All Star Charts EDU, Now Including FREE Options Content!
In the Options Module, I discuss position sizing and why very careful consideration should be given in this area. Leverage is a helluva drug, and it's easy to get carried away in options. When in doubt, always err on the smaller side. There is also a section on portfolio management and why you should always be mindful of your overall portfolio delta. It's never great to have all of your positions exposed to the same risks. That's where hidden trouble often resides.
Then we get into perspectives and things to be aware of with various spreads. For example, I'm always eager to take profits early in vertical spreads, and I prefer to skip bull call vertical spreads all together when I'm bullish, here's why.
You'll also be able to read my views on the important Greeks, and my interpretation of various key options terms in our Glossary including "Legging into Spreads," and why I think it's most always a bad idea even though I still do it occasionally.
In all, there are currently 8 lessons in the Options module, with more likely to be added in coming weeks and months. And the content is freely available to everyone, not just subscribers to All Star Options.
If you have any feedback or suggestions for additional insight you'd like to see, please hit me up in the contact form.
Best,
@chicagosean
Here is a link to become a founding member of All Star Options at a discounted price!