Well that sure sounds like a scammy title. I can’t cover Everything you need to sell options profitably in a reasonably short article, but this will give you some basics. Plus, I’ll share the last 6 months of trades to show some of the ups and downs that one can […]
Education
Option Salary has been running for two years, a poorly timed launch just before the pandemic, but (spoiler alert) we’ve had terrific results. Option Salary is transparent about its results, with top level metrics publicly displayed. Members receive trades Before they are placed and see actual opens and closes (win […]
Have fun trading. Well a little bit of a fun at least. In between thousands of ‘standard’ trades, it is ok to have a bit of fun from time to time. I even suggested allocating a Really small amount of capital to gamble in a crazy meme stock (although lying […]
How to avoid FOMO. When it seems like everyone is becoming a crypto billionaire and cashing in on far out of the money options, how do we avoid the “Fear of Missing Out” trap? The Underlying Business The above chart shows an incredible run-up in BlackBerry as of January 27, […]
Implied Volatility is fun. Really. I have mentioned before that I think beginning option traders focus on delta, then find out about theta (after long calls expire worthless) and start selling options, and then more advanced traders learn about volatility and incorporate it and all the Greeks (Ok, not Rho) […]
Let me start by saying I spent a LOT of time in EB Games (for the snootier game player – Electronics “Boutique”) and Babbage’s as a wee lad. I’ve liked video games since I was exposed to the Atari 2600. The NES practically changed my world – it definitely added […]
2020 Year End Results – as many people are trying to quickly get past 2020, I’ll keep this as brief as possible (for me). 2020 Year End Results At Option Salary we provide real results, shared publicly with everyone here. Members have access to to the trades before they are […]
I’m bearish on DoorDash. I’ve been a user since before COVID, but really only when they offer a great deal – no delivery fee, $10 off, etc. During COVID, our family has used the service a bit more – but again, with promotions. They even offered a bonus $10 gift […]
This is the fifth in an series of pointing out faulty options education, primarily in Barron’s. I’ve passed on a few in the last couple months, but these basic errors need a bit of public shaming with the hope that editorial quality will improve. What happened this time? The November […]
Can you trade options after hours? No. Rather than create the shortest article ever to a very commonly asked question, I’ll expand a bit since the full answer is a bit more complicated. This question is regularly asked, often during earnings season as traders are looking to close options after […]