Hedging An Inverted Straddle Option Trade

Straddle: In this video update, we’re going to cover all the trades that we made for Thursday, October 22nd. Sorry for the later video, we are just out with family at a local high school volleyball game. It was the championship for the district. My brother-in-law is one of the coaches. They won, which is great.…

Read Full Article

Closing Out MON for Big Loss

Option trading loss: In tonight’s video, we’re going to go over all the trades that we entered on Tuesday, October 6th. I think today was a pretty good day. We had a little bit of everything so a little variety, some closing trades, a couple opening trades and an adjustment. I actually want to start off…

Read Full Article

3 New Earnings Trades CMG, YHOO, CREE

Earnings trades: In tonight’s video update, we’re going to go over all of the trades that we made on Tuesday, October 20th. Real quickly, we went ahead and closed out of just the put side on our IBM’s earning trade for $20 loss. This was a stock that went almost right to the edge when the…

Read Full Article

OAP 081: Why More Fundamental Investors Should Trade Options & The Netflix Effect

Fundamental investors are like the wooly mammoth; big, strong, powerful, yet destined to become extinct in the future. And while there is absolutely nothing wrong with the core beliefs and activities of fundamental investors, I just personally believe that the same passion and hard work could be applied to the options market with much better…

Read Full Article

MU Opening Earnings Option Trade

Earnings options trades: In this video, we’re going to over the earnings trade that we did have for October 1st. This is a trade that we had been eyeing for the last week and this week. We let our members know earlier today that we are going to be doing something in MU today. We ended…

Read Full Article

Quick Profit On WYNN Earnings Trade

Earnings trade: This is the video update to cover the trades that we had on both Thursday and Friday of last week. Which would be the 15th and the 16th of last week. This is actually being recorded on the 18th. Since we only had one trade on Friday I kind of wrapped all these into…

Read Full Article

Quick Lessons On Option Trade Order Spreading

Option trade: In tonight’s video, I want to go over all the trades that we made for October 14th, which is Wednesday. I think tonight’s going to be a really good case study on why you have to just stick with a trade, continue to make adjustments to that position and continue to add premium the…

Read Full Article

Why Patience Is Important When Trading Options

Trading options: In tonight’s video, we’re going to go over all the trades that we made for Wednesday, October 7th. We had just a couple closing trades today and then one adjusting trade. First closing trades, we closed out of our position that we had in US Steel, our straddle. Bought back the $12.50 put and…

Read Full Article

MU Earnings Trade Banks Quick Profit

Earnings trade: We’re gonna do the video update for all the trades that we made on Friday, October 2nd. So this is a weekend update. We had a fairly good week. Honestly, we were pretty much prepared for the market to drop and continued to make money consistently all week which was great. Also closed out…

Read Full Article

Turning Our AMZN Credit Spread into an Iron Condor

Credit spread: In tonight’s video, we’re gonna go over all the trades that we made for Thursday, October 8th. So we only had two new trades today, two adjustments to current positions as we get closer to expiration. The first adjustment that we made was to our Amazon call credit spread. So we added this additional…

Read Full Article