Making money even when Im wrong, only in options world is that a thing. Non directional trades try to capture premium from both bull and bear sides be on a range or sideways trend. Here I discuss managing non directional trades as time passes and future price moves reveal themselves. Eventually, this non directional trade became directional. But thats my...
Conceptual view of how to trade non directional or semi directionally using strangles and capped strangles, also known as Jade Lizard option spreads. Non directional option trades attempt to benefit from sideways markets or markets where options are are pricing more implied movement than is realized in the underlying asset. Combing a vertical on top with a...
Unless you've been buried under a rock somewhere, you'll know that we've experienced a big, broad market move from the late December "Dump Everything, Including the Kitchen Sink" lows at SPY 234 to where we finished Friday. If you were bullish assumption directional in virtually any broad market instrument or exchange-traded fund at or near those late...