The Tao of the Dow

The Tao of the Dow

Today  I want to talk about the Dow Jones Industrial Average (DJIA). With General Electric (GE) being dropped from the DJIA after more than 110 years (and was an original component) I think it is appropriate. Last year the stock lost half its value and is down another...
An Important Question For My Readers

An Important Question For My Readers

Dear Readers, The Liss Report is now 5 years old and (hopefully) still counting. I have tried to the best of my ability to provide primarily knowledge of exchange traded options but also received wisdom on the market in general. Yes, there are times I have interjected...
The Vertical Spread

The Vertical Spread

I don’t like buying or selling options outright. If you buy naked options you had better be right and be right pretty darn quickly because time is absolutely your worst enemy. The 100 call and/or put are still worthless when the stock expires at 100. And selling...
The Only Reason to Trade is to Make Money

The Only Reason to Trade is to Make Money

Trading is not a game, not a hobby, not “something to do”. The only reason to trade is to make money. And that doesn’t mean trading every moment of every day. Unless you are a professional trader there is absolutely no reason to trade every day. The...