Choose the "Best" Expiration Date Spoiler: There isn't one. There isn't a single "best" expiration date. There's only the one that best supports your portfolio goals. This week, my NVDA cash-secured put expired out of the money, so for my next trade, I compared four possible expiration dates: 7, 14, 21, and 28 days out. They all produced almost exactly the same rate of return. So rather than chasing tiny differences in ROI, I chose the expiration that best supported my portfolio goals....

One of the biggest misconceptions about options expiration day is that every position should be managed the same way. In reality, every position tells a different story. On July 17, I managed four ETF positions—QQQ, SPY, VIG, and GLD—and each one required a different response. None of the positions were "problems." They simply reflected where each ETF was relative to my long-term portfolio goals. My objective is to use options as a strategic portfolio tool while building and maintaining a...

You Don’t Need a Kindle Device to Read This Book If you’ve ever thought, “I’ll buy the book later when I have time to figure it out,” this post is for you. A surprisingly common question I get isn’t about investing at all; it’s about how to actually buy and read the book. This book doesn’t work especially well in print. There are too many links, navigation tools, and connections to outside resources. It’s designed to be used digitally . It works best on a tablet , but it’s also perfectly...