Lets review a strategy that is far too often overlooked in this newest post… how to trade a poor mans covered call.
The poor man’s covered call is an easy, low management, and relatively low risk strategy, traded the same as a classic covered call, only considerably cheaper. Let’s start by identifying a trade candidate.
This article identifies a severely under discussed issue. One that may have, until now, been a source of confusion to many aspiring traders. So let’s attempt to answer this critically important question with some “old fashioned” common sense. Basically; should you trade in different, random markets? The short answer is: It’s your call. Trade whatever you want! The longer answer, which is also your call, requires consideration. Trading random … Read moreShould you trade random markets?
Hey traders, lets get right to it. I want to share with you an easy options trading strategy, more appropriately, an incredibly accurate trading strategy. I’m tentatively calling it the MACD dive or the MACD rise, to highlight the exact indicator we’re using and the desired directional trade we’ll be looking for. Before getting started have a look … Read moreEasy Options Trading Strategy that Really Works
It is my honest belief that understanding options delta, of the 4 or 5 greek’s (if we count Rho), is the most important to trading success. Now, I’m not saying the other greek’s are unimportant I’m just pointing out what we all really know, price direction means everything. Any other metric or statistic is near non-sense (again my opinion) if the … Read moreUnderstanding Options Delta – if that’s even possible!
I’m entering an options trade on FXE, here it is with some detail. Enjoy and don’t forget to ask any questions below.. Here’s the chart… *Please note this image was taken on 5/9/17 I actually entered the trade 6 candles back, on 5/2/17. Analysis I’m considering or more appropriately, was considering entering an options trade on … Read moreCurrencyshares Euro Trust (FXE) – Live Trade – Entry 5/2/17