Big Picture: It’s been a couple of interesting weeks from both a market and personal perspective. I’ve been on the road for almost two weeks now and last night I arrived in Tucson, Arizona. After leaving Sun Valley, Idaho my original plan was to head to Austin, but things weren’t coming together when I got […]
Let’s be very clear about something, trading options isn’t easy. My belief is that anyone who is interested in options trading should start small and get a feel for how options trading works. Many traders are drawn to options because they offer leverage and the ability to construct market neutral positions. In other words, you […]
Big Picture: Earlier this week I mentioned that the market was a little too quiet and that I expected an uptick in volatility. By that I meant that Historical or Realized Volatility should rise. However, that statement was not a directional call on the market. Realized Volatility is a function of returns so larger percentage […]
Around this time last week, the Russell 2000 and the S&P 500 were near all time highs and looked like they might push even higher. However, as I noted in Volatility Might Be Flashing A Warning Sign For Stocks, I had some concerns about the strength of the market as it made new highs. Even […]
Overview: Last Monday I closed the March 2015 $RUT Butterfly. I exited the trade a little earlier than I planned partially because I’m in the process of moving and am having a harder time monitoring the markets and my positions. That being said, the trade did okay and, despite some poor market timing on my […]
Changes: Well, it’s Saturday and that means it’s time to dig into some of the changes for the Weekend Commentary. Earlier this week I wrote about the motivation for the changes in What I’ve Learned From Living Wrong so you might want to read that if you haven’t already (or not). The changes I discussed […]