Smooth Sailing With Options

SmoothSailing#13

I’ve been doing this options thing a long time, and I’ve had my failures. But I’m a firm believer in the method and so I want to share a failure with you and how it ended up. Back in December 2020 I started selling puts on DIS. (Left…
Smooth Sailing With Options

SmoothSailing#12

(This blog is now obsolete, as VXX has been “delisted” by Barclays. However there are other inverse etns out there such as UVIX that would work with this method. -January 2021) Ok this goes against my normal preaching, (always selling,…
Smooth Sailing With Options

SmoothSailing#11

Now that IWM has three expirations per week, the question is, do we make more money by selling two or three day contracts twice a week or one, one week contract? Once again, in my endless pursuit of options trading excellence, I have spent…
Smooth Sailing With Options

SmoothSailing#10

When you sell an option on Friday for the next Friday, you're looking for seven days of time value in your premium. But when/where does the time value for the two days of the weekend go? Are they discounted by Monday or on Monday? Since I didn't…