Patience and discipline are a big part of trading and when you are executing on a strategy, its important to understand that being in cash and not in a particular trade is part of that strategy.Want to connect? Find me on LinkedIn or X:Eric O'Rourke: https://www.linkedin.com/in/jericorourke/Eric O'Rourke: https://twitter.com/OptionAssassinAfter that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next. Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income. Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice. PS:Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course. Here's the link to the SPX Income Masterclass:https://www.stockmarketoptionstrading.net/spaces/4688450

Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course. Here's the link to the SPX Income Masterclass:https://www.stockmarketoptionstrading.net/spaces/4688450In this episode, I discuss something about vertical spreads that options education books typically don't include. We'll explore comparing buying a single call option vs. buying a long call spread aka. bull put spread through the lens of trading strategy. The primary point is that there is a level of consistency with vertical spreads over single options in that the cost of the spread is relatively the same over time whereas the cost of the call can vary due to volatility. This can make it harder to allocate a consistent amount of capital to a strategy. The downside with vertical debit spreads of course is that you gaining consistency but at the cost of capping your upside gains if the market moves heavily in your favor. Want to connect with myself? Find me on LinkedIn or X:Eric O'Rourke: https://www.linkedin.com/in/jericorourke/Eric O'Rourke: https://twitter.com/OptionAssassinAfter that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next. Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income. Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Dive into the strategies for navigating a bearish market with options trading. Explore specific trade ideas to capitalize on recent downturns in the S&P 500, focusing on innovative structures like call credit and put debit spreads. Understand the impact of jobless claims and geopolitical issues on market movements. Gain insights into effective risk management and the importance of thorough market analysis. Get equipped to make informed trading decisions while expressing your market outlook confidently.

Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course. Here's the link to the SPX Income Masterclass:https://www.stockmarketoptionstrading.net/spaces/4688450In this episode, I'll discuss what I think my secret is to staying profitable over time.Want to connect with myself? Find me on LinkedIn or X:Eric O'Rourke: https://www.linkedin.com/in/jericorourke/Eric O'Rourke: https://twitter.com/OptionAssassinAfter that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next. Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income. Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

As the market continues to defy gravity and hit new highs every week it seems, you may be thinking about how you can protect any stocks you may be holding. In this episode, we'll discuss a put spread collar trade which can allow you to get some downside protection while at the same time giving you room for more upside participation. I came across this trade idea on X and brought Jon on the show to walk us through it. Here's Jon's Twitter if you want to check him out: https://twitter.com/optionacejonHere's the Put Spread Collar Post for more details: https://twitter.com/optionacejon/status/1803563695169044503In this example, he shared what a put spread collar on SPY might look like. Want to connect with myself? Find me on LinkedIn or X:Eric O'Rourke: https://www.linkedin.com/in/jericorourke/Eric O'Rourke: https://twitter.com/OptionAssassinAfter that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next. There you will also find the SPX Income Masterclass which will teach mechanical strategies you can trade with this episode in mind. Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income. Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

If you trade the S&P500, then this series is for you. In the S&P500 Navigator series, we'll discuss current market conditions including options positions, major economic events, and AlphaCrunching.com's Triumph Rates for trading short term SPX weekly options. Want to connect with myself? Find me on LinkedIn and X:LinkedIn https://www.linkedin.com/in/jericorourke/X(Twitter): https://twitter.com/OptionAssassinAfter that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next. There you will also find the SPX Income Masterclass which will teach mechanical strategies you can trade with this episode in mind. Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income. Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Caitlin Clark is the NVDA of the WNBA and Cathie Wood is Team USA.In today's episode, we'll go over some similarities between these two powerhouses who both have strong momentum and putting up staggering numbers in their respective domains. But the decision to leave Clark off Team USA for the 2022 Summer Olympics is like cutting your winners short leaving millions of dollars on the table. Want to connect with myself? Find me on LinkedIn:Eric O'Rourke: https://www.linkedin.com/in/jericorourke/After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next. There you will also find the SPX Income Masterclass which will teach mechanical strategies you can trade with this episode in mind. Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income. Alpha Traders Club also posts Conservative Covered Call trades each week for generating weekly and monthly income trading options on high quality stocks and ETFs. Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Delve into the intricacies of trading strategies by analyzing the P/L curve, exploring how it affects emotional and financial experiences. Learn about the significance of factors like winners' size, losers' size, win rates, and consistent loss management in selecting a suitable approach.

Trading content creator Erik Smolinski discusses applying First Principles to options trading, evolution in trading approaches, backtesting, psychology, intraday seasonality, automation in trading systems, and mastering emotions in options trading.

Explore the intriguing world of 1DTE trading, where strategies collide with psychological challenges. Discover the emotional rollercoaster of making trades that last just 24 hours, and how to navigate the pressures of market volatility. Gain insights into maintaining emotional discipline and adhering to strategies when the stakes are high. Plus, learn about practical resources for further developing your trading skills, including community connections and specialized masterclasses.