Swing Trades Using Options

Sideways Moves: 

#6. The Short Straddle

The Short Straddle options strategy will profit when a stock, ETF, or Future stays within the expected range or a trader has a Market Neutral Assumption. The Short Straddle is a very profitable strategy but it is also an unlimited risk strategy.  That is why it is imperative for any trader (new or veteran) to watch this video.  You will understand you to quickly spot when, where, and why this can be the best strategy for the given market conditions but more importantly how to avoid mistakes!

Knowing how to spot the correct market conditions for the Short Straddle option strategy is going to be what makes a successful trade or what could be a very costly mistake.  I will spend as much time as it takes to make sure you understand the when, where, and why we would choose the Short Straddle, over any other option strategy, and how to exit successfully. Join Eric "The Wolfman" Wilkinson, former Chicago Board of Trade floor trader and 25 years professional trader, as he will show you how to spot the best time to trade a Short Straddle.

About Eric "The Wolfman" Wilkinson

Eric Wilkinson is a veteran floor trader and has been trading financial futures, commodities, stocks, stock indices and options on a variety of products for over 25 years.

You may recognize Eric from CNBC and Fox Business News where he has done commentary.

http://www.protraderstrategies.com/about-us/252-2/eric-the-wolfman-wilkinson/

He has been sought out by several media outlets to debate against some of the brightest minds in the industry, where he debates on topics ranging from economics, geopolitics and market directions.

He is most notable for his comments in Rick Santelli’s “Rant Heard Around the World” where he was the first to use the phrase “moral hazard” in connection with the Feds actions surrounding the financial crises of 2008.

Mr. Wilkinson is a professional Trader and he is also an educator with ProTraderStrategies.com. He began his trading career while earning his Finance degree at Ball State University. After graduating, he moved to Chicago to work on the floor of the Chicago Board of Trade where he honed his skills as a trader.

If you are a new trader or have several years of experience and would like to be mentored by Mr. Wilkinson, you can join him for his online classes and webinars by going to ProTraderStrategies.com. He can also be found on twitter @wolfmansblog for his snarky comments.

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