With little fresh news in equities today, the Radar was very helpful finding plays while futures chopped around a tight range. As we tweeted earlier, one of the top In Play stocks this morning was $MPC. A nice trade emerged later in the day. Even on flat days in the market, opportunity can still be found if you’re watching the … Read More
Options Tribe Volatility Presentation: Today at 5PM
Options Tribe – July 5, 2011 Tuesday July 5, 2011 5:00 pm Eastern Daylight time 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 … Read More
Trading Thought of the Day – July 5, 2011
If is is hard to buy a stock on the bid at the prices you want this can be a very bullish tell. – Mike Bellafiore
Spencer Asks: Are You Overvaluing Past Trading Successes?
As traders we want to believe for the most part we are making rationale trades from a risk to reward perspective. At SMB we ask ourselves “if I make this trade 1,000 times will there be a positive expectancy?” If the answer is yes then we make the trade. If the answer is no then we don’t make the trade. … Read More
SMB Morning Rundown – July 5, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Options Tribe (Video)
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 meets online for the primary purpose of watching live presentations made by outstanding veteran options traders and experts in the world of options trading. Yesterday, we demonstrated a unique approach to butterfly adjustments, … Read More
Options Tribe Volatility Presentation: 5PM EDT on Tuesday , July 5, 2011
Options Tribe – July 5, 2011 Tuesday July 5, 2011 5:00 pm Eastern Daylight time 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 … Read More
Want to Make it as a Trader?
Guest Post from Fred Barnes This musing on intraday trading may come off as a bit harsh and simplistic, but I think subconsciously maybe that is what I intended when I decided to pen this piece (initially as an email to a few traders friends). Here’s the premise for this piece: trading is “blue collar” work. If you want to succeed … Read More


