The most oversold stock on the board just rallied 16.8% into our newest condor. This week: what a tested trade really means, why the decision lives at the 21-day mark, and how the August cycle gets finished one careful trade at a time.
The Ledger Sat Still at $32.63 This Week. Friday Will Not.
8 ETFs Above 50% IVR. SMH at 87% While SPY Sits at 14%. Jobs Missed at +57K. Warsh Testifies This Week. Bank Earnings Begin.
When to Roll, and Which Way
Delta, theta, vega, and gamma operate simultaneously on every position. Here is how to read all four at once using a covered call as the concrete example.
A practitioner's defensive playbook for the poor man's covered call, organized into four layers of hedging with eight practical tactics you can use.
The Van Tharp lesson every options trader has to learn. How to write down what you actually believe, audit your strategy for match, and filter every trade.
A practitioner's framework for trading earnings using expected move, implied volatility, and disciplined position sizing. Trade the reaction, not the report.
Opening a Bull Put Spread
Opening Up a New Position for August Expiration
Rolling the last of the July expiry positions
The delta you sell puts at sets your win rate, your premium, and your entry price. A practitioner's framework for the three delta bands and when to use each.
