September 17, 2019

When Should I Buy A Naked Option Vs A Spread

Here in the Short-Term Options Room we not only day trade options, we do swing trades as well.  A swing trade is a position that is held for multiple trading sessions.  The average holding time for the swing signals in our room is right around five trading sessions.  Obviously, we use single options for our day trades.  Why do we make that distinction?

Click the video below to find out our rationalization on this methodology.

Follow me on Twitter @MikeShorrCBOT

about the author:

Mike Shorr

Since 1994, Michael has been an on-the-floor market maker, Vice-President of Interest Rate Derivatives for Knight Financial Products and Director of Education and Options Instructor at Trading Advantage. He makes the oftentimes complex world of options and trading accessible to the novice and advanced trader alike. Michael has a Bachelor of Science degree in Statistics and Finance from the University of Illinois Champaign-Urbana. He presently is Director, Trader Education at ProsperTradingAcademy.

Read Similar Articles

September 20, 2026

The Week Ahead: RISING PRICES

RISING PRICES The Dow, S&P 500, Nasdaq 100, and Russell 2000 all struggled this week, despite a Thursday rebound and an extremely muted triple witching expiration on Friday. Investors digested a Federal Reserve rate hike, a higher 10-year Treasury yield, renewed Iran-related energy risk, and fresh uncertainty around the AI investment cycle.  Geopolitics remains a major […]

Read Article
https://www.prospertrading.com/scott-bauer-ikbr-091626/The Fed Rate Hike: What Investors Should Know
September 18, 2026

The Fed Rate Hike: What Investors Should Know

Scott Bauer joins the IBKR Podcast to break down what matters most after the Fed’s latest hike, from Warsh’s tone to housing data and the October hike probability.

Read Article
https://www.prospertrading.com/mike-shorr-intc-trade-091726/Mike Shorr’s INTC Calendar Trade on Schwab Network
September 17, 2026

Mike Shorr’s INTC Calendar Trade on Schwab Network

Mike Shorr joined Schwab Network to talk Intel (INTC), structuring a trade around implied volatility that’s still low despite a recent move higher. He walks through the exact level he needs to see reclaimed, his target reward to risk, and what he thinks happens to the market depending on what the Fed decides this afternoon.

Read Article

Read Similar Articles

July 15, 2026

The Fed, Oil, and What Earnings Season Really Means

Scott Bauer joined the IBKR Podcast this week to break down what moved markets last week and what investors need to watch heading into the next stretch of earnings season. From lagging inflation data to big tech CapEx concerns, Scott did not hold back.

Read Article
July 5, 2026

The Week Ahead: Happy 250

The Dow rose more than ​1% to a record closing high on Thursday ahead of the long holiday weekend as a softer-than-expected U.S. ‌jobs report eased worries about interest rate hikes, while another sharp drop in chipmaker stocks weighed on the Nasdaq. The second half of 2026 kicked off this week much the same as […]

Read Article
June 28, 2026

The Week Ahead: Darn Inflation

A renewed sell-off in technology stocks grabbed headlines this week. The Nasdaq index fell 4.5%, closing lower 5 days in a row, led by a large 5.5% decline in the so-called Magnificent 7 mega cap names. Meanwhile, the post IPO exuberance around SpaceX appears to be fading, with shares now down 25% from their peak. […]

Read Article