Real-time options education and strategies
Part 1 This post will outline a step by step process where I’ll show you when a trade setup would have been triggered and how it could have been traded. Even though I use this strategy literally hundreds of times in a year with my own trading, this is not one of my actual trades. … Read more
How do we know if buyers or sellers caused a price spike? If price is rising it’s due to buyers and if price is falling, it’s sellers. Yes, it’s that simple but, as always, there are nuances. Look at the SPY market profile from 10/19. Buyers took it higher right from the open. Sellers took … Read more
Bottom line: on 10/19/2020 I began the trading day with $0 of risk and no asset value in a SPX position. At the end of the trading day I had $0 of risk and 1 asset that had the potential to be worth as much as $25 in a SPX position. I came into the … Read more