{"id":41192,"date":"2015-06-11T08:56:18","date_gmt":"2015-06-11T12:56:18","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=41192"},"modified":"2015-06-11T08:56:18","modified_gmt":"2015-06-11T12:56:18","slug":"a-safer-way-to-be-long-at-the-top","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/a-safer-way-to-be-long-at-the-top","title":{"rendered":"A Safer Way to Be Long at the &#8220;Top&#8221;"},"content":{"rendered":"<p>When I\u00a0start getting signals to be long at the upper end of the range, it can be a psychological challenge.<\/p>\n<p>Traders don&#8217;t want to be &#8220;late&#8221;.<\/p>\n<p>It may seem like the move already happened and the risk\/reward is not favorable to have a long bias.<\/p>\n<p>Here&#8217;s the reality.<\/p>\n<p>Market neutral, positive Theta options traders don&#8217;t have to make that distinction.<\/p>\n<p>We have more tools available to us besides Long and Short.<\/p>\n<p>My personal preference is to\u00a0use long strategies in strong stocks, ETFs and indexes. And hold trades like the<a href=\"http:\/\/lessthanrandom.us5.list-manage.com\/track\/click?u=a23aaf117a4aad9b8340abd60&amp;id=3a469f0f03&amp;e=ade65e56c6\" target=\"_blank\">Bearish Butterfly<\/a>\u00a0to generate income and protect to the downside.<\/p>\n<p>Andrew Falde<br \/>\nafalde@smbcap.com<br \/>\nSMBU<br \/>\nNo relevant positions.\u00a0<a href=\"http:\/\/www.cboe.com\/resources\/intro.aspx\" target=\"_blank\">Options Risk Disclaimer<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When I\u00a0start getting signals to be long at the upper end of the range, it can be a psychological challenge. Traders don&#8217;t want to be &#8220;late&#8221;. It may seem like the move already happened and the risk\/reward is not favorable to have a long bias. Here&#8217;s the reality. Market neutral, positive Theta options traders don&#8217;t have to make that distinction. &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/a-safer-way-to-be-long-at-the-top\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1039,"featured_media":39534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1402,2063],"tags":[1226,1752,2969,2255,4683],"class_list":["post-41192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-options-education","category-smb-options-2","tag-bearish","tag-bearish-butterfly","tag-hedging","tag-income","tag-options"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Safer Way to Be Long at the &quot;Top&quot; | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/a-safer-way-to-be-long-at-the-top\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Safer Way to Be Long at the &quot;Top&quot; | SMB Training\" \/>\n<meta property=\"og:description\" content=\"When I\u00a0start getting signals to be long at the upper end of the range, it can be a psychological challenge. Traders don&#8217;t want to be &#8220;late&#8221;. It may seem like the move already happened and the risk\/reward is not favorable to have a long bias. Here&#8217;s the reality. Market neutral, positive Theta options traders don&#8217;t have to make that distinction. ... 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