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options: Archive
What is the VIX Telling Us About the Equity Markets?
by David Borun
The last time the VIX was this high, it was time to buy
CBOEPositive Net Change
options
Spread Trade #8 - The Calendar
by David Borun
Buying or selling a calendar spread is a bet on a divergence between actual and implied volatilities
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Spread Trade #7 - The Collar
by David Borun
In volatile markets, a low-cost collar can protect a stock position
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Spread trade #6 - The Strangle
by David Borun
Just like a Straddle, the Strangle is a bet on movement in the underlying stock and implied volatility
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Spread Trade #5 - The Straddle
by David Borun
Trading calls and puts at the same time is a bet on both actual and implied volatility
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Spread Trade #3 - Iron Butterflies (and #4 - Iron Condors)
by David Borun
We can generally recreate the butterfly and condor spreads at more favorable entry prices by making them "iron"
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Spread Trade #2 -The Condor
by David Borun
Similar to the butterfly, the condor offers a wider range of profit opportunity
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Spread Trade #1 - The Butterfly
by David Borun
Episode #1 in a series about common spreads
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A Call is a Put and a Put is a Call - Even in Spreads
by David Borun
The principles of call-put parity apply to spread trades as well as individual options
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Trading Options on Commodities
by David Borun
It's shaping up to be a wild Summer in commodities. Learn how the options markets work.
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Shorting Beyond Meat? Be Careful...
by David Borun
Both selling the shares and buying puts mean paying hidden costs
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Unusual Options Activity and Implied Volatilities
by David Borun
After a big trade, sometimes the best strategy is write covered calls
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Warrants are Options, Too
by David Borun
Understanding options can shed light on the components of corporate deals that include warrants
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When to Exercise Your Puts
by David Borun
Avoid leaving interest on the table by knowing when puts should be exercised rather than held.
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How Dividends Affect Early Exercise of Calls
by David Borun
Understanding the role of dividends will help you understand when to exercise a call early - and when a short call might be assigned.
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Trading Options on Futures
by David Borun
Futures options are not nearly as complicated as they seem
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Earnings Trades Revisited
by David Borun
Profits from trading short term options around events is all about hedging
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What's the "Right" Level for the VIX?
by David Borun
We saw a few notable spikes in the Volatility index in 2018, but now it's settling back down.
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options
A Strategy for a Nascent Rally and High Volatility
by David Borun
Here's an options-based alternative to going all-in.
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Index Options: Cash-Settled vs. Stock-Settled
by David Borun
With multiple choices for trading index options. Which should you choose?
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Know Your Options - Closing a Trade
by David Borun
David Borun goes over the best methods for closing a trade. Despite how your original thesis was correct, or incorrect.
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