Here’s an e-mail I received from a good friend of mine and former mentoring student Options Tribe Member Craig. Craig is a fine option s trader and specializes in “expiration week trades”. These are highly specialized trades that Craig makes almost every month during options expiration week. Each expiration week , I ask Craig what he’s up to this month. … Read More
Is Passion Enough?
First of all, I would like to thank all of you at SMB for the work you do and the content you provide. I have not found a better source out there for actionable, instructive lessons on trading, and God knows I have searched through a lot of content on the internet the past couple of years. I first learned about … Read More
SMB Radar Update for May 23, 2011
Choppy market today, not many stocks giving a high IPR on our Radar. Only two giving a reading above 3.0 are $E and $MOS – readings over 5.8 and 3.7 respectively We prefer stocks that are very In Play. This is indicated by the brightness of the red, along with the IPR number (we prefer above 3.0). In Play stocks … Read More
Should we increase the tier size for this trader?
I received an email from a new trader asking for input on whether to increase his max tier size (how many shares he can trade per position). To get bumped up a trader might reach out to a Senior Trader to receive the increase. This is a trader who does everything asked of him. This is his 6th live … Read More
5/22/11 Market Overview and Swing Setups
@AdamG_SMB discusses setups in $SPY $ES_F $GC_F $GLD $LULU $SFLY $GMCR $COG $ACTG $ACOM $CRM $ALTR $SOLR $LNG shorts: $MTZ $PDS $MCO $VNO $FNSR $ULTA, longer term longs: $AG $FTO $MERC $HOC $PLAB $TTWO $VHC
I’d Rather Make Money Than Be Right
Those who follow SMB closely know that our AM Meeting divides trading ideas into three sections. Fresh, Second Day Plays, and Technical Plays. On Friday during we discussed YUM that recently had been trending higher and was especially strong on Thursday. With this particular scenario we highlight “prices of interest” where we would look to play YUM on the long … Read More
Gman All Cap Webinar – Free Webinar
Tuesday, May 24, 2011 Gman, head trader and partner at SMB Capital will discuss what adjustments he makes when trading small cap, mid cap, and large cap names on a daily basis. We welcome your questions both in advance and during the live webinar. Email questions to [email protected] Title: Gman All Cap Webinar Date: Tuesday, May 24, 2011 Time: 5:00 PM – … Read More
The Options Tribe – Free Webinar
Wednesday, May 25, 2011 SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by outstanding veteran options traders and experts in the world of options trading. This week we’ll be demonstrating the “Heart Friendly” butterfly trade. Title: The Options Tribe … Read More