Definitely one of the more volatile weeks that I can remember in quite some time. I took Friday off, for the most part, and judging the price action it looks as though it was an option expiration Friday. I had some sell orders for October call spreads waiting but never did get filled on any [...]

I’ll be presenting at the Trader’s Expo this November in Las Vegas and hope that you’ll be able to attend the event. I’ll be talking about the importance of matching your trading strategy with your personality. If you’ve ever been curious about the relevance or impact of your personality on your trading then you’ll want [...]

For the last 40 days the S&P has traded in a tight range of about 8%. If you look at the performance of Q3 the broader index lost a little over -14%. As a premium seller this range and increase in volatility has been nice. What’s not nice is that each and every day it [...]

There is a certain amount of failure we need to experience for psychological growth. This level of failure varies from person to person depending on several factors, such as drive, of each individual. Too much failure can overwhelm individuals, too much success, on the other hand, tends to make individuals resistant to change. Why in [...]

Fugly week for the bulls as Wednesday was the shot across the bow day when the $SPX cut through with ease many moving averages I watch including the 20 SMA and the 13 EMA. Thursday broke the uptrend support and had the most volume since early August confirming Wednesday’s breach. Bulls definitely have their work [...]