Location: All meetings, unless otherwise noted, are held at the Elks Lodge, 375 N Pastoria, Sunnyvale, CA (http://tinyurl.com/ElksLodgeSunnyvale)
Trading the Risk Profile
In trading options, one of the most important tool for understanding your trade is the risk profile. Most traders only look at the expiration curve but what happens between now and expiration is fraught with danger. Come learn about this important tool available free on the ThinkOrSwim (TOS) platform - the ins and outs and the use of simulations to get a correct P&L. Understand what this powerful tool can show you and how to use it to understand entry strategies, adjustment strategies, visualizing the greeks, and most importantly, your risk in a trade at any point in time so you can take appropriate action. See how Dennis uses this tool in his daily trading.
Dennis Wong, Private Trader & Director, SVOG
Dennis is a retired F500 corporate executive with over 30 years in engineering, market research, business and strategic planning. He has been a student of the market for over 15 years and started trading options in 2005 and butterflies since 2010 and is still learning. Dennis has a BSEE from Berkeley, MBA from Santa Clara, Stanford ALP graduate, and is an Investools PhD student, Dan Sheridan options student as well as a student of other training organizations/programs. He currently trades his own portfolio and is focused on active portfolio and risk management, swing trading, and butterfly options trading.