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Too often, traders jump into the options game with little or no understanding of how many options strategies are available to limit their risk and maximize return.

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Brokers also love cheap options because once your account is loaded up with them, they can forget you exist. trading psychology and black swan strategies.When options are relatively cheap, such as in the center of the chart above of Wal-Mart when the Bollinger Bands.

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It seems like every so often in my Group Coaching class, a student will ask me about buying a deep out-of-the money (OTM) options.

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McMILLAN OPTIONS MENTORING. The Option Strategist newsletter.Avoiding Option Trading Traps: What to Look for and Strategies for Success By: Mcmillan, Larry. - Finding -and profiting from - cheap options.

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Options Strategies for When What Goes Up. of course there are various non-option strategies that could be.

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Pre-Earnings Announcement Options. as well as many other interesting options strategies.