Entry 11 Mar 23: Grey Skies
The skies over the financial markets seem to be turning grey. I am already writing this entry on Friday since I am traveling to the Netherlands this weekend to pick …
The skies over the financial markets seem to be turning grey. I am already writing this entry on Friday since I am traveling to the Netherlands this weekend to pick …
Delta busters may help me reduce delta exposure. This week I looked at reducing (or: busting) my high delta exposure after finding a play that may help me. It is …
I still am very much trying to find my edge in options learning and trading after trading now for over 10 months. I am still waiting for a more volatile …
Choppy seas ahead! Well, actually also behind us but there are many signs that the big bully wave we have been riding on since the beginning of this year is …
I am not the only bad trader this week. During the whole week, my portfolio P/L YTD went up and down to end on Thursday evening in the red for …
I had another chat with ChatGPT on volatility conditions for trading iron condors. In a book I was reading, The Options Traders Hedge Fund Framework by Dennis Chen and Mark …
When trading options, exit rules are there for a reason, as I again found out in January when the market went against most of my positions. Well, it wasn’t the …
I have been asking ChatGPT questions about options trading to help me on my odyssey to become a professional options trader. And I have to say I have been pleasantly …
I need to start monitoring beta-weighted delta! Because my strategies are too dependent on the directional move of the market. This week my options lost much of their value again. …
I want to elevate my earnings by trading companies’ earnings. Earnings season be an exciting and profitable time, and it often is a very volatile time. But it is also …