This webinar series is where we discuss how to create winning options trading strategies that fit your personality, how to modify existing trading systems, and choose alternative adjustments.
We use Roll Baby Roll Trade as an example of designing a trade and discuss the processes with the pros and cons of different trade methods. This one any trader will want in their library to watch again and again. (90 minutes)
Time | Subject |
1:34 | RBR (Roll Baby Roll) Trade on SPX basic trade explained. |
3:29 | Entry criteria for RBR Trade using SPX as the underlying. |
4:19 | Upside adjustment triggers and upside adjustment strategy for the RBR Trade. |
5:19 | Downside adjustment triggers and downside adjustment strategy for the RBR Trade. |
6:00 | What are the strengths and weaknesses going to be in the RBR Trade? |
8:31 | M3U BWB Trade vs. RBR Trade – how do they compare with an upside move? |
14:34 | M3U BWB Trade vs. RBR Trade – how do they compare with an downside move? |
17:20 | M3U BWB Trade vs. RBR Trade – Exit Triggers. |
18:22 | RBR (Roll Baby Roll) Trade on SPX. Trade example using OptionVue. |
24:06 | With such tight Delta rules isn’t it easier to use 10 point strikes instead of 25 point strikes on SPX? |
25:21 | First adjustment to RBR Trade. Downside adjustment where upper puts are rolled down. |
27:22 | Second adjustment to RBR Trade. Upside adjustment where half of upper short puts are rolled back up. |
28:32 | Third adjustment to RBR Trade. Upside adjustment where remaining short puts are rolled up. |
29:12 | Fourth adjustment to RBR Trade. Upside adjustment where short calls are rolled up. |
31:01 | Fifth adjustment to RBR Trade. Upside adjustment where more short calls are rolled up. |
32:53 | Sixth adjustment to RBR Trade. Delta Theta adjustment where entire position is rolled up. |
35:48 | Seventh adjustment to RBR Trade. Downside adjustment where upper short puts are rolled down and upper long calls are also rolled down. |
37:08 | Eighth adjustment to RBR Trade. Negative Delta too high and two short calls are rolled up and three long puts are rolled up to correct position. |
38:12 | Ninth adjustment to RBR Trade. Negative Delta too high, lower part of the trade (Put side) rolled up and one call spread removed to correct Delta. |
41:00 | Tenth adjustment to RBR Trade. Negative Delta too high, Put condor used to move both short puts and long puts higher. |
43:31 | Lets talk about when to get out of a trade. |
49:05 | John Locke gives his conclusions on how to create winning options trading strategies. |
50:30 | Can you discuss the differences between the M3 and M3U? |
1:03:18 | John Locke shows how to handle the upside ‘sea of death’ in a SPX M3 example trade in OptionVue after rolling back the butterflies. |