The good people at TradeKing have given me an hour to share a short presentation entitled “The Three P’s of Trading Psychology.” The webinar will be held Tuesday, August 24th at 5pm ET. You can click on the logo below to be taken to the registration page.

In part 1 I discussed the ranges of the $SPX which gives me an idea of what to expect for the coming option cycle. In the opex chart that I used in that analysis I’m only able to see the completed cycles so I need to move to a more traditional price chart for the [...]

Over a series of posts this week I’m going to share some of the process I go through each option cycle to discover where I should be selling $SPX premium. The chart below is where I begin. Each candle represents a complete option cycle and thus I have a range. I start by looking at [...]

That was an ugly week! Option expiration next week and who knows what’s in store other than some manipulation in certain names. Preferably I’d like to see a quick move lower towards the first part of the week to leg into my September spreads. Earnings are all but done until next quarter and the PPI [...]

There is no feeling quite like that of success in trading. To take the time to perform analysis on a name, establish a trading plan and then profit from your hard work is an awesome feeling. Putting a string of winning trades together like that is priceless. However, the chance of overconfidence or believing that [...]