Weekly Option Expiration Strategy Using SPY ETF

http://theoptionguru.com/blog This video demonstrates, using the OnDemand feature of the TOS platform, how weekly expiration on the SPY ETF can be profitable. The key is using Person Pivots as the entry indicator.

Category:

Howto & Style

Tags:

• option guru
• person pivots
• option spreads
• weekly expiration
• options

[camedeiros100]

Would you mind sharing where we can find the "Training as a Business" course that you mention on your video?

thanks

[jwilly333]

@camedeiros100 The name has changed to Trading Pro System and you can find a link at my blog.

[svenskjimand]

Watch this about three times now. Is the "Trading as a Business" the same site as TradingProSystem?

[jwilly333]

@svenskjimand Yes it it

[jwilly333]

Because of the short life of weekly options, there are no strategies that I know of that can be used for adjustments. I just close the trade if it's not going right or I'm not comfortable with it.

[adrian7610]

thanks so much for this video. I learned a lot.

[DrStock3333]

Thanks Jeff... the Greeks are coming more and more into focus and this video really helped... Keep up the good work

[johto]

Thanks for your videos. Very informative! Been studying options for a couple weeks straight :)

[davecir123]

i wonder if you can do a video on what adjustment you would do if the trade goes the wrong way. would you close it and increase the # of contracts and change the direction of your trade, for ex.?

[davecir123]

great video and i also enjoyed the 'trading as a business' course as well. thank you.