by Dave Lukas | Sep 30, 2020 | Editorial
Many times when traders first start out in the markets, they only buy options on stocks they are familiar with. If you were to ask what stocks were traded, AAPL, TSLA, NFLX or any prime time news station stock would come up first. And what has always boggled my mind...
by Dave Lukas | Sep 28, 2020 | Editorial
Many option traders are just taking bets on volatility when they are buying calls and puts. It’s a common mistake that many traders make when buying options for directional trading, but these strategies just get eaten alive by time decay, or theta and implied...
by Dave Lukas | Sep 26, 2020 | Uncategorized
Sometimes when you can’t find a stock to trade you cycle through your usual suspects… And then you probably end up placing trades even if you don’t have an edge Unfortunately, that’s not trading… but instead gambling! So how do I make sure to stay away from gambling...
by Dave Lukas | Sep 24, 2020 | Editorial
It has been quite the month… markets have pulled back nearly 10% from their highs and now we are filled with growing uncertainty about what’s to come in the upcoming few months. And this is all happening when it felt like the market was walking on eggshells as...
by Dave Lukas | Sep 23, 2020 | Editorial
Becoming a professional trader overnight is highly unlikely. It takes hard work, studying, trading, and practicing good risk management before you can get an edge to actually profit in the markets. But if you’re like me, you have very little time for your...
