Okay, guys. Here's a perfect opportunity to show you how to adjust a trade. Let me just show you where you are. We have had a tremendous run on the Dow Jones Industrial in the last couple of...
welcome to the art in science of trading as a business the objective of the program is to generate money every month we really want to have in monthly income stream in order to get our eight monthly...
You can see that the graph remains exactly the same, no matter how many contracts that you do. The only difference is exactly what your total profit is going to be, at the expiration. Like I said, I...
Let's see what we can find at the $25 level. At the $25 level, you can sell a put on Bank of America right now, for $1.07. Let's say you were very bullish on the stock, and you wanted...
Welcome to the art and science of trading as a business. First, I want to talk toyou specifically about the program itself, what it hopes to achieve,and what the objective of the program is. The...
Normally, when you see Delta either at extreme levels, like over 100 - 300, and Vega is at 200 or 300, plus or minus - then you're probably going to be in a position where you need to make an...
I don't pay attention to fundamentals, as much as I do the charts. I just want a stock that's going to move. Generally, what they do with the Investors' Business Daily is, they...
There are clues that you can use, to determine whether or not a market has reached its peak, whether or not the market is not going to be trending anymore, the trend has stopped, and there are signs...
Again, we established a position here that looked something like a bottom. There was a support point here, and the market rallied up, and a continuation of prices in which the flag patterns began to...
Now, we are relatively Delta-neutral. What happens if the price should move down? Let's say it drops $1, to $69. Now, we are short 200 Deltas. We know that if we buy stock, it will bring us...