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Join Ernie Varitimos, a trading coach with over 40 years of experience, as he simplifies creating asymmetric risk-to-reward options trades on the last day of expiration. Gain the confidence, skills, a... more
FAQs about Zero Days To Expiration:How many episodes does Zero Days To Expiration have?The podcast currently has 134 episodes available.
March 30, 2022Skewness and KurtosisNormal distribution is a theoretical thing that if applied to trading, you wouldn't ever make money because wins would be cancelled by an equal, or normal number and size of losses. You don't want normal, anything but normal, but you do want it skewed in your favor....more9minPlay
March 26, 2022Trouble in 0-DTE CityThere is no such thing as the perfect strategy or situation or relationship. No matter how great it seems in the beginning, there are things that you learn that can take the luster off that new relationship, that perfect job, that powerhouse trading strategy. That is what we will examine in this episode of the Zero Days to Expiration podcast....more23minPlay
March 24, 2022What We Learned After 1 Year with 0-DTEIt's our one year anniversary and boy has the service grown, both in number and in what we have learned by trading the 0-DTE with asymmetrical strategies. Asymmetry has loads of benefits besides a long term mathematical positive outcome. This podcast reviews all the positives and negatives of the journey...wait, I must admit, that even the negatives were positives, because they presented invaluable learning experiences....more28minPlay
March 21, 2022Probability of TouchYou've probably heard of probability of Profit, or PoP. This is the odds that you will end up profitable, by at least 1 penny at expiration. Probability of touch is a bit different, and more real. It is the probability that at some point during the trade you will be in profit, or at least at your desired level. There's a 2X chance of touch, thus, we prefer it....more22minPlay
March 19, 2022How to Find Asymmetric OpportunitiesWhen you trade with asymmetric risk to reward, in other words when the risk is very small compared to the potential reward, you are trading with a positive outcome. So, even when the odds are against you, you can expect an overall positive outcome. This is one of our primary advantages, where most traders simply have no idea....more17minPlay
March 03, 2022Is Time Your Friend or Foe?There has never been a trading strategy with such low anxiety conditions. All due to the amazing risk to reward trades we enter into. And you can get in and get out very quickly with decent profits, or you could decide to hang around until the end of the day for the big kahuna return. Is it worth it?...more32minPlay
March 01, 2022How To Profit with 0-DTEWhen a trader creates an options strategy or any kind of setup, they are thinking what is their ultimate risk to reward, what is the worst case versus the best case. But the reality is that 95% of trades end up somewhere on that spectrum. Isn't that where we should be putting all our efforts?...more20minPlay
February 25, 2022The Case for Day Trading 0-DTEAs a day trader you have lots of options, pun intended. But most of you choose to trade things like forex or futures or even penny stocks. None of them have inherent edges built into them, neither do they have premium and volatility as drivers to leverage price. Options have that, and trading the 0-DTE increases that leverage by orders of magnitude, making it the most effective way to day trade....more29minPlay
February 19, 2022Open Interest and Volume ProfileWe use Volume Profile for all our technical analysis prior to modeling a trade with options, and find that open interest always correlates well with the profile. We use this additional OI information to determine the possible max pain points at expiration. This greatly increases our chances of pinning the trade....more18minPlay
February 15, 2022Liquidity Traps and Max PainLiquidity is the biggest problem these days for the options trader. You enter a trade thinking you have a shot at collecting some rich premium, and then the trade dries up, everyone goes home and takes their ball with them. Using Max Pain we can identify these traps and find places where we can avoid getting skunked....more16minPlay
FAQs about Zero Days To Expiration:How many episodes does Zero Days To Expiration have?The podcast currently has 134 episodes available.