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	<title>TheOptionClub.com</title>
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	<link>http://www.theoptionclub.com/blog</link>
	<description>The Business of Trading Options</description>
	<lastBuildDate>Sat, 21 Jan 2012 15:52:07 +0000</lastBuildDate>
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		<title>Live Candlestick Event with Steve Nison</title>
		<link>http://www.theoptionclub.com/blog/2012/01/live-candlestick-event-with-steve-nison/</link>
		<comments>http://www.theoptionclub.com/blog/2012/01/live-candlestick-event-with-steve-nison/#comments</comments>
		<pubDate>Sat, 21 Jan 2012 15:48:52 +0000</pubDate>
		<dc:creator>Christopher Smith</dc:creator>
				<category><![CDATA[Market Analysis]]></category>

		<guid isPermaLink="false">http://www.theoptionclub.com/blog/?p=594</guid>
		<description><![CDATA[Steve Nison
On January 31, 2012, we are invited to attend a live web-cast event featuring Steve Nison, CMT. I imagine most of you here know who Steve Nison is, but for anyone who does not he is the man credited with bringing Japanese Candlesticks to the Western world. He is also regarded as one of [...]]]></description>
		<wfw:commentRss>http://www.theoptionclub.com/blog/2012/01/live-candlestick-event-with-steve-nison/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Trading Iron Condors in 2012</title>
		<link>http://www.theoptionclub.com/blog/2012/01/trading-iron-condors-in-2012/</link>
		<comments>http://www.theoptionclub.com/blog/2012/01/trading-iron-condors-in-2012/#comments</comments>
		<pubDate>Sun, 15 Jan 2012 17:25:28 +0000</pubDate>
		<dc:creator>Christopher Smith</dc:creator>
				<category><![CDATA[Iron Condors]]></category>

		<guid isPermaLink="false">http://www.theoptionclub.com/blog/?p=589</guid>
		<description><![CDATA[Please visit website to view premium content
During this January 10th presentation, Dan Sheridan and I shared some of our thoughts and insights on trading Iron Condors in the months ahead.  If you would like to learn more about trading iron condors and see how different traders approach this particular option strategy, consider joining us in [...]]]></description>
		<wfw:commentRss>http://www.theoptionclub.com/blog/2012/01/trading-iron-condors-in-2012/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Are the &#8220;Darkest Days&#8221; for the Economy Behind Us?</title>
		<link>http://www.theoptionclub.com/blog/2011/11/are-the-darkest-days-for-the-economy-behind-us/</link>
		<comments>http://www.theoptionclub.com/blog/2011/11/are-the-darkest-days-for-the-economy-behind-us/#comments</comments>
		<pubDate>Mon, 21 Nov 2011 18:55:59 +0000</pubDate>
		<dc:creator>Christopher Smith</dc:creator>
				<category><![CDATA[Trade As A Business]]></category>

		<guid isPermaLink="false">http://www.theoptionclub.com/blog/?p=564</guid>
		<description><![CDATA[
&#8220;Darkest Days&#8221; for the Economy: Behind Us, or Just Ahead?
 Economic skies forecast: slowly clearing, heavy rain returning, or cyclone? 
 November 18, 2011 
By Elliott Wave International
Many people still talk about a &#8220;recovery,&#8221; or at worst
only see a possible double-dip recession. But what if
the mistake was to think the economy was only in a [...]]]></description>
		<wfw:commentRss>http://www.theoptionclub.com/blog/2011/11/are-the-darkest-days-for-the-economy-behind-us/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Triple Top Formqation in U.S. Stock Market Explained</title>
		<link>http://www.theoptionclub.com/blog/2011/11/triple-top-formqation-in-u-s-stock-market-explained/</link>
		<comments>http://www.theoptionclub.com/blog/2011/11/triple-top-formqation-in-u-s-stock-market-explained/#comments</comments>
		<pubDate>Sun, 20 Nov 2011 22:08:07 +0000</pubDate>
		<dc:creator>Christopher Smith</dc:creator>
				<category><![CDATA[Trade As A Business]]></category>

		<guid isPermaLink="false">http://www.theoptionclub.com/blog/?p=562</guid>
		<description><![CDATA[(Video) Bob Prechter Explains &#8216;Triple Top&#8217; Forming in U.S. Stock Market
This excerpt from the special video issue of the August Elliott Wave
Theorist brings you Bob Prechter’s analysis of the triple top
that has been forming in the U.S. stock market over the past 12 years.
Watch as Bob himself explains what this pattern means for you and [...]]]></description>
		<wfw:commentRss>http://www.theoptionclub.com/blog/2011/11/triple-top-formqation-in-u-s-stock-market-explained/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How to Journal Your Trades</title>
		<link>http://www.theoptionclub.com/blog/2011/11/how-to-journal-your-trades/</link>
		<comments>http://www.theoptionclub.com/blog/2011/11/how-to-journal-your-trades/#comments</comments>
		<pubDate>Wed, 09 Nov 2011 04:43:10 +0000</pubDate>
		<dc:creator>Christopher Smith</dc:creator>
				<category><![CDATA[Risk Management]]></category>

		<guid isPermaLink="false">http://www.theoptionclub.com/blog/?p=555</guid>
		<description><![CDATA[This year I have spent a lot of time talking to my Trading Room members about trade planning and journaling. It&#8217;s crucial!
The purpose of this e-mail is not to talk you into joining us (although you&#8217;re more than welcome), but to share some journaling exmples&#8230;
Norman Hallett, one of the world&#8217;s leading &#8216;trading discipline&#8217; trainers has [...]]]></description>
		<wfw:commentRss>http://www.theoptionclub.com/blog/2011/11/how-to-journal-your-trades/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Most Options Expire Worthless</title>
		<link>http://www.theoptionclub.com/blog/2011/10/most-options-expire-worthless/</link>
		<comments>http://www.theoptionclub.com/blog/2011/10/most-options-expire-worthless/#comments</comments>
		<pubDate>Sun, 23 Oct 2011 01:51:20 +0000</pubDate>
		<dc:creator>Christopher Smith</dc:creator>
				<category><![CDATA[Options Education]]></category>
		<category><![CDATA[Risk Management]]></category>

		<guid isPermaLink="false">http://www.theoptionclub.com/blog/?p=548</guid>
		<description><![CDATA[
This is a recurring argument and one that has become a pet peeve of mine. In fact, it just surfaced once again on our discussion board so I thought I would add a post to our blog and in the future I can just refer folks here to save the wear-and-tear on my computer&#8217;s keyboard.
The [...]]]></description>
		<wfw:commentRss>http://www.theoptionclub.com/blog/2011/10/most-options-expire-worthless/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Iron Condor Adjustment Strategies by John Summa, Ph.D.</title>
		<link>http://www.theoptionclub.com/blog/2011/10/iron-condor-adjustment-strategies-by-john-summa-ph-d/</link>
		<comments>http://www.theoptionclub.com/blog/2011/10/iron-condor-adjustment-strategies-by-john-summa-ph-d/#comments</comments>
		<pubDate>Sat, 22 Oct 2011 17:52:40 +0000</pubDate>
		<dc:creator>Christopher Smith</dc:creator>
				<category><![CDATA[Adjusting]]></category>
		<category><![CDATA[Iron Condors]]></category>

		<guid isPermaLink="false">http://www.theoptionclub.com/blog/?p=538</guid>
		<description><![CDATA[The way most of use trade them, iron condors are high probability income strategies.  This means that each time we open the trade probability is rather good that our short option strikes will remain out-of-the-money and expire worthless &#8211; leaving us with a profitable trade.
While the probabilities are in our favor, the risk-to-reward ratio is [...]]]></description>
		<wfw:commentRss>http://www.theoptionclub.com/blog/2011/10/iron-condor-adjustment-strategies-by-john-summa-ph-d/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Adjusting Time Spreads with Dan Pasarelli</title>
		<link>http://www.theoptionclub.com/blog/2011/09/adjusting-time-spreads-with-dan-pasarelli/</link>
		<comments>http://www.theoptionclub.com/blog/2011/09/adjusting-time-spreads-with-dan-pasarelli/#comments</comments>
		<pubDate>Fri, 30 Sep 2011 13:36:30 +0000</pubDate>
		<dc:creator>Christopher Smith</dc:creator>
				<category><![CDATA[Adjusting]]></category>
		<category><![CDATA[Calendar Spreads]]></category>

		<guid isPermaLink="false">http://www.theoptionclub.com/blog/?p=530</guid>
		<description><![CDATA[Dan Pasarelli from Market Taker Mentoring is a veteran of the Chicago trading floors and the author of two books on options trading. A couple days ago he joined us to talk about the art and science of constructing and adjusting time spreads.
Please visit website to view premium content
If you would like to hear more [...]]]></description>
		<wfw:commentRss>http://www.theoptionclub.com/blog/2011/09/adjusting-time-spreads-with-dan-pasarelli/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Avoiding Capital Losses During Market Downturns</title>
		<link>http://www.theoptionclub.com/blog/2011/09/avoiding-capital-losses-during-market-downturns/</link>
		<comments>http://www.theoptionclub.com/blog/2011/09/avoiding-capital-losses-during-market-downturns/#comments</comments>
		<pubDate>Mon, 05 Sep 2011 16:19:22 +0000</pubDate>
		<dc:creator>Christopher Smith</dc:creator>
				<category><![CDATA[Trading Presentations]]></category>
		<category><![CDATA[Trading Systems]]></category>

		<guid isPermaLink="false">http://www.theoptionclub.com/blog/?p=526</guid>
		<description><![CDATA[[ September 15, 2011; 4:00 pm to 5:00 pm. ] 

The last several years have been difficult for investors, as they typically seek capital appreciation through stock ownership.  Owning, or "getting long" stock, carries with it inherent risks.

One such risk is that of a market-wide decline in stock prices.  The vast majority of stocks tend to follow the overall trend of the market.  What this [...]]]></description>
		<wfw:commentRss>http://www.theoptionclub.com/blog/2011/09/avoiding-capital-losses-during-market-downturns/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>How to Adjust Time Spreads</title>
		<link>http://www.theoptionclub.com/blog/2011/09/how-to-adjust-time-spreads/</link>
		<comments>http://www.theoptionclub.com/blog/2011/09/how-to-adjust-time-spreads/#comments</comments>
		<pubDate>Sun, 04 Sep 2011 19:22:03 +0000</pubDate>
		<dc:creator>Christopher Smith</dc:creator>
				<category><![CDATA[Adjusting]]></category>
		<category><![CDATA[Calendar Spreads]]></category>
		<category><![CDATA[Spread Trading]]></category>
		<category><![CDATA[Trading Presentations]]></category>

		<guid isPermaLink="false">http://www.theoptionclub.com/blog/?p=519</guid>
		<description><![CDATA[[ September 28, 2011; 6:00 pm to 7:00 pm. ] Time spreads are a bit more complicated than the basic vertical spread, or even an iron condor, because they involve the use of options in multiple expiration periods. This complexity becomes evident when looking for good trade candidates and even more so when trying to manage or adjust the positions.

On Wednesday, September 28, 2011, Dan [...]]]></description>
		<wfw:commentRss>http://www.theoptionclub.com/blog/2011/09/how-to-adjust-time-spreads/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Options Trades To Do Right Now!</title>
		<link>http://www.theoptionclub.com/blog/2011/08/options-trades-to-do-right-now/</link>
		<comments>http://www.theoptionclub.com/blog/2011/08/options-trades-to-do-right-now/#comments</comments>
		<pubDate>Sun, 21 Aug 2011 01:47:34 +0000</pubDate>
		<dc:creator>Christopher Smith</dc:creator>
				<category><![CDATA[Market Analysis]]></category>
		<category><![CDATA[Volatility]]></category>

		<guid isPermaLink="false">http://www.theoptionclub.com/blog/?p=512</guid>
		<description><![CDATA[Please visit website to view premium content
On Tuesday, August 16, 2011, Mark Sebastian from the OptionPit joined us for a live after-market presentation to share some ideas about the types of options trades he believes make sense under the market conditions that we have been witnessing lately.  While this presentation was not intended to serve [...]]]></description>
		<wfw:commentRss>http://www.theoptionclub.com/blog/2011/08/options-trades-to-do-right-now/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Profiles of Successful Retail Options Traders</title>
		<link>http://www.theoptionclub.com/blog/2011/08/profiles-of-successful-retail-options-traders/</link>
		<comments>http://www.theoptionclub.com/blog/2011/08/profiles-of-successful-retail-options-traders/#comments</comments>
		<pubDate>Wed, 10 Aug 2011 15:58:22 +0000</pubDate>
		<dc:creator>Christopher Smith</dc:creator>
				<category><![CDATA[Risk Management]]></category>
		<category><![CDATA[Trade As A Business]]></category>

		<guid isPermaLink="false">http://www.theoptionclub.com/blog/?p=500</guid>
		<description><![CDATA[Please visit website to view premium content
I think it is important to recognize that the returns that were shared in the presentation were the returns earned on specific positions.  I don&#8217;t find it particularly remarkable that someone might earn 5%, 7% or even 15% or 20% on a particular trade or that they might earn [...]]]></description>
		<wfw:commentRss>http://www.theoptionclub.com/blog/2011/08/profiles-of-successful-retail-options-traders/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Profiles of Actual Retail Options Trading Results</title>
		<link>http://www.theoptionclub.com/blog/2011/08/profiles-of-actual-retail-options-trading-results-2/</link>
		<comments>http://www.theoptionclub.com/blog/2011/08/profiles-of-actual-retail-options-trading-results-2/#comments</comments>
		<pubDate>Mon, 01 Aug 2011 18:24:27 +0000</pubDate>
		<dc:creator>Christopher Smith</dc:creator>
				<category><![CDATA[Trading Presentations]]></category>

		<guid isPermaLink="false">http://www.theoptionclub.com/blog/?p=497</guid>
		<description><![CDATA[[ August 8, 2011; 6:00 pm to 7:30 pm. ] Opinions differ about what the kind of returns a retail options trader can realistically expect. There are numerous factors that affect the yields experienced from one trader to the next and in the retail trading world that fact is magnified all the more.

Retail traders typically work in a vacuum, isolated in the spare bedroom or [...]]]></description>
		<wfw:commentRss>http://www.theoptionclub.com/blog/2011/08/profiles-of-actual-retail-options-trading-results-2/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What Happens When You Are Assigned On A Short Option?</title>
		<link>http://www.theoptionclub.com/blog/2011/07/what-happens-when-you-are-assigned-on-a-short-option/</link>
		<comments>http://www.theoptionclub.com/blog/2011/07/what-happens-when-you-are-assigned-on-a-short-option/#comments</comments>
		<pubDate>Thu, 21 Jul 2011 04:52:03 +0000</pubDate>
		<dc:creator>Christopher Smith</dc:creator>
				<category><![CDATA[Options Education]]></category>

		<guid isPermaLink="false">http://www.theoptionclub.com/blog/?p=478</guid>
		<description><![CDATA[I received an e-mail today asking what happens when you&#8217;re assigned on a short option.  More specifically, the focus of the question was what choices do you have in the event of assignment.  It&#8217;s a reasonable question, but one that interested me simply because assignment is something that every options trader must understand.
You can only [...]]]></description>
		<wfw:commentRss>http://www.theoptionclub.com/blog/2011/07/what-happens-when-you-are-assigned-on-a-short-option/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Journaling for Traders</title>
		<link>http://www.theoptionclub.com/blog/2011/07/journaling-for-traders/</link>
		<comments>http://www.theoptionclub.com/blog/2011/07/journaling-for-traders/#comments</comments>
		<pubDate>Mon, 18 Jul 2011 23:55:49 +0000</pubDate>
		<dc:creator>Christopher Smith</dc:creator>
				<category><![CDATA[Trade As A Business]]></category>

		<guid isPermaLink="false">http://www.theoptionclub.com/blog/?p=474</guid>
		<description><![CDATA[I sent out an e-mail to our community today about using a trading journal.  I wanted to make sure everyone received it because journaling and evaluating our performance as traders is  not something we talk much about in our community, yet it can be so incredibly powerful when done right.
The one guy I do know [...]]]></description>
		<wfw:commentRss>http://www.theoptionclub.com/blog/2011/07/journaling-for-traders/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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