Author Archive: Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.

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Options Trading: Get PEPE With This Tech Trade

| April 25, 2018 | 0 Comments
Options Trading: Get PEPE With This Tech Trade

The selling of decent reports continues to be a theme, and the whole market looks on shaky ground. Today’s options trading will try and sidestep these larger issues. I’m going to establish a Pre-Earnings Premium Expansion, or PEPE, trade in Skyworks Solutions (SWKS).    Skyworks develops semiconductor products that go into a wide variety of products from cell […]

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Options Trading: How To Handle Earnings Reports

| April 13, 2018 | 0 Comments
Options Trading: How To Handle Earnings Reports

Earnings season officially kicks off with some of the big banks such as  JP Morgan (JPM)  and Citi set to report this coming Friday morning. This is an important, yet difficult time for options trading. Earnings can be very tricky to trade as there are many moving and unknown parts; will the company miss or […]

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Recession Prediction: Is Volatility A Problem?

| March 30, 2018 | 0 Comments
Recession Prediction: Is Volatility A Problem?

Stock market volatility has increased substantially over the past two months. While large declines during the first week of February and over the past few days have garnered most of the attention, it should be noted that the S&P 500 has spent over 30 of past 40 trading days within 3% of all time highs. […]

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Options Trading: Playing The New Volatility Regime

| February 14, 2018 | 0 Comments
Options Trading: Playing The New Volatility Regime

Whether the stock market correction is over, or if the recent correction signaled the end of a bull market is debatable and will only be determined over time. For options trading, we’re going to have to hedge our bets a little. One thing that does seem to have come to end was the extended period […]

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Options Trading: Do Diagonals Beat Covered Calls?

| February 2, 2018 | 0 Comments
Options Trading: Do Diagonals Beat Covered Calls?

The covered call strategy is one the most popular options trading strategies, especially among investors that don’t consider themselves option traders. It’s a way for owners, especially for buy and hold types, to generate income from the stocks they own while also providing a bit of a hedge for their portfolio. But for those that might […]

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