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Heather Cullen

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Heather Cullen Blog Exotic Beasts - the Options Zoo

Exotic Beasts

| The Options Zoo | Lizards, condors, butterflies. Options trading sounds exciting, doesn’t it? But underneath the exotic names, these strategies are usually nothing more than combinations of calls and puts. (BTW: the video is

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Heather Cullen Blog Selling Your Upside - Weekly Income Illusion - Covered Calls

Selling Your Upside

| The Weekly Income Illusion | I was planning to move on to the other half of the wheel strategy, but there were so many questions and suggestions about covered calls that I thought I

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Heather Cullen Blog Covered Calls Scratching the Itch

Covered Calls

| Scratching the Itch | Boredom is the trader’s worst enemy. Sometimes the itch to DO something becomes quite unbearable and you end up doing something stupid. I am speaking from experience here! It has

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Heather Cullen Blog Gambler Fallacy

Gambler’s Fallacy

| Why Smart People Go Broke | You’ve just thrown 20 heads in a row; what are the chances of the next toss being a head? Of course, we all know the answer – at

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Heather Cullen Blog Paying to Lose Free Commission Fraud

Paying To Lose

Zero Commission Fraud. Zero commissions seemed like a dream when I started trading many years ago. I cut my teeth on the ASX (Australia) but quickly realized that it was a loser’s game. The brokerage

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Heather Cullen In The Money ITM BLOG Broker Risk Closing Only

Closing Only

When Your Broker Becomes The Risk There have been reports from some traders that TastyTrade has set SPYG to closing only – in other words, you can sell any positions you have, but you can’t

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