SMB’s Options Tribe Meeting, August 9: Multiple Monthly Butterfly Strategy

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  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 outstanding veteran options traders and experts in the world of options trading. On August 9th, Paul Kaestle demonstrated his … Read More

Free Options Webinar: SMB’s Options Tribe: Tuesday, September 27, 2011 at 5pm EDT: Butterflies and Long Stock Positions

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Tuesday  September 27, 2011 at 5:00 pm Eastern Daylight Time 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 outstanding veteran options traders and experts in the world of … Read More

Free Options Webinar: SMB’s Options Tribe: Today at 5pm EDT: Earnings Plays Using Calendar Spreads

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Tuesday  September 20, 2011 at 5:00 pm Eastern Daylight Time 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 outstanding veteran options traders and experts in the world of … Read More

SMB’s Options Tribe Meeting, August 23: Condor Strategies

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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 outstanding veteran options traders and experts in the world of options trading. On August 23rd, Seth Freudberg, the Director of … Read More

Some cool things about working at a prop firm

Seth FreudbergGeneral Comments, Options Education, Seth Freudberg's Blogs2 Comments

Yesterday was a really interesting day. Since we launched the options training program, I’ve been driving  up to SMB from my home in Philadelphia  almost  every Wednesday. I certainly have valid business reasons to be up there each week but honestly, my main motivation, is that I just love the environment. I really enjoy hanging out with other traders and … Read More

Free Options Webinar: SMB’s Options Tribe: Tuesday, September 20, 2011 at 5pm EDT: Earnings Plays Using Calendar Spreads

options internGeneral Comments, Options Education, Seth Freudberg's BlogsLeave a Comment

Tuesday  September 20, 2011 at 5:00 pm Eastern Daylight Time 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 outstanding veteran options traders and experts in the world of … Read More

Options Tribe 2011-07-12: High Probability Income Positions

Seth FreudbergGeneral Comments, Options Education, Seth Freudberg's Blogs1 Comment

Options Tribe – July 12, 2011 Tuesday July 12, 2011 5:00 pm Eastern Daylight time 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 outstanding veteran options traders and … Read More

Traders Ask: What Do I Do About An Obnoxious Bid Ask Spread on a Butterfly Trade?

Seth FreudbergGeneral Comments, Options Education, Seth Freudberg's Blogs, Traders Ask5 Comments

An Options Tribe Member  asks: Given that we’re about 55 days out from the  July monthly options expiration,  I was playing with a July 770-820-870 put butterfly on the RUT (when it was trading around 840).  Usually the bid/ask spread for ATM and OTM puts on the RUT is narrow enough, but the spread on the 870 put ($51.80 by … Read More