Many traders get into options because of the low cost of entry but there's a smarter way to trade with less money. In this episode, we'll talk through some basic concepts of trading options with as little as $100 to reduce risk and increase probability of profit. Want to connect with your host and other listeners of this podcast?Go to https://StockMarketOptionsTrading.net and join the community for free right now. Want the support the podcast and interested in trading SPX weekly options?Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started. YouTube: https://www.youtube.com/stockmarketoptionstradingTwitter: https://twitter.com/OptionAssassin

Profits taken today from last week based off these key levels in the S&P500 right now. We'll also go over what I'm seeing in the options market that tells me that the upside may be limited over the next week or so. Looking to trade the range for now. This podcast is for informational and educational purposes only. Additional Resources:Call and Put Wall levels provided by SpotGamma.comCheck out Episode 49 of this podcast to learn more. Want to connect with your host and other listeners of this podcast?Go to https://StockMarketOptionsTrading.net and join the community for free right now. Want the support the podcast and interested in trading SPX weekly options?Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started. YouTube: https://www.youtube.com/stockmarketoptionstradingTwitter: https://twitter.com/OptionAssassin

It's a big week for the S&P500 with Consumer Confidence, FOMC rate hike decision and guidance, big tech earnings, and Friday's jobs report. Whew!Weekly Forecast provided by AlphaCrunching.com (use code SPX50 for 50% off your first month)Call and Put Wall levels provided by SpotGamma.comCheck out Episode 49 of this podcast to learn more. Want to connect with your host and other listeners of this podcast?Go to https://StockMarketOptionsTrading.net and join the community for free right now. Want the support the podcast and interested in trading SPX weekly options?Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started. YouTube: https://www.youtube.com/stockmarketoptionstradingTwitter: https://twitter.com/OptionAssassin

Brent Kochuba from SpotGamma.com is back on the show to explain a recent article they posted about getting used to both the VIX being up while the market is up. Most of us think of the VIX as the "fear gauge" but it could also become the "fear of missing out" gauge 2023. This is an extremely valuable educational lesson so be sure to listen to it in its entirety. Here's the link to the article:https://spotgamma.com/get-comfortable-with-vix-up-market-up/SpotGamma Twitter: https://twitter.com/spotgammaWant to connect with your host and other listeners of this podcast?Go to https://StockMarketOptionsTrading.net and join the community for free right now. Want the support the podcast and interested in trading SPX weekly options?Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started. YouTube: https://www.youtube.com/stockmarketoptionstradingTwitter: https://twitter.com/OptionAssassin

Has the market already priced the weaker than expected inflation numbers that keep coming out? With January OpEx upon us and the Core PCE inflation report coming out next week, here's a trade idea I'm considering over the next few days. This is not a recommendation and if the market conditions were to change, I would simply scratch this idea. Want to connect with your host and other listeners of this podcast?Go to https://StockMarketOptionsTrading.net and join the community for free right now. Want the support the podcast and interested in trading SPX weekly options?Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started. YouTube: https://www.youtube.com/stockmarketoptionstradingTwitter: https://twitter.com/OptionAssassin

Quick discussion of key levels in the S&P500 as we head into the CPI report with earnings season kicking off the day after. Want to connect with your host and other listeners of this podcast?Go to https://StockMarketOptionsTrading.net and join the community for free right now. Want the support the podcast and interested in trading SPX weekly options?Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started. YouTube: https://www.youtube.com/stockmarketoptionstradingTwitter: https://twitter.com/OptionAssassin

There are several trading truths that veteran traders have accepted and incorporated into their trading in order to be successful over time. In this episode, we'll talk through 3 of them that beginning traders need to understand and accept if they want to be successful in the stock market. Want to connect with your host and other listeners of this podcast?Go to https://StockMarketOptionsTrading.net and join the community for free right now. Want the support the podcast and interested in trading SPX weekly options?Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started. YouTube: https://www.youtube.com/stockmarketoptionstradingTwitter: https://twitter.com/OptionAssassin

In this episode, we'll discuss when to take profits when trading credit spreads. https://AlphaCrunching.com is the forecast tool mentioned in this episode. Here's the link to the chart with trade details discussed in this episode. https://www.stockmarketoptionstrading.net/posts/29890882Want the latest in trading research and support the podcast at the same time?Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

Want the latest in trading research and support the podcast at the same time?Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started. Summary:Survivorship bias or survival bias is the logical error of concentrating on entities that passed a selection process while overlooking those that did not. This can lead to incorrect conclusions because of incomplete data.In this episode, we'll discuss how this can apply in the financial world as well as the rest of the world. Note: This is not financial advice and I am not a financial advisor. Additional Resources:Stock Market Options Trading Free Community:https://www.stockmarketoptionstrading.net/Stock Market Options Trading YouTube Channel:https://www.youtube.com/c/stockmarketoptionstradingEric O'Rourke Twitter:https://twitter.com/OptionAssassin

Delve into a successful SPX options trading strategy with a 31% year-to-date gain and 63% win rate. Explore challenges of maintaining a 60% win rate, managing losses, and maintaining mental resilience during drawdowns. Reflect on the mental struggles traders face during drawdown periods despite long-term success.