What is the Best Stock for Credit Spreads?

best-stock-for-credit-spreads

I’m often asked, “What’s the best stock for credit spreads?” Admittedly, as a quant-based options trader, I’m dumbfounded by the question because it would require me to have a crystal ball, and unfortunately, my crystal ball broke decades ago. So, I can’t answer the question with any accuracy. However, I can tell you how to… Read more »

A Risk-Free Iron Condor? Jade Lizard? Tell Me More…

jade-lizard-options-strategy-approach

I’ve been using traditional iron condors for years. And there is no doubt that iron condors are one of my favorite strategies. But, when the opportunity presents itself, I favor a strategy similar to an iron condor, but with a slight twist…the jade lizard options strategy. Weird name, I know, but it seems almost all options… Read more »

Never Buy a Stock the Same Way Again

top-earnings-options-plays-ORCL

I rarely buy a stock or ETF at its current price. Why would I? Selling puts is a much better alternative. If I’m truly interested in buying a security, I typically have a price target below the current price of the stock. Most investors just set a buy limit at their price target and hope… Read more »