At 56, Paul Tudor Jones is a self made billionaire with a net worth of 3.3 billion and is ranked as the 336th richest person in the world, he knows exactly how to trade the biggest money for the biggest returns. One of Jones’ earliest and major successes was anticipating […]
Paul Tudor Jones Speaks:Are You Listening? Read More »
What were the greatest trades of all time? Who made them? Here is a list of the who, what, when, where, and how of the greatest trades that were ever made. While the risk management of executing many of these trades is not what many traders would want, we can see many of these
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Traders should never underestimate the role that stress plays in trading. Most will succeed or fail based on their ability to handle stress, rather than how many winning or losing trades they have, or even how good their methods are. It is possible for a trader to win consistently and still not be able to win in
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The following excerpt is taken from my book Show me Your Options co authored with Christopher Ebert the “Option Scientist”. (The following chat is set inside a facebook group in 2011, Apple has appreciated greatly since this book was published). Income Investor: I heard you were the group’s resident guru on stock options. I sell
What is an Inverse Covered Call (The answer may surprise you) Read More »
The current pace of change in the world is at the highest velocity it has ever been. It use to take decades to build companies now it takes years. Apple can go from the verge of bankruptcy to the largest company by market cap in about a decade. General Motors can
Monster Stocks For a Changing World: My Top Five Picks Read More »
Options are great tools in the hands of knowledgeable traders but options are also dangerous in the hands of a gambler. Option contracts can be used to manage risk or expose your account to excessive risk that can lead to ruin. They can be used to put the odds in your favor or
Ten Great Things About Stock Options Read More »
I am holding two long picks going into Monday morning $AAPL and $MLNX. While both of the stocks are in very strong bases they are very near to all time highs and have the potential to pop up and run if the market price action stays healthy. This is the
My Two Long Picks Right Now Read More »
Here are principles from Dana Glante from the Stock Market Wizards book by Jack Schwager on how she made double digit returns year after year from her short only trading strategies even in bull markets. Steve Watson in the same book contributed the last one. RED FLAGS: High receivables (large outstanding billings for goods and
How To Short Stocks like a Market Wizard:10 Red Flags Read More »
Option delta is represented as the velocity of a price change in an option, given a 1 point move in the underlying asset and is usually displayed as a decimal value. Delta values range between 0 and 1 for call options and -1 to 0 for put options. The delta
Option Delta: How Options Move Read More »
I believe a surprisingly dangerous way to play options are to sell covered calls. This may sound strange to most option traders as it is the most safe convenient ways to use options for long term holdings. Many Individual Retirement Accounts (IRAs) will even allow participants to write covered calls on their stock holdings.
A Dangerous Way to Use Options Read More »