied Volatility

Dream Big!Never let anyone tell you you're not scary!- Mike Wazowski (Movie: Monsters University) Prologue When I first started Options trading last year, I went through a slew of webinars and online courses from Ameritrade. The Options Greeks were a..

Apr 4, 2021 | Aug 2, 2019 Trade Trudging

Manage Rate of Max Loss

I can't afford to die; I'd lose too much money.—George Burns Prologue Every week I learn something new. Whether it's a caveat to an existing rule or a revelation that sets me back on my heels, this week's lesson was..

Jan 4, 2021 | Jul 19, 2019 All Posts

Tale of Two CRMs

The most powerful force in the Universe – compound interest- Albert Einstein Prologue In a previous post, I described two strategies for using Cover-Calls; "1-week strategy" and "1-month strategy". The 1-Week strategy is for required portfolio adjustments. The 1-Month strategy..