Blog

How To Defend a Problematic Jade Lizard on XLV
In this post, I want to walk you through an XLV position I opened a little while ago. I’ll show you each step I took — from the initial entry

AMD Jade Lizard Strategy – $177 Profit
In this article, I’ll walk you through a recent trade I executed using the Jade Lizard options strategy on Advanced Micro Devices ($AMD) via the TastyTrade platform. This strategy is

Turning $80 Into $195 With a Calendar Spread Strategy
A calendar spread is a popular options trading strategy involving the simultaneous purchase and sale of options with the same strike price but different expiration dates. This strategy profits from

100% Profit of a Goldman Sachs Calendar Spread
Options trading offers a range of strategies, each suited to different market conditions and objectives. One such strategy, the calendar spread, stands out for its potential to leverage time decay

01/13/25 – Weekly Outlook: SPX & GEX and Options Insights
Despite last week being a shortened trading week due to Thursday’s market closure, it still managed to deliver significant volatility dure to economic news. SPX Below is the SPX daily

Top 20 Trading Psychology Traps and How to Avoid Them
I’ve been involved in options trading since 2006. During this time, I’ve uncovered a ton of cognitive biases in myself and in others as well. Below, I’ve compiled the TOP

0DTE Options Poised for Another Big Year
The U.S. equity options market has been on a five-year hot streak, with 2024’s trading volume shattering last year’s record of just under 10.1 billion contracts, according to the Options

What Happened in 2024 and What’s Ahead in 2025?
When a year comes to an end, I like to pause for a moment, look back, and see where we stand. I always review the yearly charts during this period.

SPX Calendar & Diagonal Case Study
In this case study, I want to share a recent SPX options trade in which I combined Calendar and Diagonal spreads. The idea behind such a hybrid trade is to

IBIT – New Bitcoin ETF with Options
The IBIT Bitcoin ETF has been available since early 2024, and in recent weeks, it has also become optionable. Issued by BlackRock, this exchange-traded fund (ETF) is set to revolutionize

Unlocking the Power of Double Calendar
Double Calendar strategies have gained immense popularity among SPX traders due to their flexibility and potential for high profitability. With NinjaSpread, you can now take your trading skills to the

Understanding GEX Levels in Options Trading
Introduction Gamma Exposure (GEX) has become an increasingly important metric in modern options trading, providing traders with valuable insights into potential market movements and volatility. This article explores how GEX