Two condors hit the 21 day line on the same Friday. One left with money. One is still on the road.
The book is back to five positions and two expirations, six earnings reports just showed every outcome an option seller gets paid for, and this issue draws the September positions the way the market actually prices them.
NVIDIA Earned $96 Billion in a Quarter and Jumped 8.7%. Ten of Eleven Sectors Fell That Same Day. Then Twenty Minutes in Wyoming Put the September Hike Back On.
The Option Premium relaunches September 21 as one complete platform. Three weeks out. Stay tuned.
The illusion of control quietly bleeds traders. Why you control process, not outcomes, and how to trade the market instead of fighting it.
When the VIX goes quiet, Wheel credits get thin and discipline gets tested. The five-move playbook for low volatility, with the research and honest math.
A long call gives you the right to buy 100 shares at the strike price. Here is what it costs, when it is genuinely appropriate, and when selling premium is the better choice.
Closing the V Iron Condor for a Profit
Adding a New Position
Rolling into October
Time decay quietly erodes option values every day. For sellers, that erosion is income, and understanding exactly how it works is essential for anyone trading options for income.
Why probability, not prediction, should guide every options trade, and why the probability alone is not enough.
