From the desk of Steve Strazza @Sstrazza

We held our April Monthly Strategy Session last week. Premium Members can click here to review the recording and download...

What Happens on Expiration Day when I'm holding long options?

I’ve gotten some questions recently about what happens to an open options position if we’re still in it when the contracts expire. 

Caveat: I will rarely hold an options...

I promise this isn’t a “Go-Have-a-Baby” post that talks about how the greatest thing a human can do is procreate.

I’ve recently come to somewhat believe that. But I won’t be that guy here.

My friend Michael Nauss (...

Are you noticing?

Energy stocks continue to push up against new highs.

The Integrated names, Oil Services, the Explorers &...

As sophisticated as public markets can be, they often have little quirks.

Everyone's heard about the McRib indicator: The S&P 500 has a higher daily return when the McRib is available at McDonald's than when it's not available.

Or...

For this week's trade, we're selling an $XLI May 97/105 Strangle for approximately $2.85 net credit. This means we're naked short both the 97 puts and the 105 calls.

Get the full details, risk management procedures and targets for this trade...

Demystifying the world of cryptocurrencies can be a taunting task.

Even before you dive into the emerging world of defi, web 3.0, and NFTs, what seems like the relatively simple Bitcoin network has a hidden underworld of complexity and nuance...

Volatility is not done with us yet. It ain't going down without a fight! At the time I'm writing this, $VIX is +15% on the day and +31% since Monday's close.

This has me back on the hunt for some premium selling opportunities.

And an...

Where do you find your trading headspace?

How do you get to a place where you can immerse yourself in “the Zone” to think deeply about trades, strategies, strategizing, or new ways to approach risk management?

For me, far and away the...

Today we sit down and chat with Professional Trader Kimmy Sokoloff.

I'm lucky to have known Kimmy for well over a decade, and we hit it off from the start.

Kimmy went through the CMT program in the 90s. And funny enough, volunteered...

This is just too perfect.

Straight from the Monopoly Rule Book, written 90 years ago.

...