Maximizing the Return on Options Credit Spreads

April 16th, 2014 In this video presentation, Seth Freudberg, SMBU’s Director of Options Training, explains the best way to optimize the returns on credit spreads. Surprisingly, the credit spread which yields the lowest dollar credit  per lot, often presents the trader with the highest return on capital potential. Seth shows you why in this video. Enjoy the video! Seth Freudberg Director, SMB Options Training Program The SMB Options Training Program is an eight-month program designed for novice and intermediate level options traders who are seeking an intensive training process to learn how to trade options spreads for monthly income. Read more [...]

FREE Options Webinar: Dr. Brett Steenbarger- Best Practices in Trading

April 16th, 2014 Your Option for a better trading life......together (SMBU Options Tribe) This is a MUST ATTEND free webinar! SMBU’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide.  Each Tuesday, SMBU hosts an options webinar—the Options Tribe—during which veteran options traders and experts in the world of options trading share live presentations. Next week, on Wednesday April 16th, we have a very special guest- who has worked with some of the world's largest traders.  Trading psychologist Dr. Brett Steenbarger appears on the Options Read more [...]

Back Testing an Options Strategy

April 16th, 2014 Note: The following contains hypothetical results; simulated using historic data. As mentioned at a recent SMB Options Tribe meeting; a group of options traders are now working to back test a proprietary momentum signal using a variety of options trades. Several tests have come back with varying results... but we are seeing a common thread for options trades that show low draw downs and smooth returns. The following represents the current best SPX options application for this signal called SPY Detector. (click to enlarge)   We have five other options strategies currently being back tested on these signals. Read more [...]

SMB AM Meeting Recap: $YHOO

April 16th, 2014 In this short video, Steve discusses a stock from this morning's AM Meeting. Every morning he reviews the market and analyzes the stocks that are in play and likely to have second-day moves. Steve discusses the potential trading setups in $YHOO. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 18 years. His email address is: sspencer@smbcap.com. Steven Spencer is currently long ACAD, CLDX, CROX, DDD, FB, FEYE, LQDT, P, SPWR, WAVX and short INTC, KO, SPY, TWTR. Learn the skills necessary Read more [...]

PlayBook Checkup: $HRB Breakdown from Held Bid Support

April 15th, 2014 Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. In this video a Junior Trader talks about a trade she made in $HRB. We hope you enjoy this PlayBook video. (You can also get access to all the PlayBook Checkups here.) You can be better tomorrow than you are today! Mike Bellafiore One Good Trade The PlayBook No relevant positions Read more [...]

SMB AM Meeting Recap: $JNJ

April 15th, 2014 In this short video, Steve discusses a stock from this morning's AM Meeting. Every morning he reviews the market and analyzes the stocks that are in play and likely to have second-day moves. Steve discusses the potential trading setups in $JNJ. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 18 years. His email address is: sspencer@smbcap.com. Steven Spencer is currently long ACAD, CLDX, CROX, DDD, FB, JNJ, LQDT, NFLX, P, SPWR, SPY. Learn the skills necessary to identify and manage trades Read more [...]

Enhancing Trader Performance With 2500 Year Old Wisdom

April 13th, 2014 *****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note Sun Tzu, known for his treatise The Art of War, would have made an excellent trader.  The principles he taught for successful military strategy are just as applicable today for stock traders as they were 2500 years ago when originally penned for military strategists.  There have been quite a few traders (myself included) who have benefitted from a thorough study of Sun Tzu’s Read more [...]

Can Negative P&L be a Good Thing?

April 10th, 2014 In this video presentation, Seth Freudberg, SMBU’s Director of Options Training, explains how negative P&L in an options trade can surprisingly be a good thing. Enjoy the video! Seth Freudberg Director, SMB Options Training Program The SMB Options Training Program is an eight-month program designed for novice and intermediate level options traders who are seeking an intensive training process to learn how to trade options spreads for monthly income. For more information on this program contact Seth Freudberg: sfreudberg@smbcap.com. Risk Disclosure No relevant positions Options Learn options Read more [...]