Options traders like you have been telling us for years what they want to achieve in their trading. Strangely enough, they don’t ask us to show them trades that make bigger profits. Nor do they ask for risk-free trades. The word we hear most from options traders is consistency. Who wouldn’t want to be more consistent, right? However, we believe … Read More
What You Can Do to Stand Out (SMBU Daily Video)
In our SMBU Daily Video, learn what can set you apart from other traders.
In this video, Mike Bellafiore will discuss:
What qualities make a trader stand out
Fitting in with other traders
Why you shouldn’t reinvent the wheel
We hope this video helps you improve your trading skills.
– SMBU Team
SMBU’s Options Tribe Webinar: Seth Freudberg to present a weird version of the Weirdor
Today, Seth Freudberg will be presenting a modified version of the iron condor trade known as “the weirdor”. This will be the first time that this particular version of the Weirdor has been presented on the Options Tribe
Enhancing Probability: A Guide to Index Mean Reversion Pairs Trade
With RUT accelerating to new highs and the SPX lagging — is there an opportunity for a mean reversion pairs trade? I believe so. The probabilities are high for mean reversion. But, the danger of a mean reversion trade is the possibility of being too early. That is where options can give us additional edges. With options we can “lean” one way … Read More
Long BABA Again
BABA reported solid earnings in early May causing it to gap above 85. On Friday I got long at 85.20 with a stop below 84.50. If it can close above 87.50 next week I would be willing to hold it for a longer term move back into the 90s. Sellers are in control right now so I could get stopped … Read More
Oracle Had A Fundamental Catalyst That Made It A Good Short
ORCL reported disappointing earnings after the Close on June 17th. The next morning it traded lower before rallying back $2 with the market. I had two reasons why I thought it would roll over again the next day. One, I believed the large market rally the prior day was the primary driver of its bounce from 41 to 43. Two, after large … Read More
Why Netflix Was A Short Today
Netflix has been on quite a tear since they reported strong earnings in April trading higher by more than $200. But for short term traders who each day look to trade lower time frame trends NFLX offered a good short setup Friday morning. These are some factors I considered prior to sharing the setup in our morning meeting. Netflix had a huge … Read More
More Risk Doesn’t Always Mean More Reward
In our SMBU Daily Video, learn how you can get lower risk with higher reward. In this video from Seth Freudberg, he discusses: The myth that higher risk means higher return Average return an options trader can make The benefits of managing your own money We hope this video helps you improve your trading skills. *no relevant positions