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 […]


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 […]


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” […]


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 […]


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 […]


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 […]


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 […]


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 […]


AAPL Earnings Trades

Read the full article → January 26, 2014

Here I am, thinking out loud (again) about a few different earnings plays for AAPL. I feel the best thing to do is pick a directions, limit risk, and go for it. I’m taking the Bear side for Monday. You’ll find the video here or over there. ► Happy Trading ◄Jeff►


Bear Week

Read the full article → January 24, 2014

Well, it’s about 2:20 pm and there’s still over an hour left before the market closes. Right now, the S&P’s are at 1792, down -32 for the day and about -43 for the week. Is this the correction everyone has been talking about? I had only one Credit Spread this week, on AAPL and it […]