Protective Puts

A protective put is used when a trader is bullish on a stock he is buying or already owns, but is wary of the stock’s short-term future. It is used as a means to protect unrealized gains, while giving the trader continued upside potential.
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Protective Puts

A protective put is used when a trader is bullish on a stock he is buying or already owns, but is wary of the stock’s short-term future. It is used as a means to protect unrealized gains, while giving the trader continued upside potential.
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Options Market Making

Last Friday, there was a perfect example of why I left the trading floor, and how computers have taken over the trading world.When I began my trading career on the floor of the Chicago Board of Options Exchange (CBOE) in 1999 as a maker,...
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Selling Call Spreads

In the coming days as we get closer to the heart of earnings season I am going to introduce a couple new strategies. These will be a great way to get short volatility into an earnings announcement with limited risk.
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