Lee Lowell is editor of Instant Money Trader for The White Cap Research Group and a regular contributor/editor to... Learn More Selling Covered Calls – Getting Cash for Stocks You Already Own
By Lee Lowell, Advisory Panelist, Mt. Vernon Research
Tuesday, December 27, 2005: Issue #270
If you own at least 100 shares of stock, and you’re not selling call options against it, then you are throwing away free money. How’s that?
Well, there are other traders out [...]
Option Credit Spreads: Sell First, Buy Second for 50% Better Odds
By Lee Lowell, Advisory Panelist, Mt. Vernon Research
Thursday, December 15, 2005: Issue #267
Much of my own option trading occurs from the short side. I’m not referring to a bearish directional outlook, but rather a trading strategy that involves the selling of options instead of buying [...]
Out of the Money Options – Buyer Beware, Seller… Take The Money
By Lee Lowell, Advisory Panelist, Mt. Vernon Research
Tuesday, November 1, 2005: Issue #255
About a year and a half into my days as an options market maker on the floor of the New York Mercantile Exchange (NYMEX), I discovered the strategy of selling short-term, out-of-the-money [...]
Fair Value Sheets: Quote, Trade and Hedge… In Less Than 30 Seconds
By Lee Lowell, Advisory Panelist
Tuesday, October 4, 2005: Issue #247
Before becoming an options market-maker on the NYMEX, I never anticipated the initial pain that my legs would feel after having stood in the same spot for five and a half hours a day. That’s [...]
Market Maker Survival: The Options Pit “Caste System” Revealed
By Lee Lowell, Advisory Panelist
Tuesday, September 20, 2005: Issue #243
So you want to know what market maker survival is all about? What it’s like being a market maker? Well, you’ve come to right place… I spent many years as a market maker on the floor of the [...]