Stock and Index Options Trading and Mentoring for Option Traders
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The Market Hates Uncertainty
As I write that little gem it was one of the first things I learned as a market maker. To be more specific what I learned and what I taught was as a market maker you make the paper pay for your uncertainty.
PCLN Earnings Iron Condor
Yesterday, on Bloomberg TV I discussed an iron condor trade on PCLN into earnings. Very rarely to I like playing earnings moves. It can be a mess (see my AMZN trade). But, I thought the IV was cheap and that
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Option Pit has taken a very complex business, options trading, and broken it down in a way that simplifies my chances for success. Dan Stern
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