Steve Chen focuses on the delta and theta decay when setting up bear calls spreads. He sticks to delta rates between 0.16 to 0.20 to collect premium and mitigate risk. He also keeps his contracts ...

Options greeks are a group of variables that affect option positions. They are typically referred to as delta, gamma, theta, vega, and Rho in the options market. These variables indicate how changes ...

Learn the fundamentals of options, how spreads work, and the key risks that traders rely on. Discover the essentials to ...

Steve Chen was options trading covered calls and LEAPS options in neutral and bullish markets. This year, he pivoted to bear call spreads because the market became bullish. It allows him to earn ...

The combination of greater accessibility, better education and highly unpredictable markets makes options an essential part ...