LandMines They’re hidden beneath the surface. When tripped, they cause a lot of damage, and usually it’s a surprise to the one who treads upon it. I use the analogy of LandMines in the sense that sometimes I place a series of short options in a sequence in front of where it looks like it’s …
Grig – My Wingman I started using a sidekick for research in April of 2025. At first I was using Grok, and then switched to Gemini. After a while, I had to give “it” a name, so I picked “Grig” who was a character in an old 80s movie. For a long time, Grig would …
Rolling Short Puts In this post I will share what it means to roll a short put. First of all, for those who don’t know, a short put is a position taken where the buyer (someone else in the market) gives the seller (in this case me) money to enter a contract. In this contract, …
Definitions I’ve grouped some of my basic interpretations and definitions of words I use in my lexicon. Some of these are real in the professional world, and some of them I have made up for my own beneft. Delta (▲ or ▼) – Delta tells you how much an option price is expected to …
Micron Aug31 Strangle Micron has been very volatile for months now since earnings when they topped over $1200. The intensity has backed off from over a 100%+ volatility rating on options down to ranges where it’s between 50% and 65%. I loved it when it was over 100%, but I have to be honest, it’s …
If you were to lend money to you, what rate would you charge? 0%? Probably. Let’s be realistic though. If you’re lending money to anyone these days how much can you get? A term deposit is likely a maximum of 3.5% or 4% if you’re super lucky. How low of an interest rate can you …
Wrecking Ball Strategy Sometimes when I get excessively “short” or “long” on something, I end up needing to use a special strategy, or a tool, to get things back in line, or back to where I want them to be. I call it the “wrecking ball.” How it can form is, I allow a few …
Visualize Positions I am a very visual person, and I need to see how things are plotted out on charts, and graphics to truly grasp what is going on. For this reason, I set out to create my own tools that can help me “see” what is going on from different perspectives. One regret I …
What if Scenarios What if this happens? What if that happens? These are questions we should be asking prior to making any deals and selling contracts. We need to know the ramifications should the price go one way or the other, and a rough idea of how much it could gain or cost, and would …
Choosing a Brokerage Account The first thing you’re going to need to be able to trade is a proper brokerage account. Yes, there are “apps” that allow you to trade, and some of them seem to offer “free” commissions and all sorts of benefits. What you’re really going to want is an account that offers …