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    May 3, 2023

    Options Expiration vs. Exercising Options: Common Misconceptions

    If you have spent any time researching trading schools or trading signal services, you undoubtedly have come across many that claim that buying options is a proposition that loses up to 90% of the time and thus you should always take the other side and sell options.  Sound great right?  Problem is that these claims […]

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    May 6, 2020

    The Important Concept of Expected Value

    Many traders look at their win to loss rate when evaluating their trading.  This is an important concept, if you are right way more than you are wrong, you probably are not going to enjoy much success.  But, many are missing one part of the puzzle, expected value.  Not only IF you are right or […]

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    April 30, 2020

    What Is the Optimal Trade For An Earnings Play?

    There are many types of option strategies available to us for an earnings report. But which one makes the most sense? Click the video below as I explain what these strategies are and step-by-step how to analyze them. Grab a free day pass to one of our live signal trading rooms today>>http://bit.ly/nl-freepass Follow me on […]

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    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 […]

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    April 29, 2020

    How To Execute Conditional and OCO Orders On ThinkOrSwim

    There are many types of option orders, but there are two special ones available on the ThinkOrSwim platform. Click the video below as I explain what these order types are and step-by-step how to execute them. Grab a free day pass to one of our live signal trading rooms today>>http://bit.ly/nl-freepass Follow me on Twitter: @MikeShorrCBOT

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    April 22, 2020

    How To Execute Conditional and OCO Orders On ThinkOrSwim

    There are many types of option orders, but there are two special ones available on the ThinkOrSwim platform. Click the video below as I explain what these order types are and step-by-step how to execute them. Grab a free day pass to one of our live signal trading rooms today>>http://bit.ly/nl-freepass Follow me on Twitter: @MikeShorrCBOT

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    April 13, 2020

    The Important Concept of Expected Value

    Many traders look at their win to loss rate when evaluating their trading.  This is an important concept, if you are right way more than you are wrong, you probably are not going to enjoy much success.  But, many are missing one part of the puzzle, expected value.  Not only IF you are right or […]

    Read Article
    April 6, 2020

    How To Execute Conditional and OCO Orders On ThinkOrSwim

    There are many types of option orders, but there are two special ones available on the ThinkOrSwim platform. Click the video below as I explain what these order types are and step-by-step how to execute them. Grab a free day pass to one of our live signal trading rooms today>>http://bit.ly/nl-freepass Follow me on Twitter: @MikeShorrCBOT […]

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    April 1, 2020

    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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    March 25, 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 […]

    Read Article