Posts by Al Sherbin
Rods & Cones: the dress. Unicorns: they live! The wager.
Just a quick word on managing positions. As a short premium trader, I expect that when the market heads south quickly, I will need to manage my positions aggressively.
I have been droning into a vacuum about the fact that there is not only historical precedence for the market to continue to rise with low IV, but that probabilities actually do not disparage it.
I generally try to keep my blogs both instructive and useable in the short run. Today’s takes a bit longer view of our markets.
You will often hear options educators say “the first rule of trading is to trade liquid products.”
Last Thursday, I had a discussion with Julie Hyman on Bloomberg TV concerning the Fed.
Today, I just want to “banter” a bit about the market. In late January / early February, the market sold off around 6%. Yet coming into today, the market was back knocking on all-time highs.
At the risk of sounding heretical, I would like to take a look at AAPL options today.
Today I will cover two topics. The first is a week late as I covered this last week on CBOE TV with Angie Miles. But, it is a valuable lesson and worth the look.
A word about when to take profits and when to take losses……