E-Mini Swing Trading
Discretionary Trading
System Trading
Options
Most Recent
 
Read More
May 11, 2016

Another Chance To Crush

First up big props to Greenlander for digging up this beauty – we are much obliged! Report to the lair to claim your free month of Zero goodness (email Mole at admin@). NVDA is a great candidate for an Limping Condor (a.k.a. double diagonal) or a Double Calendar Spread (DC). This time around, we’re going to stretch out our wings on our LC a bit to widen our break even points.

3174
 
Read More
May 10, 2016

Two For The Price of One

Macy’s (M) may not be anyone’s favorite place to shop these days, but its volatility curve is set up nicely for a vega crush campaign.  We’re going to look at two different ways to take advantage of M’s volatility term structure ahead of earnings (tomorrow morning before open).

5446
 
Read More
May 4, 2016

Vega Crush Candidates

The first round of our IV crush earnings plays was a resounding success and as there’s about a week’s worth of announcements left in this quarter we are pumped and ready for a second helping. If you’re new to options then I suggest you point your browser to to the first three posts in our ongoing tutorial series on option theory. Once you develop a basic understanding of what we are doing and how, selling volatility ahead of earnings announcements may become another profitable tool in your trading arsenal.

8199
 
Read More
April 26, 2016

Let’s Crush Some Volatility

If like me you were a Monty Python addict back in the days then you are probably familiar with the phrase ‘And now for something completely different’. As you probably know we’re in the midst of Q2 earnings season right now, and Jay The Executioner in collaboration with yours truly has been on the hunt for potential IV crush victims. To a seasoned option trader earnings season is tantamount to Christmas but four times a year. Because just like moths are invariably drawn to the flickering lights of a burning flame, retail traders can’t help themselves but accumulate overpriced options in hopes of guessing the resolution of earnings reports. And being the [...]

7649
Latest Posts
 
Read More
40892016-05-24_greenbay_rogers_lacy
 
Read More
26342016-05-23_wedge
 
Read More
5523charlie_brown_stock_market

 
Read More
53492016-05-18_crushing
 
Read More
4335beauty_of_destruction
Cognitive Bias Carousel
  • Sunk Cost EffectSunk Cost Effect
    The tendency to treat money that has already been committed or spent as more valuable than money that may be spent or acquired. Also known … more
Popular
 
good_will_hunting
Option Basics – Credit Spreads
 
einstein
Option Basics – Debit Spreads
 
fraternity
Option Basics – The Greeks
 
arnold_skool
Option Basics
 
brain
How To Debug Your Brain
 
TheFlawMain
Flawed Technical Analysis And Other Fallacies
Compare
Go