Stock Market Options Trading

I learned a lot from this great discussion with Brian Terry CFP. Brian shared his conservative covered call strategy where he is selling in the money calls on stocks using weekly options with the intent of getting called away every week. I've known Brian for a couple years now and I know he leans on the conservative side of trading and he thinks this strategy is great for conservative traders in retirement. It's an interesting twist on strategy used to create additional income. Brian runs a Facebook group dedicated to this strategy.Here's the link: https://www.facebook.com/groups/742852742909259You can also find him on Meetup.com where he runs a monthly Zoom meeting where he and others share various options strategies that are working. Here's the link: https://www.meetup.com/Centra-Florida-Options-Group/Thanks for listening.J. Eric O'RourkeOptionsTrading.help/Services

Index Options ExplainedTo receive the free Index Options Mini Course, go to https://OptionsTrading.help/IndexOptions and I'll send you the 7 part video series to get your trading profitably on your own in as little as 1 week. The 7 part video series includes a weekly options strategy for SPX showing you exactly how to put this trade on every week. It also includes a 5 year performance look back so that you fully understand what to expect when trading this profitable strategy. As mentioned in this episode, the 3 main reasons to consider trading index options over stocks or ETF options are because they are cash settled, there is no assignment risk and therefore no early assignment risk, and preferential tax treatment so that you can keep more of your profits when the tax man comes. Thanks for listening and I'll talk to you soon. J. Eric O'Rourkehttps://OptionsTrading.Help/Services

Which option should I buy?Thanks for listenting to this week's Stock Market Otpions Trading podcast comparing the results of buying different Delta call options on AAPL the past 5 years.To recap the optons trading strategy that was used, we backtested buying a call option with about 30 days to expiration when AAPL crossed back above its 21ema and closed the trade afetr 14 calendar days.By taking the same trade entry and trade exit, it allowed us to compare the results of choosing different strike call options from deep in the money, at the money, and out of the money.Here's the link to my Patreon article for podcast supporters to see snd compare the results including win rate, total returns, and P&L curve.https://bit.ly/3g0bpL5Becoming a Podcast Supporter is only $5 per month and gets you access to trading research with the ability to discuss trading one on one with myself or in the comments with hundreds of other traders. There are also options for trade alerts if you are interested.Thanks for listenting and I'll talk to you soon. J. Eric O'Rourkehttps://www.patreon.com/VerticalSpreadOptionsTrading

Thanks for listening to this week's Stock Market Options Trading podcast about using Bollinger Bands as an entry signal when the RUT crosses above the upper band. Here's the link the Patreon article for podcast supporters to see more details around the 4 different credit spreads discussed in the episode. (You may need to copy then paste into your browser) https://bit.ly/2WX6W5s Becoming a Podcast Supporter is only $5 per month and gets you access to trading research with the ability to discuss trading one on one with myself or in the comments with hundreds of other traders. There are also options for trade alerts if you are interested. Thanks for listening and I'll talk to you soon. J. Eric O'Rourke https://www.patreon.com/VerticalSpreadOptionsTrading

Thanks for listening to this week's episode of investing in work from home stocks. The COVID-19 pandemic is accelerating the remote work theme as more and more people are choosing to stay home if they can. As we discussed, working from home also gives benfit to the company in the form of less overhead costs such as rent and increased talent pool for finding better workers who may not live in the same geographical area as the office. Here's the link to the Direxion website for more information regarding the WFH ETF which holds 40 stocks in 4 sectors: https://www.direxion.com/product/direxion-work-from-home-etfIf you're interested in supporting the Podcast or YouTube channel, please visit:https://www.patreon.com/VerticalSpreadOptionsTrading for trading education and services. Thank you. J. Eric O'Rourke https://www.patreon.com/VerticalSpreadOptionsTrading

http://robintrack.net pulls price and popularity numbers for stocks from Robinhood's API and displays it in a sentiment style graph for free. This free website is a great idea in terms of data sharing but definitely has some drawbacks that I discuss in this episode.Thanks for listening.J. Eric O'Rourkehttps://www.patreon.com/VerticalSpreadOptionsTrading#robinhood 

Discover the secrets of trading weekly options on SPY and SPX indexes. The hosts dive into strategies that enhance profitability, investigating the impact of a moving average filter. They analyze performance over three years, revealing insights about optimal trading days and win rates. Surprisingly, trading without the filter on Wednesdays yielded the best results. Tune in for a blend of strategy and analytics that could elevate your trading game!

I'm sharing a 3 year study in this episode around trading weekly options on SPY and SPX. There are 3 expirations per week. Monday, Wednesday, and Friday and I wanted to see if there was a difference in performance if you were to sell put credit spreads with 7 days to expiration on each of those days? So I backtested selling 7DTE spreads on each of those days going back 3 years from late May 2020 to find out. You may be surprised which day of the week outperformed the other two. I used eDeltaPro to do the backtesting. Here's the link for those who are interested in backtesting on their own: http://bit.ly/2QmEHKI Consider becoming a $5 Podcast Supporter to view the performance results of the study discussed in this podcast. Sometimes it's easier to understand if you can see the results so I'm providing these resources to supporters of the show. Here's the link: https://bit.ly/2ZJWcJG Podcast supporters enjoy access to other studies, research, and training videos over on Patreon.Thanks for listening. J. Eric O'Rourke https://www.patreon.com/VerticalSpreadOptionsTrading

Al Losada, founder of Simple Option Strategies, dives deep into SPX options trading. He shares clear techniques for setting up credit spreads on expiration day, emphasizing timing over volatility. The discussion shifts to managing risks and optimizing returns while navigating complex market dynamics. Al also reflects on a challenging leveraged ETF investment, underscoring the importance of technical analysis and patience. Finally, he highlights the significance of community in trading, fostering collaboration for shared success.

Al Losada, an expert in SPX options trading and founder of Simple Option Strategies, shares his journey into the world of options. He discusses the influential book, 'Profiting with Iron Condor Options,' which shaped his trading approach. The conversation dives into mastering SPX trading tactics, emphasizing risk management and understanding options decay. Al also touches on the challenges of trading weekly options, highlighting the importance of timing and strategy, especially during critical market events.