This week, Options Tribe Member Tom Hughes appears for the first time to discuss the monthly Broken Wing Butterfly trade that he personally designed.
SMBU’s Options Tribe Webinar: Russell Rhoads, CBOE: Shorting Volatility with $VXX options
This week, Russell Rhoads of the CBOE returns to the Options Tribe to discuss how he uses $VXX options when his bias is short as to market volatility.
SMBU’s Options Tribe Webinar: SMBU’s Andrew Falde: The TEA Iron Condor Options Trading Technique
This week, SMBU’s Andrew Falde returns to the Options Tribe to present his TEA iron condor options trading technique. Earlier this year, Andrew taught a small group of traders the TEA Iron Condor system. The system is robust enough to handle the recent big market moves because it is comprised of a mix of trend following and market neutral income components. Andrew will also discuss some of the filtering technique that he uses to help reduce risk during black swan events.
SMBU’s Options Tribe Webinar: Joe Murray of SMB Capital: Trading Medium Probability Iron Condors
This week, Joe Murray of SMB Capital will discuss the findings of his live trading and exhaustive backtesting of his medium probability iron condor strategy.
Options Traders that Don’t Fail Have This in Common
The data is in and the record is clear: Income traders who control the size of their losing trades are the long term winners. Having run our options trading desk at SMB since 2013 and having traded options income strategies for much longer… I can tell you that this simple truth proves itself over and over — on a regular basis. … Read More
Why Rule Based Trading Systems May Be the Best Place for You to Start
In this post you will learn: The difference between a rule and a guideline That rules are not just for technical traders; discretionary traders and fundamental investors also use rules How to find the rules that are worth using A rule is different than a guideline. Think of it like a road. A rule is like the guardrail that is … Read More
What is Checkmate Options Trading?
Andrew believes there is no better way to learn than through watching live examples. So, this Thursday at 10:00 AM Eastern, he will host a live class to go through the process of finding, executing and managing long and short options trades using a multifaceted approach he calls “Checkmate Trading”. This class is a one time event and will last … Read More
SMBU’s Options Tribe Webinar: Mike Bellafiore, Co-Founder SMB Capital: The five most important habits to become and sustain as a profitable trader
Today, SMB Co-Founder and noted author Mike Bellafiore returns to the Options Tribe to share his observations about the habits that sustainably great traders develop as they progress in their trading careers on a proprietary trading desk.