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Options premiums are still pretty elevated across the landscape and the default mode for me when looking for trades to put on is still to prefer selling premium to express any directional bets.

However, JC put some bullish metals ideas in my...

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As long as it continues to pay, being delta-neutral short in this environment feels like the right move for me. We've already had some of our May positions hit our profit targets. But there is still meat on the bone for more short premium plays into...

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The song remains the same. Picking directions in this market is a crapshoot. The way I explained it to a non-trader friend of mine was like this:

Imagine lighting firecrackers with extremely short wicks. Fun and exhilarating when the payoff...

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With $VIX still holding above 50 and picking a direction is a crapshoot here, I'm still on the hunt for delta-neutral premium selling opportunities.

The way I do it is I scan the most liquid ETFs out there and rank them by volatility. And then...

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Options premiums remain elevated in this market. This continues to put me on the hunt for premium selling strategies in the most liquid ETFs.

One of the ETFs showing the highest volatility appears to be starting to settle into a range. And we...

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As markets start to (relatively) calm down, trading opportunities with clearly defined risk management levels are once again starting to reveal themselves.

One such opportunity is presenting right now in the semi-conductors space.

...

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If you're worried, scared, uncertain, unhappy, on tilt --- or all of the above, depending on the hour -- it's ok to do nothing.

Cash is a position.

Cash is comfort. Cash is control. Cash is Safety.

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There are a lot people openly talking about the potential for the stock market to close while this coronavirus pandemic plays out.

This is a valid concern.

Naturally, the question becomes: "What happens to any open options positions I...

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I'll start by saying: this is no ordinary week. But you knew that.

If you are sitting on the sidelines, waiting for all this craziness to subside, that is not a bad idea at all. There is no reason to put our money at risk if we can't get a...

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Risk management has to be our number one focus right now. This is no time to be lazy, hoping, or praying.

Yes, if you're willing to wade in carefully, there can be some great opportunities for premium selling. But even then, we still have to...

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Yesterday, $VIX printed the highest level we've seen since the financial crisis in 2008. That's a twelve year high.

It exceeded the "government shutdown" spike of 2011, the Chinese stock market scare of 2015, the 2016 election fear mongering,...

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Things are whippy out there. And volatility is elevated to levels we haven't seen in quite a while. This is no time to be a hero. This is the time to focus on edges and putting them to your advantage.

I know it's sexy to be a buyer of calls if...

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As March gets under way, it’s time to review positions with March options that remain open (haven’t already hit profit targets or been stopped out).

Wild couple of weeks, but that doesn't mean we deviate from our plans!

Most trades I...

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The current market calamity is certainly not sparing many of our long or delta neutral positions. The good news for us is the majority of them have defined risk.

At the open this morning, many of our positions traded through our stop-out...

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Careful what you wish for?

Options premium sellers profess a deep and undying love for elevated volatility. But when they get it, are they willing to act? Sometimes when you're in it -- like right now -- it can feel very scary. The urge to sit...

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Cool your jets.

Some of you are in the BUY THE DIP camp and champing at the bit to make a heroically timed buy here. Others are in the APOCALYPSE camp and are eager to "short-the-world!"

What if both sides are wrong?

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