Opening New Trades
Closing Our SPY Iron Condor
When breadth narrows and valuations stretch, disciplined traders sell into strength. The case for bear call spreads in overbought markets, with the math.
When implied volatility spikes, premiums inflate across the chain. Three high-probability strategies to convert fear into defined, probability-based income.
Opening a New Trade
The VIX jumped 25% in a week, the chips sold off hard, and our tested BABA condor becomes the best teacher on the book. We also cash trade number 20.
The Dam Opened: $2.62 Booked, the Year at $35.25, and the Wheel Turns Right on Schedule.
SMH Hit 100.00% IV Rank, the Maximum Possible Reading. Semis Fell 10% This Week. CPI Cooled to 3.5%. Energy Took the Leadership. 11 ETFs Above 50% IVR.
Tech stumbled, Abbott soared, Nokia sank, and this week's lesson is the one that decides accounts: what to do when a trade goes wrong.
Every options quote shows two prices. The gap between them is a real transaction cost on every trade. Here is what creates it, why it matters, and how to navigate it on every entry and exit.
Build a Poor Man's Covered Call portfolio that generates monthly income in downturns. Nine defensive names, four sleeves, and the execution rules.
Why waiting for high-probability options setups pays. The five-criteria filter, the behavioral forces working against you, and the non-trade journal.
