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

selling-puts-as-a-way-to-buy-stock

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 »

The Probability of Price Targets—and How They Can Lead to Better Investment Decisions

how-options-trader-uses-probability-of-touch-nflx-calls

As an options trader, I’ve never understood why professional “talking heads” rarely, if ever, mention the topic of probabilities. Wouldn’t you prefer to know the probability of a stock hitting a certain price? It certainly seems logical. Yet, I rarely hear investors, professional or otherwise, talk about statistics of any kind. It’s unfortunate. We always… Read more »

An Essential Tool When Using Options Selling Strategies

Essential-Tool-When-Using-Options-Selling-Strategies

I use a wide variety of tools when trading options, particularly when using options selling strategies. But there are only a few that I use with each and every trade I place. One of those tools is the Expected Move, also known as the Expected Range. As a quantitative trader who uses predominantly options selling… Read more »