Dr. James Schultz

Latest Calculated Risk! Is the title click baity enough for you? youtu.be/pwogTJq9GYs?si…

@MintyRugDoctor LG!

@jschultzf3 Chop chop straddle the summer trend 🏖️

The market loves to chop around. It loves to move back and forth, ebb and flow. As a premium seller, this is a great environment for you, and managing winners is one of your most potent strategies to take advantage of the bouncing around. Whether you're targeting 50% of max profit or a time based profit (10% in a day, 20% in 3 days, etc.), managing economically significant winners is a potent strategic arrow in the premium seller's quiver.

@daddyshanec Neutral deltas is one of those things that I personally believe sounds great in theory, but is difficult to execute in practice. You're better off picking either side imo.

@jschultzf3 Wish it would have chopped around the past 45 days or so. Neutral deltas got killed.

@Ashtradesacct Little taco Monday never hurt nobody

@jschultzf3 Not even Tuesday and you got the taco!

Playing Slapzi with the family on Day 1 of vacation. Check out my first hand. Was there ever a doubt? $SPY $QQQ

@Ashtradesacct Total power move.

@jschultzf3 That’s a power move right there.

MY MAN!!

@orgdenu Don't worry, orgdenu. I'll be sure to post my $NVDA earnings play on Wednesday, so you can make some money on the other side!

Day 1 without @jschultzf3 it’s getting very hard to keep this markets up without the good Doctor. 😢hope we can resist.

trading earnings is more difficult without @jschultzf3 walking you down the wrong path

@DrClawTrades @LIZJNYshow Bingo! And the beauty here is recognizing the opportunity to trade volatility independently of price. Nicely done.

@jschultzf3 or @LIZJNYshow Appreciate any thoughts on this play and analysis. #LIZJNY Breakdown on a play I entered last week after the failed $KWEB long call. After exiting, one thing stood out immediately: KWEB’s IV Rank had exploded to 92 on the China/U.S. talk headlines (check the bottom pane in the screenshot). What caught my attention was this: -Price wasn’t really moving, but IV was. -KWEB has been relatively dormant, yet options were suddenly pricing in massive fear/uncertainty. At the same time, price was sitting near a multi-year support zone. So instead of chasing direction, I sold volatility through a put credit spread because I had two things working for me: 1. IV crush — if uncertainty cooled, inflated premium would collapse, 2. Support zone — odds favored KWEB not moving materially lower Here’s the lesson: sometimes the edge isn’t being perfectly right on direction — it’s recognizing when the market is overpricing fear. Funny enough, KWEB actually moved lower… and I still collected >100% of premium today because IV collapsed harder than price moved. I also want to point out the inverse relationship KWEB has with IV. Kweb histroically has not done well in High IV enviornments. It could be recency; but a pretty compelling story. Tags @MomoEdgeAI @tastyliveshow $SPY $QQQ

@bwyatt1 @MarkHutchi52386 She took second place all three rounds!

@MarkHutchi52386 @jschultzf3 And by you I think you mean the intern. She’s pretty good

@MarkHutchi52386 Don't worry. I took last all three rounds 🤦‍♂️

@jschultzf3 I think you have an unfair advantage because you trade options. This has similar characteristics such as speed, pattern recognition, probabilistic thinking, and controlled risk taking ;).

@Tony_BATtista has always had my back, he had me all set up with his terrazzo floor guy when we did the new kitchen

Even on vacation, I will find you 👀

@orgdenu LG!

@jschultzf3 Awesome Doc thank you so much.

During the trading experiment I've been running since January, I've discovered all kinds of teachable moments along the way. I'll be dropping new breadcrumbs along the trail each weekend, with the first one coming next weekend. If you want to follow along, you can do so here: drjim.kit.com/labnotes See you on the inside!

@bwyatt1 Not a trick. Hop on board!

@jschultzf3 Not falling for this again

Latest WDIS episode!

"The most you can lose on a short call is unlimited. It is undefined. There is no maximum to how much you can lose," @jschultzf3 just dropped the latest episode of Where Do I Start, check it out: #optionstrading #learntrading