Author: Andy Crowder

Andy CrowderAndy Crowder is a professional options trader, researcher and Chief Analyst of Crowder Options. Formerly with Oppenheimer & Co. in New York, Andy has leveraged his investment experience to develop his statistically based options trading strategy which applies probability theory to option valuations in order to execute risk-controlled trades. This proprietary strategy has been refined through two decades of research and real-world experience and has been featured in the Wall Street Journal, Seeking Alpha, and numerous other financial publications. Andy has helped thousands of option traders learn and implement his meticulous rules-driven options trading strategies through highly attended conferences, one-on-one coaching, webinars, and his work as a financial columnist. He currently resides in Bolton Valley, Vermont and when he's not trading, teaching and writing about options, he enjoys spending time with his wife and two daughters, backcountry skiing, biking, running and enjoying all things outdoors.

How to Use Poor Man’s Covered Calls on Lower-Priced Stocks


Poor Man’s Covered Calls  A few months ago I discussed the benefits of selling covered calls for monthly income. And while I am a huge proponent of using covered calls, my preference, particularly when dealing with higher-priced securities, is to use a strategy known as the poor man’s covered call strategy. A poor man’s covered call… Read more »

Trade Idea: How I’m Approaching Intel Earnings

Short Strangle Earnings Trade As I’ve said numerous times in the past, statistically speaking, when it comes to options strategies it doesn’t get much better than a short strangle. A short strangle is a neutral, range-bound options strategy (short call and short put) that has undefined risk and limited profit potential. Typically, a short strangle… Read more »

Top Earnings Options Plays for the Week (10/18 – 10/22)


Top Earnings Options Plays for the Week (10/18 – 10/22) The Week Ahead Here are 10 companies that I think could offer some interesting opportunities next week. Procter & Gamble (PG) Netflix (NFLX) Verizon (VZ) International Business Machines (IBM) Tesla (TSLA) Las Vegas Sands (LVS) Kinder Morgan (KMI) American Airlines (AAL) Freeport-McMoRan (FCX) Intel (INTC)… Read more »

My Five Step Approach to Trading Options Around Earnings Announcements


Trading Options Around Earnings Announcements For years and years clients of mine asked if I could teach them how to effectively trade around earnings announcements. And for years and years I stated: No! At the time, there were only 12 expiration cycles per year. Each expiration occurred on the third Friday of the month, so… Read more »

Top Earnings Options Plays for the Week (10/11 – 10/15)


The Week Ahead Next week is arguably the beginning of one of the most anticipated earnings seasons in market history. The magic starts in earnest at the opening bell Wednesday when JPMorgan (JPM) and Delta Airlines announce their earnings. And more companies follow suit as the week progresses with Morgan Stanley (MS), Bank of America… Read more »