Trading Mate

Option strategist

What qualifies an option strategist is the strategic mindset used when trading options. When a position is opened, a strategist should always have a series of what-if plans to support his/her strategy, so that he/she knows exactly how to adjust the position as the market moves or, even, in anticipation of a possible market move.

Options are a formidable tool, and these series of notes are full of ideas to help the option trader to become a successful option strategist.

Please note that all the ideas presented in these notes can be tested using the signals from our Portfolio page for direction. But always rememeber that these should only be used for educational purposes and any actual trading decision is sole responsibility of the trader initiating the position.

Options and options trading for everyone

All you need to know about options to become a successful option strategist

Option Strategist – Trade adjustments for calls and puts

Actionable adjustment ideas for calls and puts in any market condition

Option Strategist – Trade adjustments for vertical spreads

Actionable adjustment ideas for vertical spreads in any market condition

Option Strategist – Low risk VXX and VIXY option strategy

Rationale and trade management plan for a strategy to profit from VIX futures contango

Option Strategist – Trade adjustments for butterflies and condors

Actionable adjustment ideas for butterflies and condors in any market condition

All you need to know about volatility

Your guide to fully understand historical and implied volatility

Option Strategist – Monthly income from option strategies

Rationale and trade management plan for monthly income strategies

All you need to know about Elliott Wave Theory

A practical guide to Elliott Wave Theory and how it can be used for trading and risk management