Today, Ron Wheeler of Dynamictrend.com discusses his way of identifying opportunities in overpriced credit spreads. This is Ron’s first appearance with the Options Tribe and we’re excited about his presentation. 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 … Read More
Broken wing butterfly nearly maxes out
This post is another in a series that we will be publishing which track the hypothetical performance of broken wing butterfly trades selected by Greg Loehr of Optionsbuzz.com. Every now and then in trading, you hit a home run. You may not expect it and you certainly can’t count on it. But it definitely won’t happen unless you give yourself … Read More
The Anthony Corporation Board of Directors
One of the most popular income options strategy is known as the high probability iron condor, which consists of a call side credit spread and a put side credit spread “facing each other” very far out of the money. For example, on January 19, 2011, at about 10:30 in the morning, the RUT Index was trading at 798. An options trader … Read More