A Practical Guide to Identifying High Probability Option Trades

It is impossible to predict where the market is going to go or when it is going to go there, so as a result, traders rely heavily on probabilities and…

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Wheel Options Strategy Risks: Navigating The Downside

*Gasp*  No, can it be? What risks can such a popular options strategy possibly have? Don’t get me wrong. The Wheel Options strategy has advantages, such as selling premiums on…

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A Western View Of An Eastern Trading Indicator

Contents Moving Averages MACD Lagging Span Leading Span A and B Conclusion The Ichimoku Kinko Hyo is a trading system that comes from the East. It was invented in the…

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Using OptionNET Explorer to Study Options Strategies

OptionNet Explorer is a valuable software for studying options strategies. It is also referred to simply as ONE for short. While we all love to use free tools whenever we…

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Anatomy of the Volume Profile and the Virgin Point of Control

While true volume profile traders have much more sophisticated tools, for this introductory article, I want to show free tools. I will be using the “Fixed Range Volume Profile” tool…

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Trading the Rhino without Calendars – Is It Possible?

I was flabbergasted when I heard that some traders cannot trade calendars on indices. This could be due to certain brokerages, countries, or account types. Or it could be because…

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Understanding Stock Float: A Look at Liquidity

Stock Float is one of those topics that most people just brush over when they talk about trading and investing, but the float is a vital piece of information. It…

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Top Ten ETFs For The Wheel Strategy In 2024

Before we list my top ten ETFs for the Wheel, let’s review and see why I like using ETFs for the Wheel option strategy. ETFs trade just like stocks and…

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Covered Calls: How to Adjust to Changing Market Conditions

  Covered calls are one of the most popular options trading methods and provide many investors with an additional source of income on an existing equity position. When price action…

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How To Calculate The Net Delta Of A Position

Calculating the net delta of an option position is a crucial skill for traders seeking a comprehensive understanding of their portfolio’s risk and potential reward. Most trading platforms can calculate…

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