GPRO Option Trade Adjustments – From Full Loser to $2 Winner

Option trade adjustments: In tonight’s video, we’re going to go over all the trades that we made on Wednesday, May 13th. It’s a pretty active day, not only just with closing out trades but one just quick earnings trade that we did have in Cisco which hopefully should go well. But we were pretty active…

Continue Reading ➜

$264 Profit w/ FXI Iron Butterfly Option Strategy

Iron butterfly option strategy: In tonight’s video, we’re going to cover all the opening and closing trades that we had on Thursday, June 25th. It’s crazy that we’re already almost towards the end of June. We just finished expiration week. Now, we’re heading into the end of June here and still being pretty active and starting…

Continue Reading ➜

101 Inverse ETFs To Short Any Market – But Do They Really Work?

Inverse ETFs

As the universe of ETFs continues to grow, seemingly daily, it seems that investors and traders are getting more and more interested in these exotic products. Since you can basically create or develop an ETF for practically anything you want, the popularity of inverse ETFs has exploded as an alternative to short any market and…

Continue Reading ➜

The Basics of Fibonacci Retracements, Fans, Arcs, and Time Series


Fibonacci retracements, fans, arcs, and time series are some of the best technical analysis tools for traders. They are not perfect indicators (what is right) but they are incredibly helpful if you understand the basics. Many years ago an Italian gentleman named Leonardo Fibonacci discovered ratios that exist throughout all of nature. These ratios are used…

Continue Reading ➜

The Beginner’s Guide To Trading Using Technical Analysis

trading using technical analysis

Over the past couple of years, I’ve written a lot of really good content and tips for trading using technical analysis, and I figured it was time to put together the best of this info in one place. This way, anyone starting out trading can have a simple beginner’s guide to follow. My goal is…

Continue Reading ➜

The Ultimate Guide To Using The McClellan Oscillator For Market Breadth

mcclellan oscillator

  Want to add another awesome indicator to your arsenal? Do you want to improve your understanding of the stock market? How about checking out the McClellan Oscillator. It’s one of the most popular and widely used market breadth indicators around. Sadly I have not done enough to cover it on the blog in detail.…

Continue Reading ➜

Using Diagonal Spreads For Long Term Investing Plus Monthly Cash Flow

diagonal spreads

Diagonal spreads are an excellent long-term way to both invest with options and produce some monthly cash flow at the same time. Many traders actually don’t know much about how powerful and flexible these spreads can be for successful trading. Diagonal option spreads are established by entering both a long and short position in two options…

Continue Reading ➜

What Everybody Ought to Know About Proper Position Size When Trading

position size

I was coaching a long time student last night and it occurred to me that most traders take a random position size when trading. In fact, most beginning traders have no clue what I’m talking about because they just pile money into each trade, one at a time and wait to see what happens. Really…

Continue Reading ➜

OAP 065: Interview w/ Todd Tresidder From

financial mentor

If you’re even remotely interested in personal finance or wealth building, you’ve likely heard of Todd Tresidder from Financial Mentor. If you haven’t yet, well, then we’ve got a special treat for you today as Todd joins the Option Alpha podcast in this exclusive interview. Naturally, he’s got an incredible resume having spent much of…

Continue Reading ➜

COP Short Put (LIVE Closing Trade)

Short Puts: In this video, I want to go through a closing trade for just a single naked put or a couple of naked puts that we had in COP. This is a COP naked put position that we had put on a little while back. We had put this trade back on 3/4, and it’s…

Continue Reading ➜