In this article, we'll break down each of the major Greeks, explain what they measure, and show you how they affect your ...

Steve Chen focuses on the delta and theta decay when setting up bear calls spreads. He sticks to delta rates between 0.16 to 0.20 to collect premium and mitigate risk. He also keeps his contracts ...

Steve Chen was options trading covered calls and LEAPS options in neutral and bullish markets. This year, he pivoted to bear call spreads because the market became bullish. It allows him to earn ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Michael is a former senior editor of investing and trading products for ...

An option is a contract that allows the buyer to buy or sell shares of stock at an agreed-upon price. Investors can get outsized returns by using options instead of simply owning stocks. Be forewarned ...