It’s funny how non-directional options trading differs from many other kinds of trading. For example, most forms of trading require price change to be taken advantage of by the trader. Day traders salivate when they look at charts that are vertical, in either direction. Directional options traders are the same way. But, non-directional options traders normally do best when … Read More
The key to winning options strategies is how well you handle the losing months
All great options strategies will have losing months. There is no getting around this simple fact, and it is critical to your mindset as a successful options trader that you accept these months as part of the game. While non-directional options spread strategies are also known as “income options trades” (giving some traders the mistaken idea that the strategies will produce … Read More
What I love about options trading
I’m sitting here this morning in the offices of SMB capital in downtown Manhattan, making some notes in anticipation of a blitz I”ll be doing this week, recording the majority of the videotapes that will form the core of our options training program. It brought me back to my first days as an options trader and the intense excitement … Read More