After a pretty ugly session today, I tried my darndest to put some spin on the action during today’s webinar. I talked about where things might be going and what we should be concerned about. Given the massive run up in volatility and the heavy selling that ensued today, it seems things are overdone for now. The oscillators are way oversold and there could be a big, stretched-back rally up ahead.
Then I turned to the big topic of this week’s webinar: risk management in options trading. I covered the greeks, how to position yourself so you can manage risk, and risk management strategies I use, such as selling premium. Take a listen to the webinar below to learn more!