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Monday - Friday | 1:00 - 1:30p CT

From Theory To Practice

Dr. Schultz (an academic and trader) explains theoretical trading concepts and practical application to take your trading to the next level.

Highlighting Duration Over Direction
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Jul 23, 2021

Adjustments fall into two camps - rolling the untested side or rolling out in time. Sometimes at tastytrade, one makes more sense than the other.

Isolating the Impact of IV Expansion into Earnings
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Jul 22, 2021

With X having earnings in seven days, we have a unique opportunity to isolate the impact that IV expansion will have on our position.

Managing Our Butterfly Hedge in NFLX
Jul 21, 2021

With the move lower in NFLX, our Butterfly hedge at tastytrade is helping to offset the losses in our Short Put Spread.

How to Hedge an Earnings Trade
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Jul 20, 2021

tastytrade shows you how to hedge a directional earnings bet with a weekly Butterfly Spread.

The Gimmes and Gotchas of IV Expansion
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Jul 19, 2021

When IV expands, it impacts our potential new trades and our current positions very differently at tastytrade.

Closing Out ITM Iron Condors on Expiration Day
Jul 16, 2021
With an ITM Iron Condor on expiration day at tastytrade, you only have to close out the tested side, and you might have to pay up a bit on that close.
Core Strategies: Iron Condors & Iron Flys (Performance)
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Jul 14, 2021

Wider Iron Condors might have more risk on a per contract basis, but over time they tend to have lower volatility than more narrow Iron Condors.

Two Benefits of High IVR
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Jul 13, 2021

Join Dr. Jim as he digs into why higher IVR gives you wider break-even points and less risk in your positions.

Directional Straddles
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Jul 12, 2021

Normally when we use Straddles at tastytrade, they are neutral strategies without a directional bias, but this does not have to be the case.

What Determines the Price of ATM Vertical Spread
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Jul 9, 2021

With ATM Verticals that are usually 50-50 shots, the price doesn’t tend to line up with 50% of the width of the spread - here’s why.

Diagonals in High-Priced Stocks
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Jul 8, 2021

Diagonal Spreads rarely set up for high-priced stocks, as the cost of the strategy is often far too great relative to its profit potential.

Core Strategies: Iron Condor Volatility
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Jul 7, 2021

Volatility isn’t just for finding opportunities on order entry. If you’re not careful, it can drag down your returns over time.

Managing a Tested Straddle
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Jul 6, 2021

Since one side of a Straddle is always “tested,” the adjustment protocols are a lot less black and white.

Defending a Short Put
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Jul 2, 2021

Short Puts are easily one of our favorite strategies at tastytrade - here’s how to defend one that goes against you.

Why OTM Premium is Better than ITM Premium
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Jul 1, 2021

OTM premium on order entry gives us so many more ways to win at tastytrade than ITM premium on order entry.

Core Strategies Iron Condors & Iron Flies
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Jun 30, 2021

While certainly no match for their undefined-risk counterparts (Short Strangles), Iron Condors have performed reasonably well over the years at tastytrade.

Selling an ITM Put
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Jun 29, 2021

The power of short premium is so strong at tastytrade, that even slightly in-the-money positions on order entry have POPs greater than 50%.

Rolling Each Side of An Iron Condor
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Jun 28, 2021

A tested Iron Condor will always have a debit side and a credit side with any forward roll. Here’s how to best position yourself to roll for a net credit.

Post Earnings Announcement Drift
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Jun 25, 2021

Many years ago, academic finance discovered a phenomenon known as “post earnings announcement drift” - a strategy we use today for NKE.

Managing Strategies With Upcoming Earnings
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Jun 24, 2021

When earnings are right in the middle of your expiration cycle, you have to adjust your timeline for strategy management. Here’s how we do it at tastytrade.

Core Strategies: Iron Condor Theta
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Jun 23, 2021

Different tastytrade strategies will possess different levels of theta, and the theta these strategies possess will move and react quite differently from one strategy to the next.

Preparing for 21 DTE
Jun 22, 2021

With 21 DTE right around the corner at tastytrade, we have a few positions that are in wait-and-see mode, while some others will require more active oversight.

A Roadmap to Adjusting Ratio Spreads
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Jun 21, 2021

The Ratio Spread might be the most flexible strategy that we use at tastytrade, but that flexibility invites a lot more “gray area” with how we make adjustments.

High-Priced Stocks Hold Extrinsic Value Longer
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Jun 18, 2021

Higher-Priced stocks tend to hold extrinsic value longer, and we see a perfect example of that today with our AMZN position.

Anticipating Roll Prices
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Jun 17, 2021
Here’s what to expect when you roll an undefined-risk or defined-risk position at tastytrade.

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