As always, if you have any questions, please feel free to email me or post your question in the comments section below. And don’t forget to sign up for my Free Weekly Newsletter for weekly education, research and trade ideas. One of my favorite trading tools as a statistically based trader is the Expected Move, also known as the Expected Range.… Read more »
Before I get started I want to encourage all of you interested in trading options to sign-up for my free weekly newsletter. No, I’m not going to send you more than the one email a week and no, I’m not running a service. I’m a trader. This is completely free from all marketing. You will… Read more »
Volatility continues to remain fairly high across the major indices. And as volatility increases (or at least remains above normal levels), trading opportunities increase, which opens up the options playbook significantly. One security that continues to offer plenty of opportunities to sell premium is the ProShares Bitcoin ETF (BITO). Bitcoin, along with many of its… Read more »
Back on February 16, with implied volatility heightened, I discussed a potential iron condor trade in the S&P 500 (SPY). At the time, as posted, we sold the iron condor for $0.85. Now the spread is worth roughly $0.50, for a 7.5% return. Not bad for a few weeks, especially when you consider our probability… Read more »
SPY Iron Condor Back on January 24 I traded an iron condor in the Dow Jones (DIA). At the time, as posted, we sold the iron condor for $0.80. Now the spread is worth roughly, $0.12, for a 15.7% return. Not bad, especially when you consider our probability of success on the trade was over… Read more »
Back on October 6, 2021 I posted an article titled, Embrace Volatility: Three Inflation-Based Options Strategies that Bet on the Financial Sector. Within the article I discussed three different options strategies on the financial sector, as represented by the SPDR Financial Sector ETF (XLF). The beauty of options is that each approach either was, or… Read more »
DIA Iron Condor The emails have been rolling in as of late. Everyone wants to know some of the best options strategies to use during high implied volatility environments, much like what we are witnessing right now. Well, you could try bear call spreads, bull put spreads and really anything where we are selling premium.… Read more »
I came across an interesting infographic earlier this week. I’m still trying to dig in deeper to see if there are any opportunities to be had from the information given, but I will say that the infographic did spark some other ideas within the commodity sector. As we all know, inflation is here. How long… Read more »
Today I want to talk about the perfect set-up for an iron condor. But with a bit of a twist. There is no doubt that volatility has increased across the board. And as volatility increases, trading opportunities increase which opens up the options playbook significantly. Iron condors using highly liquid ETFs are one of my… Read more »
I make my living selling lottery tickets. I always want to act like the casino, knowing that the probabilities are on my side. But I also understand that sequence risk is a fact that I must combat at all times. And the best way to fight off sequence risk is simply through allowing the law… 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!
