CSSv2™ Studies Update

by Jeff on November 20, 2014

Many of you have noticed that the TOS Chart Studies that I currently use are not the same as the Studies shown in the original video back in January. Congratulations, you are right, and very observant! So, I put together a short video that I hope captures the changes that I’ve made since the launch […]

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RUT High Risk Adjustment

Read the full article → 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 […]

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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 […]

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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 […]

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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 […]

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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” […]

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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 […]

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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 […]

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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 […]

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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 […]

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