RUT High Risk Adjustment

by Jeff on October 28, 2014

On 10/22/14, I opened an OCT5 1130/1140 Bear Call Credit Spread. Since that time is has spent each day inching closer to my short strike at 1130. Today it zoomed past it in a big way. Seeing momentum to the up side and calculating that the FOMC meeting minutes tomorrow will have a positive effect […]

{ 0 comments }

19 Very Surprising Facts About The Messed Up State Of The U.S. Economy

Read the full article → October 22, 2014

I stumbled upon this in The Economic Collapse Blog. Thought you all might be interested… x #1 After accounting for inflation, median household income in the United States is 8 percent lower than it was when the last recession started in 2007. #2 The number of part-time workers in America has increased by 54 percent […]

0 comments

From my Inbox: Using Multiple Time Frames

Read the full article → June 22, 2014

Got this email just today and it got me to thinking. Heck, it even inspired me to make a video on a sunny afternoon while listening to the Kinks! The video link. Here’s his email: Hi Jeff How are you doing? I watch your video with my morning cup of tea every day. I have a […]

8 comments

5-10 Iron Condor Redux

Read the full article → June 15, 2014

Back to the well again. I haven’t forgotten about this year old strategy that I have not used. I know, shame on me. But now I have a real reason to re-visit this and apply it to a taxable account. I have a relative’s taxable account that I have been wanting to trade options in […]

14 comments

From My Inbox – Is Trading Pro Worth It?

Read the full article → May 17, 2014

I received this email the other day from Joey. I’ll let his questions speak for themselves.   Hello Jeff, I am a subscriber on your YouTube Channel as well as follower of your blog. I am deciding to follow your recommendation in reference to the Trading as a Business Course (now called “Trading Pro System” […]

0 comments

From My Inbox – 20 vs 50 Delta

Read the full article → May 10, 2014

Another good question via email that I wanted to share the answer with all of you… Hi Jeff, Following your Option Guru Credit Spread System 2.0 from Sunday, January 26, 2014 and your daily scans and had a question on how you are determining the 20 versus 50 delta trade? I’m sure I’ll have more […]

2 comments

From My Inbox – CSSv2™ Entry

Read the full article → May 3, 2014

Hi Jeff, Thanks for sharing your system with everyone. I had a question about its’ entry. Do you only enter the trade at days end and in the morning? Or, if you’re waiting a second day for MACD to turn do you enter when it turns or continue to wait until the end of the […]

0 comments

Anatomy of Assignment

Read the full article → March 2, 2014

It was around Noon on Monday, February 10th, when COST indicated a CSSv2 Bear Call entry. I sold 4 FEB4 113/114 Call Spreads for $.45. The next day, Tuesday, February 11th, the stock opened up and continued to moved higher during the day. I noticed it, but I wanted to stay in the trade since […]

4 comments

Let’s Talk Time Decay (theta)

Read the full article → February 9, 2014

Theta is the amount of dollars an option contract will gain (positive theta) or lose (negative theta) in a day, provided the price of the underlying doesn’t move, or at that particular point in time. Does that mean its not good to have negative theta? No, it doesn’t – but it depends on what your […]

0 comments

The System is Here!

Read the full article → January 26, 2014

Finally, after all the bloviating and hoopla, the complete system is here! It’s yours and it’s FREE! The Option Guru’s Credit Spread System v2.0 (from here on known as CSSv2™) is for all to use. Follow my trades as I use this system daily – well, at least if there is an entry signal. There […]

24 comments