In this week’s episode, sprocket888 is joined by viperxl007. sprocket888 has been researching and learning all about US Treasuries and how they might fit into his portfolio. sprocket888 shares what he has learned so far with viperxl007. He starts with what precisely the US Treasury is and what it does. sprocket hits on all the… Read More »Fixed Income: A New Dimension for your Portfolio.

In this week’s episode, sprocket888 uses an actual trade he has had going for a while on $AMZN to discuss the Covered Call. This type of trade is excellent for learning the art of selling options. This is because the core portion of the trade is owning equity shares, something most individuals are already comfortable… Read More »Covered Call: SUPER Boring, but great for getting started in options.

In this week’s episode, sprocket888 is joined by viperxl007. Recently the SEC has launched a full-scale attack on centralized crypto exchanges (CEXs). This is unsurprising, as they have been telegraphing this since the current commissioner Gary Gensler took over. In this episode, we take some foundational level-setting. The first element to level-set on is ‘What/Who… Read More »It’s the end of crypto as we know it, and WE FEEL fine!

In this week’s episode, sprocket888 is flying solo. He takes this opportunity to talk about the two metrics that direct his portfolio composition. Those two metrics are his portfolio Delta and his portfolio Theta. sprocket888 is a pure premium seller. However, the magnitude and risk that is sold must be controlled. Over the years of… Read More »What makes sprocket888’s portfolio go?

In this week’s episode, sprocket888 and viperxl007 look at a new opportunity to profit from a service. This time viperxl007 is experimenting with running a market-making bot. While this bot is operated in a small niche corner of the crypto space, the same concepts and principles apply in any free market. However, because this market… Read More »If you can be a market-maker, be a market-maker.

In this week’s episode, sprocket888 and viperxl007 look at risk management. Understanding the risk in your portfolio can take a lot of work. There are many different types of asset classes as well as financial products. All this variety can make it hard to compare apples to apples between trading vehicles. Two concepts are discussed… Read More »Risk Management: Know your delta, know your risk.

In this week’s episode, sprocket888 does a solo show and focuses the topic on selling options. This is something that sprocket888 is constantly dropping in Discord about potential option-selling plays. Traders that need to become more familiar with options can find them intimidating and confusing. The best way to correct this is to understand what… Read More »Selling Options: A detailed look at the mechanics

In this week’s episode, sprocket888 and viperxl007 take a look at a way to add a little spice into your option selling life. This type of trade is not recommended for beginners. However, once you have the options basics down and you really understand what is going on with all the mechanics, an earnings trade… Read More »A little option play spice: Selling premium on earnings

In this week’s episode, sprocket888 and viperxl007 talk about a new play that was made this week on $AMZN. While editing last week’s episode, sprocket noticed that the $AMZN trade that was talked about got a bit more tempting. Sprocket entered the trade, so there is a recap of this trade. viper calls out that… Read More »Back to the basics: Covered Call, an options trade with training wheels

In this week’s episode, sprocket888 and viper go back to the basics of option selling of the simple selling of a PUT option. This is one of sprocket’s favorite things to trade. In this episode, we use $AMZN as the example ticket. We examine how selling a PUT can give you a “margin of error”… Read More »Back to the basics: A breakdown of selling a Put.