It amazes me how many people, some professional options traders included, run from challenging markets. The beauty of options is that we have the ability to make money in any type of market, bull, bear or sideways. I mean, come on, it’s been an incredible environment for bear call spreads and numerous other options strategies… Read more »
There is no doubt that bear call spreads have been the strategy of choice over the past six months, if not longer. For some, 2022 has been a challenging year, but for those that trade options, particularly with a high-probability approach, 2022 has been an incredible year so far. The beauty of trading options with… Read more »
Bear Call Spread in SPY It’s been an incredible environment for bear call spreads over the past year. While many investors have struggled to make a return, we’ve managed to make outsized gains using bear call spreads and several other credit spread strategies. Today, with volatility spiking again, I want to present another potential opportunity.… Read more »
General Motors Bullish Options Strategy Given the heightened levels of implied volatility across the board, I’ve been receiving a lot of emails about the risk-defined options selling strategies I use, namely bull put spreads, bear call spreads and iron condors. As a result, I’m going to go over several examples this week, starting with a… Read more »
No one truly knows where this market is headed. Some professional analysts tout bullish days ahead and just as many state the opposite. The truth is, no one knows. No one has a crystal ball. This is why I trade options. Because I have no clue where the market is headed. Yes, I have a… Read more »
Two days ago I posted my seventh bear call spread in SPY since late August. This time selling the 478/483 spread for roughly $0.80. Now the spread is trading for roughly $0.20. As a result, we can lock in another 13.6% on our spread. As I stated earlier this week, we’ve had some good fortune… Read more »
Last week I posted another bear call spread in SPY. At the time, SPY was trading for 466.91. Now it is trading for roughly 459.50. As a result, we can lock in approximately $0.60 on the trade for a 13.6% return. We’ve had some good fortune since late August using bear call spreads on the… Read more »
As I’ve stated over and over recently, we’ve had some good fortune since late August using bear call spreads on the major market ETFs. The heightened volatility has allowed us to take on some fairly conservative trades that have thankfully led to some decent profits. And even though I tend to go out 30-60 days… Read more »
Selling Premium in the S&P 500 (SPY) We’ve had some good fortune since late August using bear call spreads on the major market ETFs. The heightened volatility has allowed us to take on some fairly conservative trades that have thankfully led to some decent profits. And even though I tend to go out 30-60 days… Read more »
Selling Premium in SPY The CBOE Volatility Index (VIX), otherwise known as the investors’ fear gauge, is still hovering around 30, a number that offers some intriguing opportunities to sell premium using a variety of different options strategies. Credit spreads are great strategies for this market environment, particularly for those who prefer risk-defined options strategies.… Read more »
You’ll get Andy’s latest trades and takes on the market, along with four free options trading reports, discussing High-Probability Trading, Poor Man’s Covered Calls and more!
