I have been a professional trader for over 30 years and have a fascination for all things trading. I have studied hundreds of trading systems and models and what I have learned firsthand is that there are 6 key elements that had to be in place regardless of the trading system or trading methodology one… [Read More]
Enhance Your Covered LEAPS Strategy with Options Delta
As an option approaches expiration the time value decay starts to accelerate, and on expiration day there is no time value left. During this period of accelerating time decay the option spread can be affected by what is known as the Delta Effect.