All Star Options Articles

Was the trading action over the past seven days just the pause that refreshes this bull market?

Today sure felt that way.

A lot of high-beta positions in the ASO portfolio bounced hard — some even printed new highs since we entered...

Where do you resist growth?

Where does change scare you?

Why?

If all we lived were consistently comfortable lives, we wouldn’t grow. It’s the challenges—the obstacles, the pain, the failures—that mold us. It’s the resistance...

Getting Away (But Not All the Way)

Tonight, I’m heading out on a trip with my son back to my hometown. After I drop him off with family—so he can spend a fun-filled week with his...

This week has sucked. And it's only Tuesday!

There’s really no other way to say it. While the S&P 500 and Nasdaq have continued to print fresh all-time highs, day after day, my open positions have been quietly—and not so...

I’ve never really liked the term “trading.”

It sounds cheap. Fleeting. Like we’re all just passing little chips back and forth across the table, hoping we guess right. There’s no sense of purpose or direction in it. No long game. No value...

Quick note before we get into this week’s Jam Session:

Yes, volatility mean-reverts. But don’t get caught assuming that just because $VIX is printing multi-month lows, it must spike soon. That kind of thinking can get you chopped up....

The S&P 500 is the greatest trend-following strategy ever invented.

Seriously.

Think about it. All it does, year after year, is kick out the losers and add the winners. It’s systematic. Cold. Unemotional. And this is...

We’re in a bull market.

Opportunities are flying at us from all directions—strong breakouts, explosive moves, momentum everywhere you look.

And yet… many of us feel like we’re missing out.

Like we should have caught that one...

I got a call last night from my friend...

I’ve been thinking a lot lately about the role self-compassion plays in trading.

Most traders I know—including myself—are pretty damn good at beating ourselves up. We hold ourselves to impossible standards. We expect precision,...

Trying new things is hard.

It doesn’t matter if it’s a new trading strategy, a new instrument—like moving from stocks to options or options to futures—or a new way of doing research… newness brings discomfort. It’s awkward. You don’t know what...

I’ve said this before, and I’ll say it again: I never really know which trades are going to be my biggest winners.

Sure, sometimes I get a setup that checks all the boxes:

• Price action looks great
• volume confirms
• ...

I took profits today in a Bull Call Spread on Robinhood ($HOOD). The trade was working, the options didn’t expire until January, and price action was moving in my favor… so why close it now?

Let me walk you through it.

I put the trade on...