How to trade a Potential Potash Union Strike
If you’re new here, you may want to subscribe to my RSS feed so you don’t miss anything or Follow me on TwitterPattern Day Trader Rules Hurt
Last week I felt the wrath of being tagged as a “Pattern Day Trader.” Last Tuesday I had a few good trades selling some Potash for some small, but [...]
POT - Don’t Abandon Ship
Some of you may have followed my June 30 trade and advice to get back into POT. And some of you may have gone through some frustration at my advice. I purchased my Calls when POT was at the $227 level. Since June 30, POT has dipped to as low as $197.17. [...]
Why I buy In The Money (ITM) options
During times of high volatility, ITM options are a good way for directional trading. This is because high implied volatility will eventually normalize. When this occurs the at-the-money (ATM) and out-of-the-money (OTM) options are going to lose value.
Deep in-the-money (ITM) options will for the most part be unaffected. This is because deep [...]
