All Star Options Articles

Please send some grace my way.

I’m in the very early stages of putting together something I’ve wanted for years: a tight-knit group of traders. Not the kind of group that swaps trade ideas, debates setups, or obsesses over the latest...

I've gotten a lot of feedback from yesterday's note. Turns out, there's a lot of Steve Poltz fans amongst you. I had no idea! If you missed yesterday's note, you can read it ...

In trading, we prize rational, mechanical thinking. We try to minimize emotion wherever possible — following systems and rules with robotic discipline to reduce errors and maximize returns.

That works for some.

But is it the ideal?

...

For the most part, I have a process.

I source ideas from my usual places. I scan for my favorite setups. I assess where implied volatility sits to inform what type of options strategy might have an edge. I figure out how much...

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....