Expiration Friday: Unveiling the Dramatic Conclusion of Pinning Trades in GOOG and AAPL

Seth FreudbergGeneral Comments, Options Education, Seth Freudberg's BlogsLeave a Comment

On Friday we followed Options Tribe member Craig Wasserman’s thought processes and analysis as expiration Friday proceeded.  Craig had been watching AAPL and had become convinced that it was going to pin to 320. He reached this conclusion around 12:30 PM EDT. Craig entered an AAPL 320  iron butterfly trade shortly after making his call on the pinning strike of … Read More

Discovering Trading Joy: How It Impacts Your Results (and Where to Find It)

BellaMike Bellafiore's (Bella's) Blogs4 Comments

Golf offers us so many psychological lessons from which traders can learn. Are their two professions that universally accept the importance of the mental side of the game more than trading and golf? Are there any two professions where psychological coaching is in such demand? Are their Dr Steenbargers, Shulls, Kievs coaching litigators or surgeons? Before this week’s US Open … Read More

Expiration Friday Pinning Trades in GOOG and AAPL

Seth FreudbergGeneral Comments, One Good Trade, Options Education, Seth Freudberg's Blogs, SMB FundamentalsLeave a Comment

The great thing about options is that they can be played in so many different interesting and creative ways. A case in point:  There is a cult of options traders who focus on the last two days of the monthly options expiration cycle.  These traders focus, separately, on  expiration Thursday trades and expiration Friday “pinning” trades.  The premise for each … Read More