Why I Sold A Narrow Iron Condor In EEM?

Iron condor: In tonight’s video, we’re just going to cover the quick opening trade that we had today in EEM, but before I do that, I just wanted to give you guys a heads up. Some people have been emailing back and forth that, when I send out the alert every single night after the video…

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OAP 075: Portfolio Drawdown Stats From 44,801 Backtested Option Strategies

I’ve been trading publicly on Option Alpha for more than eight years now, and I’m still baffled by the number of investors who get absolutely shocked when option trading portfolio drawdowns occur. I’m talking ALL CAPS emails, mind blown, ripping their hair out shocked that a trading system wasn’t a 100% probability of success. And…

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This Options Trading Hedge Strategy Cut Our Loss By 56%

Hedge strategy: In tonight’s video update, we’re going to be going over all the trades that we made for Wednesday July 8th. It was a pretty active day. We had a couple hedge or adjusting trades and then an opening and closing order so definitely one of our more active days. Yesterday we didn’t do anything.…

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Examples of Opening, Closing & Hedge Option Trades

Option trades: In tonight’s video update, we’re going to be going over the three new trades that we had today. We had one opening, one closing and one hedge trade for July 6th. We’ll start with the adjustment trade that we made to FXI; now this is a trade that we talked about with Elite members…

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Amazing Risk Based Options Pricing Example with SPY Credit Spread

Risk based options: In tonight’s video we’re going to talk about all of the trades that we entered for Tuesday, June 30th. Just as a quick reminder, tonight is the last night, there’s no gimmicks or sales thingies here, it’s just we’re closing down the lifetime membership tonight. If you are interested in getting on, I…

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OAP 074: How To Trade Straddles & Strangles In Small Brokerage Accounts

Most newbie option investors start trading with small brokerage accounts. Whether by choice or necessity, the average investor opens up their account with approx $10,000 according to most brokers. And while this isn’t a small amount of money by any means, it does limit your ability to trade more aggressive options strategies like straddles and…

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No Options Open Interest? Here’s Why It Happens

Options open interest: In tonight’s update, we’re going to be talking about the one trade that we did make today, Monday, June 22nd. As we had talked about with premium members on the strategy call last night, we want to continue to build some positions and stocks and ETF’s that had high implied volatility. FXE was…

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Quick Profit w: ADBE Earnings Strangle

Earnings trade: In tonight’s video update, want to go over all the trades that we made for Wednesday, June 17th. We had two trades today: one quick close of our strangle earnings trade in Adobe and then another adjustment to our FXE position because FXE kind of had a big move towards the end of the…

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VIX Jumps, We Sell Options

Sell options: In tonight’s video we’re going to go through all of the opening trades that we had on Monday, June 29th. And also, covering the trade from Friday last week. So we did have our one closing trade in Nike which we will cover here first on Friday. Since we had one closing order we…

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BBBY Earnings Trade w/ Strangle Strategy

Earnings trade: In tonight’s video we’re going to go over our only opening trade for today, which was our earnings trade in BBBY. We were able to get into this trade a little bit earlier today, and did that on purpose so we could make sure we get some fills and to get the alerts out…

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