Rolling Calls
Rolling options is the process of moving from one call strike price and expiration on a specific stock to a different call of a different strike price and expiration on…
Open Interest vs Volume Options
Open interest and the volume traded in options are two different metrics that show the liquidity and trading activity of options contracts at different strike prices and expiration dates. Volume…
Option Strategies Cheat Sheet
Instead of searching for an options play structure every time you come across a potential option trade you want to make you can now simply refer to the below guides…
Buy to Open vs Buy to Close
Buy to open versus buy to close in options trading are very different processes that many stock traders don’t understand. A buy to open order in options trading is when…
Synthetic Share Definition
A synthetic share of a stock is created by buying and selling stock options to simulate an options play that moves the same way that holding shares in the stock…
Jade Lizards Option Strategy
The jade lizard is an option play that is created by opening a bearish vertical spread using call options and adding a put option sold at a strike price lower…
Short Strangle Option Strategy
Option traders who believe the price of an underlying asset will not change significantly in the near future can sell short combinations of options that have different directional biases and…
Delta of a Stock
The delta of a stock is always 1.00 because delta is the variance of movement of a stock versus an option contract. The delta of an option is the magnitude…
Options Explained
Options are traded on contract markets and unlike stocks there is someone short and someone long every option at all times. Options are a zero sum market as there is…
Stock Options Explained
An investment portfolio generally comprises diverse assets like stocks, ETFs, mutual funds, and bonds. Although it offers numerous advantages, investing and trading in options, an additional asset class, is far…
