How to Use Delta to Pick the Right Option
What is option delta? Learn how this key Greek shows how much a call or put should move with...
Founder, The Opportunistic Trader
Larry Benedict is a 40-year trading veteran. Starting from the pits at the Chicago Board Options Exchange (CBOE), Larry grew his skills until he was running a world-class $900 million hedge fund – where he regularly traded position sizes in the millions of dollars. He even went 20 years without a single losing year… putting his hedge fund in the top 1% of Barron’s rankings.
That’s because, from 1990 through 2010, Larry’s hedge fund never had a single losing year. (It wasn’t until 2011 that he had a losing year, and even then, the fund was down less than 1%.) In 2008, when the financial world was in upheaval, Larry and his partners had their best year ever, making $95 million for their clients.
Now though, Larry fully devotes himself to bringing his trading secrets to everyday investors – with actionable, profitable options plays and other top-level strategies that made him a massive success.
What is option delta? Learn how this key Greek shows how much a call or put should move with...
Treasury yields are pulling back from 24-year highs, and the U.S. Dollar Index (DXY) is forming a double top....
Watching every tick can turn a good trade into a losing one. Here’s how to tune out market noise...
Midterm years are historically the most volatile for stocks. But a little-known pattern that follows has a perfect record...
Our recent XLF call option trade started early but closed for a 15.9% gain. Here’s how defined risk let...
A great entry is only half the trade. Here’s how to manage a live position – from stop losses...
The VIX, or “fear index,” shows what traders expect from the S&P 500 over the next 30 days. Here’s...
Just closed a winning trade? Here’s how overconfidence can lead traders to bend their rules – and why every...
AI stocks face mounting headwinds, but the selloff in memory stocks looks overdone. Here’s why the Roundhill Memory ETF...