Mastering Candlesticks: Hammer Candle

What is it?The Hammer candlestick is a subset of the Spinning Top candlestick, which we covered here. A Hammer candlestick’s body can be either black (red) or white (green) in color and is usually small in stature. The small candlestick body signifies the stock’s opening price, and the closing price of the stock was close […]

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The Good, the Bad, and the Ugly Truth about Options

Most traders have heard stories of how someone used stock options to make 300% or more in a concise amount of time. These stories are common among option traders. However, just as common are the stories about people who bought a stock option and lost everything. The end result is a divided set of opinions […]

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Foundations of Trading: Options [Part 9]

Last week’s blog covered the concept of Time Decay and how it affects your options trades. If you wish to review that blog or any other blogs in this series, please click on the Foundations of Trading blog category on the right-hand side of the page, which will instantly bring up all the blogs from […]

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Foundations of Trading: Options [Part 8]

Welcome back to our current Foundations of Trading Options blog series. Today we will focus on a topic that has been mentioned in more than a few of Chris’ option classes but has yet to be covered in my blogs: Time Decay. However, before we do, as a reminder, if you wish to review any […]

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Foundations of Trading: Options [Part 7]

We are back with our Foundations of Trading Options blog series, and today we will focus on the content Chris presented in class 5. However, before we jump in, please take a look at Chris’ Long Calls Strategy, which he presented in FoT Options Class 3 for when you are bullish on a trade, and […]

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Foundations of Trading: Options [Part 6]

Our Foundations of Trading Options blog series continues today with coverage over class 4. In last week’s blog, we covered a few thoughts from Chris regarding his Long Calls Strategy presented in FoT Options Class 3. In short, this is a strategy you can use when you feel a company’s stock is bullish. However, what […]

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Foundations of Trading: Options [Part 5]

Welcome back to our following Foundations of Trading Options blog. In today’s blog, we will cover a few thoughts from Chris regarding his Long Calls Strategy presented in FoT Options Class 3. However, before we dive into today’s topic, if you need or wish to revisit any part of our current options journey, please click […]

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Foundations of Trading: Options [Part 4]

In our last Foundations of Trading Options blog, we covered the concepts of Intrinsic Value and Time Value and how they function and operate when it comes to trading options. These are essential concepts to understand before we move forward with today’s topic. So, if you have not already, you can review our blog on […]

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Foundations of Trading: Options [Part 3]

In our last Foundations of Trading Options blog, we explained the bid price, ask price, last price, and strike price when it comes to buying and selling options. Today, we are still reviewing class two as we look deeper into the value of an option. The worth of an option can be divided up into […]

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Foundations of Trading: Options [Part 2]

In our last blog,​ we introduced the concept of stock options and how trading them is similar to trading stocks. If you are long on a stock, you will need to use a call option. If you are short on a stock, you will need to use a put option. The main principles are the […]

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