Covered Calls are Not all They are Cracked up to Be (SMBU Daily Video)

In our SMBU Daily Video, learn more about Covered Calls.

In this video from Seth, you will learn:

Covered calls are not all they are cracked up to be
They limit upside while hardly reducing the downside of an equity play.
They may have a serious tax flaw that is often overlooked.

We hope this video helps your trading.

*no relevant positions

The Education of a Trader: Trading on Tilt

Our friends at asked:
How do you deal with emotions in your daily trading?

Handling Short Term Noise

The S&P 500 is knocking at the door of the highest close in over a month. The path to this point was not straight.

The Third Week of More Mindful Trading

The Third Week of More Mindful Trading

In this post, I will continue my eight week experiment with cultivating mindfulness and trading. The first two posts in the series can be found here:


Eight Weeks to More Mindful Trading

The Second Week of More Mindful Trading


To bring new readers up to speed, here is a brief refresher on mindfulness.

8 athletic brands passing me in Central Park

New Yorkers take their running very seriously in Central Park. Too seriously if you ask this twice-a-week jogger and now very former athlete. Many many many were passing me on my amble home last night, which at first was deflating.... but then opportunistic.

You see when you get passed by as many as I did you get an upfront look at all the latest athletic garb.

4 ways to trade with a bias

Hi Mike,

Just finished reading The Playbook (after One Good Trade earlier) and felt obligated to send a thank you note. I really appreciate you offering this information out in the form of a book unlike anyone else really does in trading! It helped me build even more on my base trading knowledge.

Enhancing Trader Performance: The tendency to twaddle


If you have nothing to say, say nothing. – Mark Twain

Have you ever been on the receiving end of a conversation or listened to an explanation and thought, “what the heck did he just say?” Or have you read something and had to reread something several times to figure out its meaning?

Register for this Free Webinar with SMB’s Top Options Trader

This Thursday at 4:30 PM Eastern, Seth Freudberg and John Locke will host a free webinar:

Ask Anything: Was Philip Morris a good stock to trade?


Hi Mike,

I am in college, as a Biology major, and have been on a trading journey for about three-four years.