Our weekly workshop with options desk trader, Andrew Falde, has the purpose of teaching you how to find reliable trading edges and create practical trading plans that can be implemented in the real world. Andrew has been developing systematic options and swing trading strategies and sharing them with the SMB community for over 5 years. He earned a seat … Read More
Some traders say that trading the open provides some of the best opportunities each day. Others are of the opinion that “the first 30 minutes is for fools — fools that want to be separated from their money.” So which is it? More importantly, which is it FOR YOU? All this noise about “the open” can breed confusion and fear. … Read More
Traders often want to trade bigger. Today SNAP offered an example to me of when and how. I was short Shapchat ($SNAP) intraday and scrolling through the SNAP positions of our other traders on the desk. I felt like I was not big enough in my short. I started to think where I could add to my winning position. First, … Read More
This video covers a technique for cutting a position’s exposure to increased options volatility under these circumstances. Options trading in a low volatility environment is not without danger. If the market sells off, options volatility will increase causing a larger than normal drawdown on positions opened in a low volatility period.