Option Samurai Blog
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A Backtested Approach to Using Bollinger Bands in Options Trading - Part 2
Following the results we showed in the first part of our series on Bollinger bands, let us show you through real-life examples how you can use this indicator to set up profitable trades. We have...
A Historical Look at the Most Successful Options Traders
Reading about how the most successful options traders, like Edward Thorp, with his unmatched 20% annual return over three decades, have interpreted the markets can offer valuable insights to anyone...
Poor Man's Covered Call - A Smart Choice for Neutral to Bullish Investors
Sometimes trading can require a high capital amount, so it is not surprising that the poor man's covered call strategy has collected quite some popularity online. This approach offers a way to use...
What Is (and How to Use) the Batman Option Strategy?
The batman option strategy is basically a marketing name for the combination of two vertical ratio spreads (four legs with two positions each—both short and long) and can be a nice idea to consider...
Playing with Expiration Dates - A Guide to Calendar Spread Options
While most options strategies feature contracts with the same expiration date, calendar spread options let you "play" with the time concept. This strategy - very popular in options and futures...
A Simple Explanation of Extrinsic Value in Options
You often hear that the value of an option tends to decay with time, but why does this happen? To understand the concept, you will need to learn more about the extrinsic value in options. This...
A Few Tips to Deal with Pin Risk Options
With options expiring every week, the possibility that your underlying will be close to the strike price on the day your contracts expire is something you should take into account. These cases are...
10+ Things You Can Do with Samurai On The Go
As we create, test, and release new features, we always make sure they are easily accessible on our mobile site. Whether you're checking out unusual options volumes, evaluating trading strategies,...
The Zebra Option Strategy: A Simple Explainer
The Zebra option strategy simplifies managing directional risk in the market and represents a nice way to replicate stock ownership without heavy investments. Whether you lean bearish with a put...
The Broken Wing Butterfly Option Strategy: Handling Directional Risk
While many strategies in options trading rely on a perfectly symmetrical setup, the broken wing butterfly option strategy introduces a degree of asymmetry to manage directional risk. This method...