SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar—the Options Tribe—during which veteran options traders and experts in the world of options trading share live presentations. Next week, Greg Loehr returns to the tribe to discuss ideas as to … Read More
Randall Liss: Designing an Options Trade Around Your Market Opinion
SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each Tuesday, SMBU hosts an options webinar—the Options Tribe—during which veteran options traders and experts in the world of options trading share live presentations. This week, Randall Liss returns to the Options Tribe to accept tribe members’ … Read More
The Case for Wider Option Spreads
When analyzing a vertical based credit spread, including iron condors and butterflies, the first question that usually comes up is where to place the short strike. In a distant second usually comes the question of where to place the long strike, that is how wide the spread will be. This leaves some analysis to be done on using more contracts … Read More
How to Play Earnings with Options
Trading equities around an earnings report can be exciting, to say the least. To be successful you would need to project what the earnings results might be for a company and then you may need to determine how the markets might react to that earnings report. That is one unknown on top of another, and you basically need to be … Read More
Options Webinar: Casey Platt: Gamma Scalping
Today at 5pm ET Each Tuesday, SMB hosts an Options Tribe meeting where veteran traders and experts in the world of options trading share live presentations. This meeting is free to the public on the first Tuesday of each month. All other meetings require an annual membership to OptionsTribe.com. To register or join, please use the invitation link below. SMB’s … Read More
Unleashing the Power of an Options Trading Plan: Beyond Strategy
One common reason that options traders can’t find consistency is because they lack of a trading plan. You may be able to track your performance, but without an options trading plan it will be very difficult to repeat your success and minimize risk. A comprehensive options trading plan outlines how you will trade (your method), how much money you will … Read More
Mastering the Options Trading Golden Compass: A Guide to Reviewing Your Trades
One of the hardest things to do while attempting to become a profitable options trader is to find a strategy that you are comfortable with and then sticking with it long enough to give you a chance to play out over many trades. Many of us believe that we can purchase an options trading course or read a book and … Read More
Butterfly Options Strategy: Enhancing Risk-Reward Ratio
In this article we are going to discuss another options trading “income” strategy called the Butterfly. There are actually two strategies which fall into this category the “Butterfly” and the “Iron Butterfly”. The Butterfly is created using either all call options or all put options where you have a debit and credit spread joined At-the-Money by the short strike price … Read More