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March 21, 2018

The OP Earnings Release Option Strategies course gives you a tool box of options strategies that allows you to take advantage of major events.  It is designed to “straddle” the next ER season so that a list of ER plays with their appropriate strategies is developed for...

March 20, 2018

SYSTEMS DEVELOPMENT FOR OPTIONS TRADERS (with Green Goose)

The focus of the Systems Development Course is to lead attendees through the process of developing an high probability, low risk, high reward options trading system.  We will examine the forest from the perspect...

March 18, 2018

The final OP Basic Training with Green Goose course is currently in progress.  It is still open for registration (previous sessions recordings are available).    This course will be replaced in the future by a series of four week mini-courses on various option strategi...

March 5, 2018

It is always a telling sign that something is changing in market dynamics when we get financial entertainers (e.g., Cramer) state after two or three weeks of extreme volatility “Anyone could have made money in the market the last three years by buying.”   They are obvi...

November 12, 2017

There is no question that the markets have been on a tear since the U.S. presidential election one year ago.  There are many debates regarding to whom to give credit.  Trump, not Trump.  Maybe its Robert Mugabe or John Cleese – its all semantics to me.  I don’t sit on...

October 21, 2017

Today's counter culture states that "Rules are meant to be broken."  In trading, this couldn't be farther from the truth, especially as it relates to money management.

In some short term swing trading systems where the average time in trade ranges from one to five days,...

October 18, 2017

Butterfly's are my favorite options strategy as of late.

I spend several hours a day doing R&D around various strategies and had an "aha" moment a few weeks ago while looking at the effects of Implied Volatility (IV).   Some options strategies are positively affected by...

October 14, 2017

I am an options trader. 

When I first started trading options I was hooked by their complexity.  Yet that complexity was almost my undoing.  In my first blog post, I mentioned that my number one lesson learned over the past ten years was:

"If you don’t understand th...

October 10, 2017

I previously described how rather than force a trade on GLD, I would be patient and let my set up come to me.  This resulted in entering 8 x GLD Oct27 $120 calls on Friday, October 6th for $1.30 each (total investment of $1,043.11 including commission).  I subsequently...

October 7, 2017

I spend more time planning than actually trading.  My previous blog post on GLD was part of my standard R&D.  It was also a set up waiting for a trigger.

A common expression in the trading industry is "Plan your trade, trade your plan."  I follow thi...

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