Hi All, Just a quick note to let you know that I made an adjustment to the December Bearish Butterfly Thursday afternoon. I rolled the 800 put butterflies to 820 put butterflies because the 800 butterflies exceeded our Delta/Theta ratio limits. Have a great weekend everyone! John Click here to learn more about all […]
Day Trader Education
Weekly Market and Trade Update for October 28, 2012
Click here to learn more about all our strategies, including Bearish Butterfly and M3 strategies! And check out these great videos! http://optionstribe.com/2012/01/recording-an-improved-version-of-the-bearish-butterfly-trade-john-locke http://optionstribe.com/2012/03/recording-simulated-march-bearish-butterfly-review-john-locke http://www.smbtraining.com/blog/yesterdays-option-tribe-meetingm3-trading-strategy-by-john-locke http://www.smbtraining.com/blog/yesterdays-option-tribemay-and-june-bearish-butterfly-strategies http://optionstribe.com/2012/01/recording-butterfly-trading-with-deep-itm-calls-to-control-deltas-forrest-anderson http://optionstribe.com/2012/07/recording-m3-trading-system-john-locke/
October 22, 2012 Trade Update
Hi All, I exited the November M3 position today. Due to the late entry this month and low IV levels, we had a reduced profit target of $2500. We also had an “unfortunate event” during entry where we lost $600. Therefor the corrected profit target on the position this month was $1900. The end result […]
October 21, 2012 Weekly Trade and Market Update
Check out these great videos! http://optionstribe.com/2012/03/recording-simulated-march-bearish-butterfly-review-john-locke http://www.smbtraining.com/blog/yesterdays-option-tribe-meetingm3-trading-strategy-by-john-locke http://www.smbtraining.com/blog/yesterdays-option-tribemay-and-june-bearish-butterfly-strategies http://optionstribe.com/2012/01/recording-butterfly-trading-with-deep-itm-calls-to-control-deltas-forrest-anderson http://optionstribe.com/2012/07/recording-m3-trading-system-john-locke/ Learn to trade the M3 and Bearish Butterflies! http://www.smbtraining.com/overview/bearish-butterfly
Weekly Market and Position Update for October 14, 2012
Click here to learn more about all our strategies, including Bearish Butterfly and M3 strategies!
October was another great month, on to November! 10-7-12 Market Update
Click here to learn more about all our strategies, including Bearish Butterfly and M3 strategies!