The Greek SystemBeing an options trader can sometimes feel like belonging to a fraternity; some gravitate toward the academic minded, some are athletically oriented, and some of us just go all-out An

Jim Otar doesn't much care what you think. As the Canadian financial adviser likes to say in his eastern-Balkan accent, “You can't please everyone. I'm 58 years old. I'm deep in the ‘Gree

Professor Wolfinger, Please correct me if I’m wrong but you never mention the use of a probability calculator (e.g., Monte Carlo Probability Calculator) as a way to get help in choosing the s

Professor Wolfinger, Is it better to buy high-probability iron condors at 0.10 deltas on call and puts for like a $0.20 credit and then just load up on contracts to make the higher monthly income,

Buy Low. Sell High. Sounds pretty easy, but as the man says, “not so much.” In the past few months many, if not all, of you have bought low. Not so hard to do after a monumental crash. No

Yesterday in this column, I mentioned my family was home sick and it was probably just a matter of time until I got it. The good news is, I was right. But that bad news is, I was right: My head feels

Professor Wolfinger, Would you consider a post/overview/narrative on specific delta, gamma, theta, and vega numbers/thoughts you personally consider while managing your RUT portfolio? Minyan Dave

It’s official—almost. Late last week we called a Time Out for Truth, seeking to peek behind the curtain at what makes the market tick and why.On Monday, while pundits discussed traditiona

Editor's Note: This is part 1 of a multi-part series. See part 2 here.A few weeks ago I first used the term “statistical recovery” to describe the nature of today’s economic environ

Doug Noland is 46, but these days, he says he’s feeling a lot older.Who can blame him? It isn’t easy being the manager of a bear market fund when the market has risen as fast and furious