Does Robot Trading Work? Don’t like to read? See the YouTube video by CLICKING HERE Everyone wants an easy way to make money trading securities. We want an automated process that requires no thinking on our part. Just plug and play like the rest of our lives. Why does Robot Trading appeal to People? Fear […]
CELG – 7/31/18 – Covered Call This is a standard covered call I entered in CELG. You will notice on the chart below how the price changed over the 37 days I was in the trade and how I defended my short Calls. The only mistake I made was on 8/31 I was going to […]
The Covered Call Naked Put Strategy There are a lot of ways to get into a covered call trade. We actually prefer to use Diagonals but there is another way that can be very profitable if properly traded. If you trade options for profit or stocks for profit you need to know the best ways […]
ATVI – 7/6/18 This was another of a series of trades I did in ATVI as I tracked it through a number of different trades. This time I actually purchased shares of ATVI and entered into a standard covered call. With ATVI trading at $77.06 I bought 100 shares and sold a $77.00 call that […]
What is the Difference Between Buying and Selling an Iron Condor? Risk, reward and probability of success. Like most things in life the more risk you take the higher your potential reward but the lower chance of success. This is buying an Iron Condor On the other hand, if you take less risk your reward […]
QQQ – 9/10/18 – Iron Condor Decided to place a QQQ trade on 9/10, really the credit I got was not all that great when I entered the trade. I was trying to stay in the market and liked the strikes I was able to get so decided to go for it. When I entered […]
HD – 9/05/18 – Iron Condor On 9/5 I decided to place an Iron Condor trade on HD. HD was trading at $204.27 with an implied volatility rank of 13, not great but I decided to go with it anyway. When I placed the trade I had a 60.5% probability of success if I held […]
What is the Difference Between Buying and Selling a Butterfly? Simple, risk verses reward. I bet you wanted more than that right? Well, if you insist. Let’s take a couple of real life examples looking at the market right now. Let’s look at TSLA which is trading at $297.04 right now with an implied volatility […]
SPX – 07/31/2018 – Iron Condor I started this trade looking for an Iron Condor, I entered the Put side first and was filled in about a day. Next I entered an order for my Calls but … I was never able to get filled at a level I was comfortable with. SPX was trading […]
Trade4Profits: Watch Me Trade 2 Watch Me Trade 2 is a continuation of our first Watch Me Trade book. This time we show even more trades including a focus on range bound high probably trades such as Iron Condors and Broken Wing Iron Condors. This trading journal focuses more heavily on these strategies than our […]
