Four wins, one brutal loss, and a +$1,614.00 week. The real story is what happened at 3:51 PM on Wednesday — a 7-point SPX spike in 60 seconds that turned a manageable drawdown into a -$1,350.00 gut punch. Here is the full minute-by-minute breakdown.
Options trading is one of the most powerful and flexible tools available to modern traders — and one of the most misunderstood. Most retail traders encounter options as a way to make large leveraged bets, but the professionals who trade them consistently use them for the opposite purpose: to collect income by selling premium to others. This guide covers everything a new options trader needs to understand before executing a single trade. ...