I don’t win on 100% of my trades. You don’t either. That’s to be expected. You can Estimate the probability of a trade winning in a variety of ways, but it is only an estimate and it certainly isn’t 100%! Sometimes you even place a trade and you are perfectly […]
Education
23 posts
2020 has been an … interesting year so far, to say the least. In the last year, the market is up 2.29% and year to date the market is down 6.86% [SPX as of 6/26/2020]. These nominal returns hide the fact that we are in the midst of a global […]
Let’s discuss a way to generate a bit of income on our long term stock holdings. This is a slight twist on the traditional covered call approach that I’ll be implementing on one of my underlyings in my long term portfolio. On Friday June 19th, I had some of my […]
I work full time. I have a wife, two kids, and a mortgage. I have enjoyed investing and trading for many years (decades now that I think about it!), but have always needed to find a way to do it part time. Today, I explore some of the advantages to […]
TAL Education Group (Ticker: TAL) For those not familiar, TAL is a holding company and its subsidiaries deal primarily with after school tutoring. China’s market has held up reasonably well, and if you believe the data, they are past the peak of COVID-19 cases. Trade Idea – Sell the 17 […]
This is the fourth in an unexpected series of pointing out glaring errors in Barron’s. For some reason, the editorial quality has dropped off recently, leading to some pretty basic math errors being made and leading to confusion for new option traders. The 3/3/2020 recommends selling puts on BlackRock. A […]
Limited time only! Everything must go! Generic marketing statement! As hard as it is to believe, the market was at all time highs closing on February 19th at 339.08. Here is a three month chart of SPY, showing that peak, plus our recent close of 228.02 on March 20th. It […]
Remember October 2014? We were all eagerly anticipating the upcoming release of Big Hero 6. OK, maybe not. What is interesting about Disney in 2014 is that it was the last time you could buy the stock for $85. Just one month ago, I wrapped up a Disney (Ticker: DIS) […]
Yes I am using a motivational phrase produced by the British Government to talk about the US stock market. Last week’s market action, which may have Felt like a World War II air raid was not fatal nor as serious. The chart isn’t pretty, though, with the market dropping ~11.5% […]
Which Greek do you focus on for your trades?