[9/7: updated stop to 48. We're already #FreeRiding here, so whatever we sell the remaining portion of the position for is pure profit!]

According to "the news," Americans can't afford to buy homes and rising mortgage costs will only...

If you’ve tuned in to either of my “Expiring Daily” Twitter spaces talks over the past two Mondays, you’ve heard me talking about a trading strategy I’m currently in the process of...

I mean, do I really know my risk?

Stocks and Futures traders like to talk...

If you would've told me a few months ago that we'd see a large crypto exchange (FTX) go bust and later a number of big banks become insolvent and collapse to zero, I would've laughed you out of the room if you followed up with: "...and bitcoin will...

The shorter my timeframe, the shittier the market. ~ Brian Lund...

I’ve received a few emails over the past few weeks from people who had long calls trades that went their way – a good problem to have. But they had questions about how to manage them....

All things considered, the tech sector is holding up well. This gives me some comfort that this is an area we can sell some delta-neutral options premium to ride out this market volatility.

But we're going to do so carefully, defining our...

People love the idea of entering options trades with a high probability of success. It’s easy to be seduced by the prospect of winning on 60, 70, or even 80 percent of our trades.

Today's trade is going to leverage the rising volatilities introduced into the stock market this week thanks to testimony from the Federal Reserve Chairman (I've been told).

When markets get dicey and volatility rises, I like to look...

If stocks are going higher from here, Meta Platforms $META (the cool kids call it "facebook") is likely to lead the way.

We're going to leverage some short puts to pay for the potential of unlimited upside if we get our timing right.

...

I F*d up.

And when I do, I usually suffer the consequences – almost without exception.

The conditions for the re-birth of a bull market were met earlier this month, but the...

It sounds so simple.

To win at trading means to take profits.

Slippery markets make for rising options premiums. And one sector ETF is currently rising head and shoulders above the rest, offering some juicy premiums for us to sell into along with a wide risk management band for us to dance in.

So let's...

When I last wrote to you, I was mired in a spiral of frustration as I grappled with understanding what went wrong with one of my strategies, what I missed that opened the door to a larger-than-expected loss, and how...

As a trader, I’ve grown comfortable with losing.

Losing money is part of winning over the long run.

In the options market, summer flights priced in Boeing options are pretty cheap right now.

I think I'll be looking to take a flight to a fun European destination if I can get a bullish position in Boeing to pay for it. Maybe I'll even fly on a...

I’ve been enjoying a (new to me) book recently. Today, I came across this passage that stopped me in my tracks:

Trading is a journey, not a destination. So you’re a trader. Now what? Trading is a constant process of intellectual and emotional...