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Mike And His Whiteboard

New to options trading? Have no fear, Mike and his whiteboard are here! Learn trading concepts and mechanics in a visual way.

May 20, 2016
Mike takes a step back from strategies & concepts and hones in on his dough portfolio indicators. He breaks down the reasoning behind everything he looks at, which gives him a holistic view of his portfolio!
May 19, 2016
Managing winners at 50% profit is our staple when it comes to selling premium, but there are a few strategies that make more sense to manage at a lower level. Mike walks through what to think about when making your decision to manage at 25% or 50%.
May 17, 2016
A covered put is a neutral to bearish strategy that is essentially the opposite of a covered call. Tune in to learn what the strategy is, what can happen with stock price movement, and what tastytrade looks for before placing the strategy!
May 16, 2016
We may know that we're bullish, but it may not be clear what strategy is best for us! Today Mike walks through a poor man's covered call & compares it to a standard long call vertical spread. He'll give you the similarities & differences between the two!
May 13, 2016
Expiration is next week for standard option cycles, so Mike wants to ensure you know everything you need to know! Mike discusses European vs. American style expiration, AM vs PM settled, and a few weird expirations that don't end on Friday!
May 10, 2016
Mike looks at legging into trades, explains why we don't, but offers one particular scenario where we might. Tune in to learn what that scenario is!

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