Hello traders! As we often like to say, trading is very simple but not easy.

I promise this will be one of the only Facebook options posts I put up over the next few weeks. However, I wanted to make sure that I pointed out a few interesting tidbits about options on facebook that, maybe, the average retail trader might not have noticed.

Dan's Online Education Series this month was all about helping traders learn to adjust options positions. Adjusting option positions is an essential skill for options traders.

Once in a while, I will get an email from someone saying, "I like your supply and demand strategy but what strategy should I use in trending markets?"

The trifecta of option greeks are delta, theta and vega. But the next most important greek is gamma.

Europe is putting big pressure on the US equity market. In fact the close to close activity looks much more benign I think than the intraday selling.

I am thinking back to a different place, say mid March when the VIX was trading 13.66 this year.

We all know options are derivatives, and their prices are derived from the underlying stock, index, or ETF. But with other factors at work ? implied volatility, time decay, etc. ? how can you know how much an option is going to move with respect to said underlying? Very simple ? check out its delta.

Lack of Job Creation Puts the Ball in the Bear Camp

A lot of struggling traders will try to switch from trading stocks to trading another asset class. They do this because they feel that if they cannot successfully trade stocks, they may have better luck with trading forex, options, or futures. Unfortunately, they find that they can lose just as much money or even more by trading those assets instead of stocks.

There are a lot of parallels we can draw from things we see in our everyday lives and trading. I am writing this article as I am flying over North America on a commercial flight. I looked out the window and was reminded of something that one of my instructors mentioned to me in order to understand price movement better.

So often in the trading world, I hear people talk about where price is likely to turn next, where is the next key supply or demand level, where is the next big market move going to originate from, and so on.