The Art of Changing | Confessions of a Pragmatic Intellectual's Mind on The Constant in Life, Change!
Managing options trades often requires flexibility. Rolling positions can help minimize losses and extend time for your thesis to play out. Let’s analyze a real-world example using Apple (AAPL). The Situation This roll moved the strikes deeper ITM and extended the expiration by three weeks. Updated Payoff Analysis For the new spread: Important Note:You also…
On June 6, 2025, Tesla Inc. (TSLA) experienced heightened volatility following a public feud between CEO Elon Musk and President Donald Trump. The discord centered around Musk’s criticism of Trump’s “One Big Beautiful Bill,” which proposed cuts to electric vehicle subsidies—a move potentially detrimental to Tesla’s interests. In retaliation, Trump threatened to revoke federal contracts…
IntroductionIn trading, it’s often the losses—not the wins—that make us better. Recently, I entered and managed a series of call option trades on ATRL that initially looked promising, but ultimately led to a loss. The trade itself wasn’t reckless—but a few overlooked details (and some misplaced confidence) turned an opportunity into a hard lesson. Here’s…