Yo Pit Crazies,

There is a whole universe of trade types out there.

Some are simple and some are more complex.

What goes into choosing what sort of trade to make – and when?

Why, in a given situation, trade an Iron Condor, a credit spread or a straddle?

The answer is simple – you trade them for edge, for advantage, for profit.

Now, the second question is how to do that?

I will show you how.

Livin’ on the Edge

The simple definition of edge is finding something cheap on a relative basis.

Mark and I have been bringing floor trader techniques to retail traders for 11 years now. Eleven years!

I can tell you to find an edge, but traders might want to know why.

One great reason: To cheat time.

Any time I can speed up the option decay, I call that accelerated theta.

Any time I can slow down the option decay, I call that arrested theta.

If I am an option seller, I want accelerated theta, and if I buy options I want arrested decay.

That increases the chance of any option trade for success. And I want that since as a retail trader I can pick my entry point.

Trade for edge … close for dough.

Now, if only you could receive those trade entries by merely pressing a button.

Hey, that’s not a bad idea!

Stay tuned …

The Rundown

Nitro Trader

Mark and I closed an Apple Inc. (Ticker: AAPL) put butterfly and an Alphabet Inc. (Ticker: GOOGL) call fly for an average of 20% return on both. Note: one was up and one was down market but both paid

To Your Trading Success,

AG