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.

Trade Idea: Selling Inflated Premium in Oil and Gas ETF

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Black Friday marked one of the steepest one-day declines in crude oil history. Global oil prices plunged 10.7% before recovering a bit Monday. Yes, some of the move lower was exacerbated by the thin trading volume that typically occurs on holiday-shortened sessions, but it doesn’t hide the fact that oil prices have come a long… Read more »

Top Earnings Options Plays for the Week (11/29– 12/3)

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Top Earnings Options Plays for the Week (11/29– 12/3) It was another good week for earnings trades. I just keep chugging along, maintaining my mechanics, trade after trade, allowing the law of large numbers to lead the way. While earnings season has passed, there are always a few companies that report outside the normal window.… Read more »

Another Opportunity for Selling Premium in the S&P 500 (SPY)

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Selling Premium in SPY The CBOE Volatility Index (VIX), otherwise known as the investor’s fear gauge, is once again hovering around 20, a number that typically bodes well for those who predominantly sell options for a living. Credit spreads are great strategies for this market environment, particularly for those who prefer risk-defined options strategies. I’m… Read more »

Trade Idea: Potential 10.7% in HPQ Over 4 Days

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For months I’ve been writing about short strangles and how they offer investors one of the highest-probability strategies on the market. If managed correctly, short strangles are an incredible strategy. But the capital required can be steep, so most investors shy away. Plus, the thought of being naked on both sides of a trade (call and put)… Read more »

Top Earnings Options Plays for the Week (11/22 – 11/26)

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As I said last week, earnings season is winding down, but there are still a few major names due to announce this week including Zoom Video (ZM), Best Buy (BBY), Dollar Tree (DT), Medtronic (MDT), HP inc. (HP)and a few others. The Week Ahead Zoom Video (ZM) Best Buy (BBY) Dick’s Sporting Goods (DKS) Dollar… Read more »

Which Strike to Choose? A Deep-Dive into Poor Man’s Covered Calls

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One of my favorite strategies is the long call diagonal debit spread, otherwise known as a poor man’s covered call. The strategy’s name comes from the reduced risk and, in most cases, significant lower capital requirement when compared to that of a classic covered call. Essentially you can create the same equity position as a… Read more »

How to Approach the Recent Rise in Gold Prices Using Options

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Transitory or not, inflation is on the rise. And the safe havens are benefitting greatly. Just look at the recent rise in gold prices The question is, how can we, as investors, take advantage of the continued rise in inflation and subsequent safe havens like gold? Covered calls? Now, while I am a huge proponent… Read more »