Simple Ways To Trade Options In Your Retirement Account

Synthetic Options

Options trading is super easy in a regular account. But it’s a who different laboratory when you have a retirement account. Getting creative with your positions can help boost your long-term portfolio profits. One way to do that is by trading synthetic options strategies. Today I want to cover 1 way you can develop a…

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3 Option Strategies To Use During Low Volatility Markets

3 Option Strategies

Low volatility trading is tough for option sellers like us. When markets are calm premiums are small and narrow – meaning that we cannot sell options far from the current stock price. So what’s a trader to do!? Staying active, and keeping position size small, is important but you don’t want to force trades into…

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Can Your Kids Teach You How To Be A Great Options Trader?

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This weekend my baby girl will be 2 months old! And yes the time if flying. . . Every day is an adventure full of learning how to raise a child. Just like starting out in the world of investing you can read all about it in books and get advice from those close to…

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How To Make Simulated Option Trades (Even If You Don’t Know How)

Trade Adjustments

If you’ve traded for any amount of time you know that adjusting a current option position is a necessary evil whether you need to save profits or reduce risk. At some point, you’ll have a position that needs adjusting.¬†When it comes to making that adjustment, sometimes I like to use simulated trades to plan my…

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Is There A Better Way To Invest In Low Volatility Markets (3 Suggestions)

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In times like this, where volatility is extremely low, great trades can be far and few between. As option sellers we like to sell premium when volatility is high. When markets are calm it’s hard to sit on your hands and wait for good trades to come around. We start thinking “creatively” about new ways…

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How I Negotiated A 17% Savings In Trading Commissions By Asking This 1 Question

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Each year around the same time I contact my broker to negotiate the commission rate I pay per option contract. I’ve done this consistently for the past 5 years and each time I successfully get reduced option trading commissions. Before I show you how to go about it you have to understand that you probably…

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The 3 Numbers You Must Know Before You Click “Send Order”

Option Trade Order Confirmation

You know the feeling, right? You’ve spend hours analyzing charts, you’ve looked at numerous expiration graphs for your next option trade, and you’re pretty sure that you’ve picked out a great trade with a high probability of success. Let’s suppose you chose a 60 day, 10 Delta Iron Condor and the expiration break evens give…

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Why Risk Management Is An Overused Buzzword In The Investing World

Managing Risk

We all know that classic axiom about investing; manage/control your risk throughout the trade. But did you know that it could possibly hurt you? Yes it’s true that managing risk could help you actually lose money! Taking trades off that are losers before they have the ability to show a profit might be detrimental. In…

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Change This 1 Diversification Mistake Before Your Next Option Trade

Diversification

So many people in the investing world talk about diversification like it’s the end all solution to risk. Spread all your eggs into different little baskets so you don’t get hurt by the big bad market when things go south. Personally, I think this is a bunch of crap! Why would you buy a basket…

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Trading Psychology Is A Bunch Of Crap (Here’s How To Conquer It)

Trading Psychology

If you are prepared to commit to doing a few small rituals everyday, you can see powerful positive changes to your trading results. As emotional investors we can have constant conflict between what we consciously want and what our subconscious mind deems to be what we want or need. Henry Ford said it best. .…

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