Keeping your journal up to date shouldn’t be a chore. With Auto-Sync, TraderLog now connects directly to your brokerage so new trades flow in automatically each morning. What is Auto-Sync? Auto-sync is a new feature in TraderLog that allows you…
An options strike price is the set price at which an option allows you to buy (in the case of a call) or sell (in the case of a put) the underlying asset. Whether your option ends up profitably depends…
An option premium is simply the price of an option contract. Think of it as the cost you pay as the buyer when purchasing a call or put option, or the amount you receive as the seller when you sell…
Naked calls are an options strategy used to generate income by collecting premium, allowing you to generate income when you expect the stock price to stay below a certain level. However, naked calls also carry significant risk, including the potential…
If you’ve ever sold an option and watched the underlying stock dance around your price on expiration day, you’ve probably felt that uneasy feeling. Worrying if the stock will move in your favor or if it will move against you…
Cash secured puts can be a powerful strategy to generate income or buy stocks a discounted price. It’s a popular method for traders looking to manage risk while earning regular income in the form of option premium. What Is a…
We’re excited to introduce a new “notes” column to your trading journal, designed to help you document your trading thoughts, strategies, and observations directly within your trade table. This feature allows you to capture valuable context for each trade, making…
Analyzing options trades effectively requires tracking key time-related metrics. Recently, three new columns have been added to TraderLog to help with this: Duration, DTEO (Days Till Expiration on Open), and DTEC (Days Till Expiration on Close). These provide critical data…
Managing risk is a cornerstone of successful trading, particularly when it comes to short options strategies. To enhance your ability to monitor and assess risk, we’ve introduced the Notional Risk metric to the Key Stats section of your dashboard. This…
As an options trader, you know that flexibility can be the key to maximizing returns and managing risk. Closing an entire spread in one trade is standard practice, but there are times when it makes sense to “leg out” —…