January 17, 2020

How to Define and Manage Risk in an Iron Condor

We presently have an iron condor signal on in Tesla Inc. (Ticker: TSLA).

Click the video below as we discuss our current signal, define and manage the risk and apply them in our trading methodology.

Follow me on Twitter @CboeSib

about the author:

Scott Bauer

A respected market commentator seen on Bloomberg, Fox Business, CNBC and other major financial networks, Scott Bauer has 30+ years of professional equity and index options experience at the Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange (CME) and as a Vice-President/trader for Goldman Sachs. Scott graduated with Honors from the University of Illinois Business School and has taught classes both at his alma mater and at the CBOE.

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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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https://www.prospertrading.com/six-ways-to-put-synthetic-trading-into-action/Six Ways To Put Synthetic Trading Into Action
March 1, 2026

Six Ways To Put Synthetic Trading Into Action

Have you ever heard of synthetic trading? In a nutshell, it’s a unique trading strategy, where traders use combinations of options contracts—and sometimes the underlying stock—to replicate the risk/reward profile of another position. The type of position a trader might try to replicate could include owning stock, shorting stock, or holding a single call or […]

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March 1, 2026

War, What is it Good For?

Edwin Starr made this song famous back in 1970 and we are about to see how it may impact global markets in the coming weeks. This past week, financial and tech stocks were hit hard by a handful of persistent investor worries on Friday, with U.S. stocks suffering their largest monthly percentage declines in a […]

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https://www.prospertrading.com/the-texas-hedge-how-scotts-example-trade-showed-86-result/The Texas Hedge: How Scott’s Example Trade Showed 86%* Result
February 27, 2026

The Texas Hedge: How Scott’s Example Trade Showed 86%* Result

Have you ever heard of something called the Texas Hedge? It’s a term that will probably be unfamiliar to most beginner, or more casual traders. In a nutshell, the Texas Hedge is a high-risk—and speculative—trading strategy where a trader doubles down on a position instead of hedging against risk. They often do this by adding […]

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