Twice a month since September 2012, SMB has been holding John Locke’s group mentoring classes. For those of you who are new to SMB Options, John Locke is an experienced options trader and mentor who is well known for devising unique and sophisticated options strategies designed for most market situations. On May 2, John discussed static and dynamic trade planning … Read More
A Trader Asks: Why Do You Prefer the Butterfly Strategy?
Hello Seth, Wanted to say thanks for the Webinar presentations provided on the Options Tribe site. It is very interesting to observe the many styles and approaches people are implementing. As I’m getting closer to starting the options program, I’ve been thinking about what style would be suited to my personality the most. I have a little bit of an … Read More
Recording: John Lock Group Mentoring Session
Static and dynamic trade planning. May Bearish Butterfly example. Risk Disclaimer
Free Mentoring Classes with John Locke
Twice a month since September 2012, SMB has been holding John Locke’s group mentoring classes, and now we’ve got a special offer: we’re offering two free sessions for his M3/Bearish Butterfly/Rock Trade group mentoring classes today, May 2 and Thursday, May 16. For those of you who are new to SMB Options, John Locke is an experienced options trader and … Read More
Sometimes Being Contrarian Means Betting on the Trend
A dip against the long-term trend offers a high probability setup for the contrarian trader to adjust options positions that haven’t been working and to put on positions that will take advantage of a possible trend resumption. In this most recent example, we can see that the price traded down to the lower band of the LRC Channel. Regardless of … Read More
Recording: John Locke: A Piece of the Rock
SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by veteran options traders and experts in the world of options trading. In this presentation, John Locke provided a detailed example … Read More
Jared Levy on Fox Business: Where Do We Go From Here?
Jared Levy, host of SMB’s upcoming comprehensive video series on directional vertical spreads and author of Visual Guide to Options (Bloomberg Financial), appeared on Fox Business last week to discuss where the market is headed from here as it reaches its record highs, his views on AAPL, and a few select equities. Watch the latest video at video.foxbusiness.comThe SMB Options … Read More
Recording: Greg Loehr: Trading Broken Wing Butterflies When the $VIX is in the Basement
SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by veteran options traders and experts in the world of options trading. In this presentation, Greg Loehr of Optionsbuzz.com discussed the … Read More