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Phil's Stock World, Stock Options Trading & Information

The strategy you have laid out pretty much mirrors much of my trading activity. I also mix in some momentum plays and \"drop dead\" bargains that come across my radar. My YTD trading profit is 63%. Back in March when Phil said \"unless you think the world is coming to an end, then NOW is the time to start taking positions in Buy/Writes with the VIX so high.\" I jumped in with both feet - ( thanks, again Phil)

- Chaps, Nov 11, 2009

AMZN ... thanks Phil; boy did they run a squeeze on everyone there ... made me sweat ... scaling helped! I think AMZN has an 85 handle tomorrow ... maybe lower.

- Cap, Jul 29, 2009

Phil: Once again thanks for those inciteful comments, and the old links to Sage’s portfolio management (I hadn’t read before). I’m an experienced stock trader, but over the last 3 or 4 months have come to appreciate options trading here at PSW, and the consistency of your many premium-selling strategies. It is liberating to have to worry less about getting direction right and being able to generate 5% MONTHLY returns with close to delta-neutral positioning. Much appreciated!

- Neverworkagain , Jul 16, 2009

HOTT / Got great trades with it: Enter 6.75 at open, out at 7.18 (avg) at 10:13 Reentered at 7.00 and out all 7.11 few minutes ago- Was a small play but I collected enoght for next month PSW subscription.

- Spider, Jul 9, 2009

Thanks Phil, I have adjusted my position by getting rid of the IYF puts, and selling the FAZ puts. You have so many of these awesome little tricks in your playbook that it really amazes me. I toally love your analogy by the way: Do you want insurance that you have to pay for, or do you want insurance that pays you?

- Craigzooka, Apr 25, 2009

Phil - FAS - I dont know whether to be happier I averaged down and sold calls or that I got myself out of FAZ the other day…thanks for that help

- BCFla, Apr 15, 2009

Wow, Phil, we pretty much made your levels. Your levels: Dow 7,404, S&P 775, Nas 1,466, NYSE 4,839 and RUT 402 My sceen is showing: Dow 7,404, S&P 777, Nas 1,462, NYSE 4,868 and RUT 404

- Jordan, Mar 17, 2009

Opt, I think the hardest thing is being disciplined enough to trade with you. Atleast now when I see something go in the red I know how much I’m going to loose and that I will profit somewhere else and have enough money left at the end of the day to trade again. Thanks for all your hard work! My stress levels are down 75% and I have even made a small profit in the short time I’ve been here

- Mopar, Feb 9, 2009

Phil: well, often you say, just for FUN, great comment, TXS, closed 2 SKF positions, one with 10 % , the other with 6 % gain,

- RMM, Jan 31, 2009

Praising PSW for enlightenment is a bit akin to praising the Pope for being holy. I've been reading PSW for about two months now and have learned more about investing technique and the world in general than I've learned from the books and seminars I've paid for. Thanks for the enlightenment, the education, the guidance and the truth, which is not a commodity these days, but a virtue in short supply.

- Andy Morris, Jan 15, 2009

Beginner's Guide to Options Trading. Free PDF Guide. Where & when to trade, how to prevent stock or option loss and how to make money!

Welcome to our trading education section. We have created this entire section to help you, our readers, subscribers, and members, become more familiar with trading. We’ve stocked it full of useful links, tools, guides, etc. that we’ve produced or found on the web. The information contain within will help even the most basic beginner, become more familiar with the stock market, options and stock trading, etc. In no time you should be able to take the information found within this section and begin trading and making money. We are always adding and expanding, but if you find a particularly helpful tool or web resource you would like to share, or believe it should belong in this section please feel free to contact us.

Options Beginner’s Guide

Are you brand new to trading stocks or options? Do you not know how or where to purchase a stock or option, or don’t even know what a stock or option really is? Start with our beginner’s guide. It is contains very basic information and steps that will help you become a better trader.

Educational Videos and Podcasts

A series of Educational Broadcasts teaching the basic and advanced stock and options trading.

Educational Walk-Throughs and Guides

Charles Schwab has a nice series for all levels of option trading with nicely detailed articles and examples.
Think or Swim has tons of in-depth articles on their site and you can also go to Option Planet to learn the basics.
OptionsXpress has a nice education section, with Webinars and Workshops available for the general public.
Option House has all sorts of educational articles and videos too.
TradeMonster is also a good source for stock and option trading basics with many downloadable PDF guides.
Another informative site to browse is the Options Industry Council.

Educational Archive

All the educational posts on PhilStockWorld.com, including special posts by Option Sage.

Trading Links

This is a list of all of the sites and services we use everyday. This list is the best of the best. We don’t do any link-sharing here. You’ll only find solid advice, great tools, and fantastic stock and options trading information from these websites and resources.

Trading Glossary

Our trading glossary is coming soon. It contains invaluable information on different terms and sayings in the trading world.

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Phil's Stock World, Stock Options Trading & Information

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