Business Cycles

 

SPY Composition

 

MACD Indicator

 https://www.youtube.com/watch?v=Cdaw7Rt53Ns

Options - Iron condor and Butterfly

 

4 Strikes (call  & put combination -- two spreads)

3 Strikes (calls )

4 Strikes (call & put   -- two spreads)

Option with 2 Legs - with different strategies

 

Rules how to become Rich

 

Option Greeks Positive and Negative strategies.

 

Gamma Summary

Gamma measures the rate of change for delta with respect to the underlying asset's price.

All long options have positive gamma and all short options have negative gamma.

The gamma of a position tells us how much a $1.00 move in the underlying will change an option’s delta.

We never hold our trades till expiration to avoid increased gamma risk.

Delta Summary

Positions with positive delta increase in value if the underlying goes up

Positions with negative delta increase in value if the underlying goes down

An option contract with a delta of 0.50 is theoretically equivalent to holding 50 shares of stock

100 shares of stock is theoretically equivalent to an option contract with a 1.00 delta

https://steadyoptions.com/articles/options-greeks/