Listen as Dave Thomas digs into a market neutral income strategy that many successful options traders use, the M3. Consider joining the Locke Options Community where over 300 talented traders hang out to talk about these strategies. Click here to select your level of membership. You can even join for FREE! To be successful you must continually […]
M3
M3 Strategy Raleigh Durham Traders Meetup-01/07/16-Part 1 of 2
Watch as Dave Thomas digs into a market neutral income strategy that many successful options traders use, the M3. Consider joining the Locke Options Community where over 300 talented traders hang out to talk about these strategies. Click here to select your level of membership. You can even join for FREE! To be successful you must […]
Eeny, meeny, miney, mo…
Paper or plastic? Boxers or briefs? Window or aisle? With ice or without? Weekly or monthly? What? If you are an M3 trader you get it. Let’s leave those other ones out and just tackle this one. So, which one to choose to hedge the butterfly in the M3 trade? The original M3 program uses […]
Under Pressure
We’ve had a significantly different market in 2016 than many people are accustomed to trading. Overnight gaps, intraday reversals and huge ATR’s have made it a more challenging trading environment than the previous several years. If you’re accustomed to nice, neat, well-behaved markets, this year has been an eye-opener. Perhaps you’ve had some losses. Perhaps […]
The Road Trip Trade
Clark Griswald (talking about Aunt Edna): She can’t weigh more than 100 pounds. Ellen Griswald: Oh no. You can’t just put her on the roof. Audrey Griswald: Yes, he can! Clark Griswald: You want me to strap her to the hood? She’ll be fine. It’s not as if it’s going to rain or something. Ah…Family Vacation. We […]
The One That Got Away
Snatching defeat from the jaws of victory You know the trade. We’ve all had them. It’s going along wonderfully and then suddenly, without the slightest provocation, it’s a losing trade. Mine was this January. It was probably the most flawless, easiest, most lovely M3 I’ve ever seen. Always profitable, rarely adjusted, it just burbled along making money. […]