A real trade review: capitulation candles, a sudden morning gap down, a moment of trader greed that created an avoidable error, and the practical recovery steps that saved the trade. This post breaks down the setup, the mistake, and the exact adjustments you can use to protect capital and follow your system. Click here or […]
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Managing Short-Term Call Trades
Short-dated options demand fast, disciplined decision-making. In this live trade debrief, we walk through a real example of adjusting stops, taking partial profits, and why quick risk management matters when time decay can make recovery difficult. If you trade zero- to few-day expirations, these practical rules and mindset shifts will help you protect gains and […]
When Scaling is a Better Entry Strategy
Most traders do the same thing, they wait until the market tags their stop loss — they exit, take the loss, and move on. But what if there was a smarter way? What if a sub optimal entry didn’t have to mean a losing trade? In this breakdown, John Locke walks through a powerful trade […]
Outdated Market Maker Theory Misled Traders
If you’ve been trading options using Greeks like Delta and strategies like iron condors or broken wing butterflies, there’s something critically important you should understand about where these tools came from — and what they were originally designed to do. In this breakdown, options educator John Locke explains the real history behind the Black-Scholes model, […]
Understand Price Moves Using IV Patterns
Implied Volatility (IV) is the market’s expectation of future price movement. Understanding IV gives you an edge: it reveals when institutions are positioning, when retail is likely to panic, and when price movement is about to reverse. This post breaks down IV behavior, shows how it ties to price action, and gives practical steps you […]
Risk Management with Bearish Broken Wing Butterflies
If you trade options and want a practical, repeatable approach to bearish broken wing butterflies, this post walks through my scaling and risk management plan. I focus on negative Delta broken wing butterflies, scaling more conservatively than a standard bearish butterfly to preserve capital and create optionality as price moves. Click here or on the […]
