The POC (Point Of Control) and VWAP (Volume Weighted Average Price) are two technical indicators used by traders. Many traders use the terms interchangeably, but is it correct to do so? No, it is not correct to equate the two indicators. Both represent where the most trading occurred. The VWAP relates to volume. It is […]
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With all the financial organizations out there, knowing what they all do can be as complicated as knowing where to invest. The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA)—formerly, the National Association of Securities Dealers (NASD)—are two of the most important regulatory bodies in the U.S. financial system, but they have very different scopes and purposes. […]
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Day trading options can be a very rewarding and exciting addition to your trading repertoire. In this video, I explicitly explain how we approach our day trading methodology in the Short Term Options signal room. Follow me on Twitter @MikeShorrCbot
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This morning, Scott Bauer discussed an approach for Apple ($AAPL) earnings, the market volatility, and more with Oliver Renick on TD Ameritrade Network. Grab a free day pass to Scott’s live signal trading room today: http://bit.ly/nlonedaypass
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Now that the markets are experiencing higher levels of volatility, premiums on options have increased quite a bit. Many, in fact, most retail traders cannot simply sell option premium. So, what to do? In the video below, I explain how a smaller trader can take advantage of this higher implied volatility and how we are […]
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Risk. It is a fact of life for a trader. Without risk, there is no reward. Risk is not a bad thing in and of itself. However, you must quantify and manage your risk. In this video, I explain how to identify and manage the risk of a credit spread that is in the money […]
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Yesterday on CME Group’s Striking Options with Jeff Kilburg, Scott Bauer discussed Q1 earnings and the latest moves in small-cap stocks, like the Russell 2000. Don’t forget to follow him on Twitter @CboeSib
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We are all getting geared up for Earnings Season again and are busy honing our skills. Constellation Brands (Ticker: STZ) has offered us a great opportunity to put our skills to work for their quarterly earnings report that will be released tomorrow before the open. Watch this video to learn more about what I am talking […]
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When trading options, position allocation is one of the keys to avoiding undue variance in your trading portfolio. Watch this short video on how to access your risk and allocate accordingly. Follow me on Twitter @MikeShorrCBOT
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The leverage that options afford a trader is one of the cornerstones of the options methodology we employ here in our options rooms at Prosper Academy. Click the video below to see us in action! Follow me on Twitter @MikeShorrCbot
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