Selling cheap uncovered short options strangles that are multiple strikes out of the money may seem like an easy way to make money, because of the supposed likelihood of the trade expiring worthless. But it is a trade with terrible risk reward and may be a lot riskier than would appear from the short strikes location.
The Trading Risk From Selling Short Uncovered Options
November 22, 2013 by Barry Lutz
Filed under: Short Options Risk
Tagged with high momentum stocks, options implied volatility, options trading risk, short options strangle, uncovered short options
Tagged with high momentum stocks, options implied volatility, options trading risk, short options strangle, uncovered short options
Options Trading Pricing Formula Inputs And Outputs
October 29, 2013 by Barry Lutz

Options trading spreadsheet video that discusses the greeks worksheet inputs and outputs, especially with regards to the volatility input and what number to use. There is further discussion on ways that this worksheet can be used for projections and trading decisions.
Filed under: Options Spreadsheet
Tagged with delta, gamma, options greeks, options implied volatility, options pricing formula, options trading spreadsheet, theta, vega
Tagged with delta, gamma, options greeks, options implied volatility, options pricing formula, options trading spreadsheet, theta, vega
Options Trading Spreadsheet Download
October 28, 2013 by Barry Lutz
Filed under: Options Spreadsheet
Tagged with options greeks, options implied volatility, options spreadsheet download, options trading spreadsheet
Tagged with options greeks, options implied volatility, options spreadsheet download, options trading spreadsheet