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    October 14, 2019

    What the Heck Is A Broken Wing Butterfly?

    A broken wing butterfly (BWF) is a common option strategy we utilize in both of our options rooms here at Prosper Trading Academy.  It is a directional (usually debit) signal that can be more cost-effective than a straight vertical while at the same time not introducing the risk of blowing through all of your strikes and […]

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    October 13, 2019

    Looking Forward to the Week Ahead! PHASE ONE, EARNINGS, BREXIT……

    Hi everyone –   We finished the week strong as President Trump announced a “PHASE ONE” agreement with China.  However the last hour of the trading day on Friday seemed more like a “Buy the rumor, sell the news event” as the Dow closed almost 200 points lower and the S&P’s closed 20 points lower […]

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    October 13, 2019

    A Look into Option Open Interest and Volume

    Open interest is a concept that is unique to options.  Volume is a parallel concept to stocks.  First, what are they?  Second, why should an options trader care about them? Open interest is the number of active contracts. It is a metric that can be tracked or displayed on most options trading platforms, like bid […]

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    October 13, 2019

    Helping You Understand Option Gamma

    An option’s gamma is a measure of the rate of change of its delta. The gamma of an option reflects the change in the delta in response to a one-point movement of the underlying stock price. Like the delta, the gamma is not a static measure.  It is constantly changing, even with tiny movements of the […]

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    October 11, 2019

    Get Into the Zone, Prosper Short-Term Option Zone

    Here’s a sneak peek of one of the industry’s most reputable, hands-on trading programs with Mike Shorr. Grab a free day pass to one of our live signal trading rooms today>>http://bit.ly/nl-free-pass

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    October 10, 2019

    Scott Bauer Sits Down and Spends Some Time With TD Ameritrade Network’s Oliver Renick

    Prosper Trading Academy’s CEO Scott Bauer takes some time out of his busy trading day to discuss the current market climate.  Grab a free day pass to one of our live signal trading rooms today>>http://bit.ly/nl-free-pass

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    October 10, 2019

    You Should Sit Down and Trade With Patrick Hammond

    Here’s a sneak peek of one of the industry’s most reputable, hands-on trading programs with Patrick Hammond. Grab a free day pass to one of our live signal trading rooms today>>http://bit.ly/fb-free-pass

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    October 10, 2019

    ZScaler Is Worth A Look

    This cloud-based security company that saw strong momentum to the upside during the 2nd and 3rd quarters gave back all of their gains during the 4th quarter. July 26th, 2019 ZS put in a 52 week high of 89.54. It then traded as low as 46.04 on 9/11/19, only to extend that down side range […]

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    October 9, 2019

    What is Option Put-Call Parity?

    Put–call parity defines a relationship between the price of a European call option and European put option, both with the identical strike price and expiry, namely that a portfolio of a long call option and a short put option is equivalent to (and hence has the same value as) a single forward contract at this strike price and expiry. This is […]

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    October 8, 2019

    The Construction of a Broken Wing Butterfly

    Many traders shy away from trading options because for many reasons.  The two main ones I have encountered are either they are too complicated or there is too much risk or a combination of both.   The risk part is simply just not true.  If used properly, options afford traders MORE control of their risk and […]

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