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There’s a Time for Everything: Thoughts on AAPL Option Strategies

Do you know how many different types of options strategies there are? A lot: That’s how many! But that’s not really the important question. More importantly: Do you know why there are so many different...

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Implied Volatility and Historical Volatility

One of the most important steps in when learning to trade options is to analyze implied volatility and historical volatility. This is the way option traders can gain edge in their trades. But analyzing...

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Learn to Adjust Options Positions

Dan’s online Options Education series this month has all been all about helping traders learn to adjust options positions. Adjusting option positions is an essential skill for options traders....

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Naked Puts on AAPL Stock

The Strategy If you want to learn to trade here’s a really useful option strategy that all traders should know. Let’s take a look at an option strategy that involves the selling of a put, often...

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Delta Explained in Simple Terms

If you have been on an options trading floor, you may have heard comments like these for example. “What’s your delta of of the Cubs winning today?” (not good of course) or “What’s the delta the broker...

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Learning to Adjust Option Positions

Dan’s online Options Education series this month (August series) has all been all about helping traders learn to adjust options positions. Adjusting option positions is an essential skill for options...

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Naked on AAPL

The Strategy If you want to learn to trade here’s a really useful option strategy that all traders should and need to know. Let’s take a look at an option strategy that involves the selling of a put,...

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What Makes a Great Trader Part I

With summer ending and trading volume expected to rise, it might be a good time to give yourself a mental break and reflect on your trading before the fall.  Are you the great options trader you...

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The Olympics of Trading

The Winter Olympics in Sochi are currently in full swing and it can be quite enjoyable and patriotic to watch. But did you ever stop and think for a minute how these fantastic athletes got to be where...

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Naked AAPL Options

With March finally here, traders are still assessing when or if ever this market will have a correction like it had in January. That being the case, there are several option strategies that traders can...

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Delta and Your Overall Position

Delta is probably the first greek an option trader learns and is focused on. In fact it can be a critical starting point when learning to trade options. Simply said, delta measures how much the...

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An Option Strangle with AAPL Options

An option strangle is an option strategy that option traders can use when they think there is an imminent move in the underlying but the direction is uncertain. With an option strangle, the trader is...

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Short-Term Call Options

With the market once again considering a move higher as earnings wind down, it might be a good time to talk about call options. When an option trader buys a call option, he or she has the right to buy...

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Short-Term Put Options

Last week we talked about short-term call options and this week I thought it would be appropriate to discuss short-term put options. The mentality behind short-term put options is probably different...

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Thoughts on Being a Great Trader Part I

With September already here and volatility and volume expected to rise, it might be a good time to give yourself a mental break and reflect on your trading before Fall. You might start by asking...

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Long Calls and Bull Call Spreads

With the Dow and S&P 500 falling just off their all-time highs recently and yet refusing to move much lower at this point, it probably makes sense to keep at least a moderately bullish bias towards...

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The World Series and Exits for an Options Trader

The World Series playoffs are about to begin and it is the most exciting time of the year if you are a fan of baseball. But did you ever stop and think for a minute how these fantastic athletes got to...

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Delta and Another Famous Greek

We all know options are derivatives, and their prices are derived from the underlying stock, index, or ETF. But with other factors at work such as implied volatility, time decay and the constant...

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Thoughts on Being a Great Trader Part I

With August right around the corner and trading volume expected to rise as we move towards the fall, it might be a good time to give yourself a mental break and reflect on your trading. You might start...

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Thoughts on Being a Great Trader Part II

Last week we talked about option traders really being committed to reaching their trading goals. This time we’ll go over why an option trader needs a trading plan and a few general guidelines to...

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