April 29, 2020

An Explanation About ThinkOrSwim’s Risk Analysis Tool

We discuss tirelessly about risk during the trading day.  Risk is not something to avoid, but manage.  Some risk management is pretty straightforward like when dealing with vertical spreads.  Other types of spreads, like calendar spreads require a bit more work and a few more tools.  

Click the video below as I walk us through a real-life example of how we define risk.

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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.

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February 15, 2026

Why Option Premiums Rise Before Binary Events

Ever wonder why option premiums rise before binary events in the stock market? It’s not uncommon for option prices to spike ahead of major announcements like: For context, I like to describe option premium as the difference between the contract’s price and intrinsic value. It’s essentially what buyers pay for the “hope” that an option […]

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February 6, 2026

The Delta Greek: How To Measure Option Premium

When the markets move, the Delta Greek can be one of the most valuable metrics to options traders. There’s a particular correlation between the Delta Greek and options premium that can help traders find out how much the price of an option is expected to change. From my personal experience, I believe this pattern can […]

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January 21, 2026

Could Penny Stocks Be The Big Play In 2026?

Written By: Howard Greenberg As everyday traders put their trading plans into action for 2026, penny stocks might not be on many of their radars. It’s totally understandable why penny stocks may not appeal to the more calculated seasoned traders. Their reputations for susceptibility to manipulation, extreme volatility, and low liquidity make them way too […]

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April 1, 2026

3 Charts Day Traders Should Follow

In this current market, I believe day traders should ask themselves three important questions: The answers won’t jump out at you…and in conditions like these, finding them is no easy task. In my years of experience, I’ve learned that day traders should try leveraging every possible resource at their disposal. While risk management and a […]

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https://www.prospertrading.com/how-this-wishlist-strategy-can-help-trade-your-favorite-stocks/How This Wishlist Strategy Can Help Trade Your Favorite Stocks
March 30, 2026

How This Wishlist Strategy Can Help Trade Your Favorite Stocks

What if there was a “Wishlist Strategy” that can help trade options for your favorite stocks at a discount? On today’s MarketMinds episode, Scott Bauer revealed a way to consider putting a strategy just like this into action. He explains how it works, the ways this strategy can potentially avoid adding risk, and the huge […]

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March 29, 2026

3 Clean Energy Stocks To Consider Watching

On February 28, 2026, the energy world changed overnight when U.S. and Israeli forces launched coordinated strikes on Iran. Strait Of Hormuz (Circled Red) – Google Maps The conflict triggered an immediate crisis in the Strait of Hormuz — the narrow Persian Gulf chokepoint, where roughly 20% of the world’s daily crude oil flows. The […]

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