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Dan Harvey

The M3 vs the Road Trip Trade

April 15, 2016 by John Locke 4 Comments

M3 Solve the Puzzle of Income Trading!

The Road Trip Trade (RTT) is essentially a Broken Wing Butterfly (BWB) with a no roll risk off adjustment strategy. This strategy is a part of M3 concept, therefore, it makes it hard to “compare”. So I’ll discuss some common differences in the common understanding of each trade. The M3 is a synthetic BWB strategy […]

Filed Under: John Locke, Written blog post Tagged With: adjustment, adjustment strategy, APM2, bearish butterfly, bearish options strategies, Bearish vs Bullish, broken wing butterfly, Bullish vs Bearish, Capital Discussions, CIB, Dan Harvey, john locke, Kevlar, Locke In Your Success, m21, m3, M3U, Master Class, options, options strategies, Options trading, options trading for beginners, options trading strategies, Rhino, rock, Roll down, Roll up, stock, Stock Market, stock market crash, Stock Market for Beginners, stock options, stock options channel, Stock Options Explained, Stock Options for Beginners, Stock Options Trading for Dummies, Stock Options Trading Strategies, Stock Options Trading Tutorial, strategy, super simple spreads, Weirdor

The Road Trip Trade

January 27, 2016 by John Locke Leave a Comment

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 […]

Filed Under: Dave Thomas, John Wilson, M3, Written blog post Tagged With: $rut, $spx, Aunt Edna, backtesting, broken wing butterfly, Butterfly, Capital Discussions, capital levels, Clark Griswald, Closing all trades, Closing trades, Curtis Allen, Dan Harvey, Dave Thomas, debit spreads, down, entry price, expiration graph, Family Road Trip, flat, live trading, lower long puts, m3, M3U, market price, monthlies, options strategies, Parking Lot Trade, Road Trip, Road Trip Trade, short puts, shorts, Station wagon, stock options, stock options education, T+0, upper long, upper long puts, upside adjustments, Vacation, volatility

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