Over the past several years, options trading has evolved along two basic directions. The first involves structuring trades that are designed to profit from a particular view of the market. In most cases these positions serve as a proxy for stock ownership: they allow an investor to be long or short in a specific time frame with a certain amount … Read More
Recording: Greg Loehr: Trading Broken Wing Butterflies When the $VIX is in the Basement
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 veteran options traders and experts in the world of options trading. In this presentation, Greg Loehr of Optionsbuzz.com discussed the … Read More
Broken Wing Butterflies Are Back
This post is another in a series that we will be publishing which track the hypothetical performance of broken wing butterfly trades selected by Greg Loehr of Optionsbuzz.com. After taking a break from blogging, I’m now back to continue contributing to the understanding of what I believe is among the best strategies that a trader can have in his (or … Read More
AAPL Skew is Reverting
This post is another in a series that we will be publishing over the next month , tracking the hypothetical performance of broken wing butterfly trades selected by Greg Loehr of Optionsbuzz.com. Last week I asked if Apple can really keep going up forever, and at least for another week it did. And the hypothetical put broken wing butterfly I … Read More
Free Options Webinar: SMB’s Options Tribe: Tuesday, September 27, 2011 at 5pm EDT: Butterflies and Long Stock Positions
Tuesday September 27, 2011 at 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 experts in the world of … Read More
Options Trade Initiation: Why Patience Pays Off
When developing traders enter into income options strategies, there is a tendency to become impatient when executing the opening trade. The trader will typically put an order in at or around the mid-price but often finds that the market is not biting on that price immediately. This can create anxiety and a feeling of impatience in the trader, arising from the belief that, since almost … Read More