Monthly Archives: August 2010

Busy Economic Week

This week’s economic calendar is extremely full and could provide good volatility. This morning we have personal income and consumer spending.  Personal income came in short from the consensus forecast by 0.1%.  However consumer spending came in 0.1% higher than … Continue reading

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Option Cycles

Have you ever wondered why there are months missing in your option chains? The reason is due to option cycles that are assigned to the stocks.  There are three option cycles.  Cycle 1, Cycle 2, (care to guess the third???), … Continue reading

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POT 120-125-135 Call butterfly

The market never ceases to amaze me in the way that it can move when no move is expected. I was in a position for August on POT with the titled trade.  On Monday the 16th the stock was sitting … Continue reading

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Expiration Market Myths, There are a couple myths that my friend and fellow trader (Greg Loehr) were discussing today.  They dealt with market manipulation and stocks closing where the highest open interest lie. Let’s start with market manipulation.  I know … Continue reading

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How to Prepare for Expiration Week

Preparing for expiration week In this crazy options world there is one time in particular that is more chaotic than others. That is expiration week. Expiration week brings with it its own special challenges and obstacles. There are elements of … Continue reading

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Market Myth 1

Market Myths In my many years of trading and teaching I have seen and heard many different things. Some true, some not so true. I have had to either learn for myself (the school of hard knocks) or do some … Continue reading

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Income Strategies

Income Strategy I am starting with a rant for the week. It is involving the term “Income Strategy”. I have heard this term thrown around the industry on many occasions. People label some of their trades as an “Income Strategy”. … Continue reading

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