How To Choose Your Broker

How To Choose Your Broker

My purpose here is to educate you, the retail investor/trader. I strongly believe in the power of a knowledgeable individual to make the right investment decisions as opposed to letting some “expert” do it for you. And I emphasize the power of options to add insurance...
Let’s Review the Six Elements

Let’s Review the Six Elements

A lot of what I do in my teaching is to simplify and demystify exchange traded options. It’s literally not rocket science. Oh, you can find as many complicated mathematical formulas explaining options as you’d like. I doubt any of that helps the average home investor...
Always Adjust in a Spread

Always Adjust in a Spread

What I  want to talk about today is dealing with a losing position. When I mentored traders on the floor of the European Options Exchange in Amsterdam I always told them to adjust in a spread. But that I meant to not just liquidate the position and take the pain....
Sell In May and Go Away?

Sell In May and Go Away?

To every thing there is a season, and a time to every purpose under heaven Ecclesiastes 3:17 With the the Dow down quite a bit in these first days of May, let’s look at Seasonality Market seasons do, in fact, exist, it’s not just superstition. January tends to...
The Iron Butterfly

The Iron Butterfly

No, not the 1970’s heavy metal band (I really date myself here, don’t I?). I mean one of my very favorite trading strategies. It is particularly useful when the market or a stock is range bound, or as now, going back and forth between rebounding and retracing. It is...