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    September 9, 2019

    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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    September 6, 2019

    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. Follow me on Twitter: @MikeShorrCBOT

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    July 22, 2019

    How to Adjust in Markets like These

    Trading in these types of markets is harrowing at the very least. Your approach is not as straightforward as in more orderly markets. Click the video below to see how you have to adjust your thinking in order to keep your risk in check. Follow me on Twitter: @MikeShorrCBOT

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    June 25, 2019

    Can FedEx Deliver On Its Earnings Report?

    FedEx (Ticker: FDX) is certainly a bellwether stock when it comes to earnings.  They report after the close today.  This report is coming on the heels of this report: FedEx (NYSE: FDX) is suing the U.S. Commerce Department, saying the Trump administration’s export restrictions would require the company to “police the contents of the millions […]

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    June 24, 2019

    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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    June 21, 2019

    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. Follow me on Twitter: @MikeShorrCBOT      

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    June 21, 2019

    Is Incyte Corporation Set To Explode?

    We have a very promising bullish technical set up in Incyte Corporation (Ticker: INCY).  It is based on a swing break out formation. Click the video below as I explain the setup and how we used options to further increase our edge. Follow me on Twitter: @MikeShorrCBOT

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    June 19, 2019

    What Did We Learn from the FOMC Meeting Today?

    The long awaited, two-day FOMC meeting ended today with the release of their statement, their forecasts, and the Q&A from Chairman Powell.  What did we learn? The Federal Reserve on Wednesday left its short-term fed funds rate unchanged and said it “will closely monitor” the economy in light of growing “uncertainties.” The so-called dot-plot projections […]

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    June 19, 2019

    Expiration Trading Can Be a Harrowing Experience

    Trading expiring options can be a challenge.  There is a finality to when that bell rings at 3 pm on Friday.  It is either going to become underlying stock or it simply goes away.  It can cause a lot of anxiety for new traders (and perhaps some seasoned ones) if they do not properly assess […]

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    June 11, 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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