E-Mini Swing Trading
Discretionary Trading
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May 21, 2019

When You Get To A Fork In The Road…

… Take It! Yogi Berra played, managed and coached the New York Yankees from 1946 through 1985. Yogi is known for not only his baseball career but also for his countless expressions that were memorable because most of them didn’t make any sense. However, every one of them has some truth to it and some of his quotes even relate to trading. Does “It ain’t over till it’s over” ring any bells?

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May 25, 2016

Earnings Season Wrap Up

We’re most likely done with earnings-related trades until the next cycle, so it’s time to move on to the compelling world of iron condors.  Before we go any further, I want to talk about the last couple trades and the strategy in general.  Let me start by saying, yes, the earnings strategy is a bit of a work in progress because no two earnings seasons are the same.  I’ve traded options for 20 years and yet I’m still learning.  That’s because unlike directional only trades, there are a lot more moving parts when it comes to options.  While it certainly makes the trade more challenging, it also provides a lot more opportunities for those savvy enough to [...]

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May 18, 2016

Crushing Once Again

Earnings season may be wrapping up, but that doesn’t mean the juicy options spreads have gone away.  In fact, we’ve uncovered two delightfully tasty earnings strategies for this week.  We’re going strictly Double Calendar this week (DC-style?) as we continue to refine our strategy to a finally honed profit-making machine.

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May 12, 2016

Why No One Shops at Macy’s

So the one thing we didn’t figure on when doing the Macy’s (M) trade was that the company is actually bovine defecation outlet posing as a department store chain.  When this reality hit, the stock dropped quite a bit more than the straddle price predicted. Granted, the options market didn’t know that Macy’s has actually been overrun by commie nazi zombies.

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NEW! Market Statistics
Cognitive Bias Carousel
  • Evil Speculator 101Evil Speculator 101
    So I found myself waking up last night and habitually reached for my iPad to catch up on emails and check my systems. Of course I wound …
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