I received this email from a reader this weekend: Reading that post of your friend, my question is: I am a small trader — really small. I have tried Options rooms before but to no success. They either have you buying so many options of companies you’re bound to win some I guess. I really […]
Please allow me to introduce myself. My name is Sean McLaughlin and I’ve been involved in financial markets as a Trader, Exchange Member, blogger, in building social communities, in podcasting, in training, and in sales for 20 years. Some of you may already know me or have engaged with me on Twitter, Medium, or StockTwits […]
I’m going to disappoint the options eggheads with my opinions here, because I’m going on gut feel. I haven’t done any exhaustive research. I haven’t done any volatility skew analysis or 3D modeling. I haven’t reviewed seasonality patterns, or dug deep into open interest imbalances. No, I haven’t done any of that. Simply trusting my […]
[There is an update to this story at the bottom of the post, skip ahead if you’re already read the first part] I caught up with a trading friend of mine in Denver this afternoon to chat about what we’re seeing in the markets these days. After the usual swapping of the usual stories of […]
Just because a stock or an index is choppy and moving sideways doesn’t mean we can’t participate in some profits. There’s opportunity in every situation, especially with options. In a recent research note sent out to his subscribers, my boy J.C. Parets (@allstarcharts) wrote this about the Nasdaq: In the Nasdaq Composite, we’re stuck under this overhead […]
I started trading stocks in 1998 during the great “internet bubble.” 4 years later, I got interested in trading futures, and 3 years after that I started trading options which I’ve been doing primarily ever since. I’m often asked why I trade options these days? And it’s usually obvious the asker is thinking that I’ve […]
[originally published on medium] I’ve been reviewing my journal entries so far this year since I made a strategic decision to shift my options trading in 2018 from short premium & short volatility to long premium & long gamma, and I thought this recent journal entry from January 9th delving into my thought process might be instructional to others […]