Overview: I’m away from home this week so today we’ll go with the short form weekend commentary with charts and some brief comments. The full commentary will be back next weekend. The relentless rally in RUT caused us to close the April trade this week at around the max loss. Even though we don’t like taking […]
Big Picture: Quick Note: The March CIB was closed this week and the April trade was opened. You can read a review of the March trade here and/or follow the daily updates for the April trade here. I’m updating the live page on a daily basis with video and written comments. —————————– In the markets and trading, […]
Overview: The March 2016 CIB was closed on February 24, 2016 for around the target gain ($407 Gross, $248 Net, or a roughly 2% return on the sample account). The position was publicly tracked on a daily basis with live video, written comments, and a tracking spreadsheet. In other words, I’m not sugar coating the outcome, […]
The March trade was closed on 2/24/2016 for a 2.04% net gain on total capital. The Live Trade Page for the March trade is located here. Overview: This post tracks the progress of the April 2016 CIB Trade and is updated daily. As always, the information is being presented for educational purposes only and this […]
Big Picture: Quick reminder . . . I’ve been uploading video every day to the Live Trade Page that covers technical analysis for the Russell 2000 and the March CIB options trade. This has been a challenging cycle and there is a lot to learn about adjustments and managing the position in those videos. Check […]
The first two months of 2016 have been challenging for many non-directional options traders. In January the markets steadily sold off while this February we’ve seen large percentage moves both higher and lower. When the market makes big moves it’s easy to get caught up in our emotions and say things like the market has gone “too […]