One of the biggest challenges for a beginner options trader is handling the barrage of information coming before you every single day. How do you decide what to pay attention to and what to ignore? Are you able to apply the discipline needed to insure that you are spending your […]

An important part of my trading strategy is frequent evaluation of my current positions. It is only through examining “what IS” that allows me to prepare for “what MAY BE.” It is this forward thinking that prepares me for opportunity, thereby creating my “luck.” An example is in order. I […]

One of the big benefits of the education provided by OptionsANIMAL is the “community” found there. Before I discovered OptionsANIMAL, I felt isolated with only my books and the internet as my key resources. OptionsANIMAL is a huge community of like-minded traders from all over the world who share the […]

On Friday, July 2, 2010, the S&P 50 MA crossed below the 200 MA. Investopedia explains this phenomenon, “…as long-term indicators carry more weight, this trend indicates a bear market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new resistance level […]

Hopefully you had a wonderful long weekend, but now it’s back to work! So, we just concluded one of the WORST quarters (if you’re a bull, otherwise, strike that – reverse it…) in stock market history. The follow-on? More of the same? Perhaps. However, the last three days of trading […]

A fellow trader sent me this question. Folks new to options trading can easily be confused when they open a cash secured short put in their account. (These are allowed in retirement accounts.) Knowing what kind of impact these have on your overall bottom line in your portfolio is important […]

Greg Jensen CEO and Founder of OptionsANIMAL was recently interviewed by MarketHeist.com.  This is a candid interview shedding light on who Greg is as a trader, what his trading philosophies are, and who can become a consistent trader. Video courtesy www.marketheist.com Options Trading Resources trading education * options trading school […]

Fed Day’s are always exciting times for traders. These are scheduled events when the Federal Open Market Committee emerges from their meeting and gives the world their perspective of the USA’s Economic health, as well as any Interest Rate changes. This will be the fourth such meeting this year, of […]

Technical traders understand that we just came back from the brink…again. The broadest measure of our market, the S&P500, dipped as low as 1040 twice in the last couple of months and held those levels. This index is now above its 200 day moving average, a widely followed and critical […]

“Market in Confirmed Uptrend!” How do you know? Investor’s Business Daily’s Market Pulse says so! But, Elliott Wave International claims that we are on the precipice of the really, really, really BIG wave 3 of 3 of 3 DOWN to new lows, even lower than March 2009! I’m citing these […]