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Trading

Options Trading

What is Dow theory?
Trading
Dow theory and the foundations of technical analysis
Timeless, trendy wisdom on market timing and trends.
What is the basis trade?
Trading
How basis trading works (and why borrowing big makes it risky)
Small gaps, big consequences.

Recently Updated

  • The put-call ratio: Gauge the market’s mood with an old-school volatility indicatorAre options traders pricing in fear or calm?
  • What kind of mood is the market in? Check the Cboe Volatility Index (VIX)Shaken or stirred?
  • 0DTE options trading: High risk or hype?Every weekday is expiration day. Is that a bad thing?

See All

0DTE options trading: High risk or hype?
Every weekday is expiration day. Is that a bad thing?
Condor and iron condor option strategies
When markets move sideways, these spreads go to work.
Covered call options: Targeting income from stocks you own (or setting an exit price)
Learn your options before you trade them.
Directional risk in options: Understanding delta and gamma
The rate of change of the rate of change.
Intro to options: A different way to participate in the stock market
Learn about calls and puts.
Iron butterfly: Body and wings (or a straddle with endpoints)
The option spread, not the ’60s rock band.
Know your options—and the risk and reward for each strategy
Options strategies for beginners and advanced traders.
Measuring options risk: Delta, gamma, theta, and vega (and rho)
Are they Greek to you?
Option butterfly spreads: Volatility, magnitude, and defined risk
Would you like your butterfly balanced or unbalanced?
Option collar strategy: Can you get free price protection?
Kinda sorta. But there are trade-offs.
Option specs: American vs. European exercise; physical vs. cash settlement
Know the terms of the trade.
Option straddles: Volatility, magnitude, and time (not direction)
A straightforward strategy, but risky.
Option strangles and iron condors: Targeting movement but not direction
Multiple strikes; multiple uses.
Option theta, vega, and implied volatility: Navigating uncertainty
Time and tide wait for no option contract.
Ready to roll? Keeping an option strategy intact past expiration
Lots of options for rolling options
Selling call and put options: A guide to the risks and rewards
Your rights vs. your obligations.
Selling cash-secured put options: Stock accumulation and targeted premium collection
Getting paid to wait for a buying opportunity.
Selling vertical put option spreads: Defined risk and reward with a bullish bias
It’s a probability/profit trade-off.
The expiration profile: How to read an options risk graph
Anatomy of a payoff diagram.
The put-call ratio: Gauge the market’s mood with an old-school volatility indicator
Are options traders pricing in fear or calm?
Understanding options: In the money, at the money, and out of the money
Show me the moneyness.
Vertical call option spreads: Defined risk and reward with a bearish bias
Putting time on your side.
Want to limit your downside risk? Introducing the protective put strategy
Collision insurance for your stock holdings.
What kind of mood is the market in? Check the Cboe Volatility Index (VIX)
Shaken or stirred?
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