SMB’s Options Tribe: Tuesday, December 27, 2011 at 5pm EST: Managing Options Positions by the Greeks Part 2

Tuesday December 20, 2011 at 5:00 pm Eastern Standard 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

SMB’s Options Tribe: Today at 5pm EST: A Multi-Month, Multi-Index Butterfly Strategy

Tuesday December 13, 2011 at 5:00 pm Eastern Standard 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

December 55 day $RUT bearish butterfly options trade: The finale

On  Wednesday,  the market  gapped down and  continued it’s downward trek of the previous  5 trading days.  According to the guidelines of the   bearish butterfly strategy,  the reduced profit target of $1000 comes into effect  21 days to expiration on this lot size.  As 21 days to expiration was yesterday, and the position was up $1800, I  previously stated that … Read More

SMB Welcomes a New Blogger–John Locke

SMB is proud to announce the addition of a new options  trader and success coach  to our blog, John Locke, of Locke In Your Success, LLC.  John is an outstanding  options trader  and success coach and has worked extensively with traders all over the world to help them improve their game. John has also been a frequent guest on SMB’s … Read More

How Great Ideas Can Emerge From Trading Communities

I was on the phone over  the last couple of days with two of our  active  Options Tribe  members–Nagaraj Ramakrishna, who has developed an outstanding butterfly trade in the  $RUT index and Charlie Ferguson–a remarkable weekly credit spread trader. They are each active members of our Options Tribe community, having both presented their trades recently on  tribe  meetings over the … Read More

SMB’s Options Tribe Meeting, August 2: Weekly Options Income Trading

  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. On August 2nd, veteran trader Charlie Ferguson presented … Read More