The Layering-On Risk Position

I’m expecting a grind up in SPX over the next 2 months so I’m layering on mostly inexpensive positions (and a few expensive ones) in multiple Fri/Mon expirations to add size and build a position. Below is my current position as of Dec4. I’ll likely be adding the trade below at some point in the … Read more

The Short Call Diagonal

Something I need to address before I get into the details of this post. Nobody who reads this post should ever attempt to trade this, or any strategy, based on my or someone else’s experience! I’m here to educate traders based on my many years of trading experience, not to recommend trades. Take what you … Read more