Using a VIX Call Spread as a Downside Hedge
I would like to discuss today another way to hedge your equity portfolio against a major move lower, albeit perhaps indirectly. And we can...
Options Education: The Short Strangle Options Strategy
I really don’t like being naked short options as a rule. The prospect of potentially unlimited risk would keep me up at night. But...
Options Education: An All Options Covered Write
The all options covered write strategy is also known as a leveraged covered call. In fact, back on the old trading floor we used to call...
Options Education: A Butterfly With a Broken Wing
Last week I talked about a low risk directional options trade that I like quite a bit:  The Butterfly. I discussed how I don’t...
Options Education: The Butterfly Options Strategy
One of the more difficult aspects of writing a column such as this one is that I have little or no idea of the...
A Bullish Options Strategy With The Clock On Your Side
I want to discuss today an investment strategy combining stock and options that takes great advantage of time decay. It is absolutely a bullish...
Options Trading Education: Let’s Double the Diagonal
In the past two columns I have discussed spreading time, also known as calendar spreads. There are horizontal time spreads which use the same...
Options Trading Education: Diagonal Calendar Spreads
I would like to continue my discussion of spreading time by describing diagonal calendar spread options. This spread, unlike the horizontal calendar spread, uses different...
Options Trading Education: Spreading Time
Today I would like to discuss time. Time is a huge factor in making up the price of an option. Options are a decaying...
Options Trading: Two by One or One by Two
Today I want to talk about the one by two ratio vertical spread, both long and short. Both are excellent options trading strategies although...