Real-time options education and strategies
There’s quite a few people on Twitter (X) who are generous with their time and knowledge and Cem Karsan is certainly one of those people. The fact that his tweets (posts) are often cryptic and highlighted by emojis require readers to spend a little time understanding what he is actually saying. In the tweet below … Read more
A quick post regarding a TSLA trade I made this week. I was bearish the stock based on the chart so I made 3 separate trades initiating a new bearish position. The last 2 trades were more expensive than the prior one because I was cost averaging UP. I often use that strategy to increase … Read more
That did not go as expected! When I tweeted posted this on Thursday little did I know that this bearish engulfing candle was only just a stop run as opposed to the beginning of a pullback in SPX! It no doubt shook out many of the ‘late to the party’ traders who tried to jump … Read more
This post is about establishing multiple positions in AAPL that are placed in different expiry’s to allow for the harvesting of profits throughout the year. Get it? Apple, harvest…hmmm…tough crowd. 😒 Okay, moving on. This was my tweet on July 22 mentioning the AAPL market profile chart. This post isn’t about market profile so I … Read more
I trade on the side. I learned to trade during a time in my life when I could devote my entire attention to it. Now, I have a demanding job with long and irregular hours and young kids at home. I have little time to ponder the market in the evenings and almost no time … Read more
I trade a lot of 3-day Calendars. When I say ‘a lot’, I mean a lot! And, no, 3-day doesn’t refer to the duration of the trade, it refers to the difference between the long and short options. Specifically, the short option expires on a Friday and the long option expires on the following Monday … Read more
This SPX chart reflects my current analysis of the daily time frame. The 8 SMA bands are still upsloping which represents a price uptrend although good location for a new long is currently down around 4050. That’s well below Friday’s closing price of 4105 but I’m not basing my current trade on the rising lower … Read more
Back in 2021 I wrote a post titled ‘The One at a Time Portfolio’. It refers to a strategy where, after a single trade is made, you do not add a new position to your portfolio until the first position is either exited or you’ve substantially reduced or eliminated the initial cost of that position. This strategy … Read more
This post is for every type of trader but especially those who either don’t have the time or the ability to trade all day long. Even those traders who can trade at any time it’s good to have a primary position that is in the direction of the underlying trend that doesn’t need to be … Read more
Who doesn’t like to buy less expensive stuff and sell more expensive stuff? Everyone loves buying stuff on sale, especially if they can turn around and sell it for a higher price, right? In fact, I can honestly say if you don’t like buying less expensive and selling more expensive things then you’re going to … Read more