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OptionTiger

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  • Content Count

    88

  • Joined

  • Last visited

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10 Good

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1 Follower

Personal Information

  • First Name
    Hari
  • Last Name
    Swaminathan
  • City
    Washington DC
  • Country
    United States
  • Gender
    Male
  • Occupation
    Options Trading Mentor and Trader
  • Biography
    Options trading has a learning curve. In many ways, it is the most unique market instrument, like none other. I'll be honest - if you're not very very careful with what you do in Options trading, YOU WILL LOSE MONEY. Having said that, if you can get past the first 6 to 12 months and acquire the expertise in a systematic manner, true financial independence awaits. Options are a mathematical and strategic game much like Chess, and no amount of technological advances can make this skill obsolete, because the fundamentals of Options are never going to change. You can trade Options from anywhere in the world, regardless of how old you are. You never have to worry about job security any more because you have a skill that can produce consistent income month after month. But you have some serious work to do before you can get there, and I’m here to help you with this journey. I founded OptionTiger on two principles – I felt retail investors needed a trustworthy source – ̶
  • Interests
    Markets, Options, Strategy,
  • LinkedIn
    hswami

Trading Information

  • Vendor
    Coach
  • Favorite Markets
    SPX, NDX and RUT, VIX, AAPL, GOOG, PCLN, CMG, LNKD
  • Trading Years
    10+
  • Trading Platform
    Thinkorswim
  • Broker
    TD
  1. munde77 started following OptionTiger
  2. OptionTiger started following PnF Method, Tame the Iron Condor, Power of Volume Analysis and and 6 others
  3. OptionTiger
    The Iron Condor has two sides to it – the good and the ugly. It’s one of the most popular Options strategies out there, for good reasons. But when Iron Condors (or Credit spreads more generally) get into trouble, it’s not fun. You give up gains you made in 4 or 5 trades at one time.
  4. OptionTiger
    Volume analysis is often an under-rated indicator. If Volume is normal, it really doesn’t say much. But when you see something out of the ordinary, like very high on a given day, you must conclude that Smart Money is active. And the trick is to judge whether that high Volume was buying or selling volume.
  5. OptionTiger
    As of next week (July 15th specifically, Tesla Motors (TSLA) is finally getting the respect it may deserve. TSLA enters the Nasdaq-100 (NDX Index) on that day, replacing Oracle (ORCL), which moves to the NYSE. TSLA’s market cap is $12B, no chump change. However, critics have arguably not given it the respect many say it deserves. And the stock itself has suddenly burst into the scene, and in the last 3 to 4 months, has been one of the biggest movers in terms of Average True Range (about 8 to 10 points per day). To be clear, TSLA is far from profitability, and general consumer perception places their cars in the “exotic” category, something the company may have worked on intentionally. But the cars are stylish, have serious performance and most importantly, are 100% battery-run. You’ve gotta love that.. As for the stock, this could be a boost since index funds are bound by their charter to add new entrants to their portfolio. Short-term BULLISH… Do you trade TSLA ? Let us know. If you don’t, you should look at the Options. It’s definitely one of the more exciting, tradable Options right now…
  6. OptionTiger
    Great - will check it out
  7. OptionTiger
    If you’re somewhat new to Options, you must have heard about the Option Greeks. In fact, a common rookie mistake with Options traders is that they ignore the importance of the Option Greeks (Truth be told, I’m guilty – I ignored them for almost 6 months). This is easily one of the biggest mistakes a newbie Options trader can do. Let me give you a simple analogy, and perhaps the importance of Option Greeks may hit home.
  8. OptionTiger
    There was an article on Zerohedge yesterday on High Frequency Trading (HFT). Summary of key points - Yesterday’s ISM numbers were supposed to be released at 10 am ET - Some HFT firms apparently got the information 15 milliseconds earlier and executed large orders on the SPY (at 9:59:59.985 am) - Similar activity can be noticed on the ES futures 8 milliseconds prior to 10 am (9:59:59.992 am) Click here to read more, http://www.optiontiger.com/high-frequency-trading/
  9. OptionTiger
    Apparently 401k accounts are not meant for "speculation." But i agree - these strategies could be more risky at times - you can't hedge them appropriately because you don't have all the available strategies.
  10. OptionTiger
    Larry, Steve is right. There is no substitute for practical application and seeing the Greeks in action. The problem with a book is that most of the time, you don't get the practical side of things. I've mentioned this to you before, your best bet is to take up on my earlier post where I gave free access to my cutting-edge course. Take the course on Greeks, and you'll be clear in these concepts. Here it is - https://www.udemy.com/learn-options-trading/?couponCode=TLGreeks. Actually, anyone on this post is welcome to take it. There seems to be a lot of discussions and a lot of confusion on this thread.. Best Hari
  11. OptionTiger
    Larry, with a good trading platform, you can simulate the 3 main parameters for Options - 1) Price movement 2) Changes in Implied Volatility and 3) Passage of time. You can simulate all 3 at the same time as well. On the TOS platform, it'll show you what the Greeks will be for your simulation. In a simplistic sense, this is all you need..
  12. OptionTiger
    Hi ajaxfinancial, Welcome to the forum. I’m enjoying this forum and hoping you'll do the same. Looking forward to great discussions. Hari Swaminathan OptionTiger
  13. OptionTiger
    Hi raga, Welcome to TL- I believe you will gain great trading experience even more while sharing, discussing, and learning from different trading insights here. If in case you need help with Options please feel free to ping me. Hari Swaminathan OptionTiger
  14. OptionTiger
    Hi km24519847, Welcome to TL- I believe you will gain great trading experience even more while sharing, discussing, and learning from different trading insights here. If in case you need help with Options please feel free to ping me. Hari Swaminathan OptionTiger
  15. OptionTiger
    Hi Derivs, How are you? This is a great forum.. Look forward to great discussions. If in case you need help with regard to Options, please feel free to ping me. Hari Swaminathan OptionTiger
  16. OptionTiger
    Hi Izbotte, Welcome to TL - Great discussions can be found here. If in case you need help about Options, please feel free to ping me. Hari Swaminathan OptionTiger
  17. OptionTiger
    Hi phi, Welcome to TL - this is a great forum site. If you need help with Options, you can hit me up with your questions..Looking forward to chatting here. Hari Swaminathan OptionTiger
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