There are some great trading blogs out there these days and the number of bloggers seems to be rapidly expanding. There are a few bloggers who I read on a regular basis. These guys are the crème de le crème of option bloggers who provide great market analysis, trade ideas and educational posts. I wanted to put together this list of the Top 10 Option Trading Bloggers as a resource for other traders to use. Some of these you may have heard of, some may be new to you. I’ve created the list based on a variety of factors including how helpful I find their blogs and their overall popularity. Check them out and let me know if you think I’ve missed anyone. Most of these guys are on Twitter and I’ve set up a list where you can follow them.
1 – Option Pit – Mark Sebastien
Option Pit is run by Mark Sebastian, a former market maker on both the Chicago Board Options Exchange and the American Stock Exchange. Option Pit is a fantastic resource for option traders and blog topics focus a lot on implied volatility, so you can understand why I like it. One of the great things about Option Pit is there is new content pretty much every day and it is ALL high quality stuff. Mark is also a regular on CNBC. I visit this site every day.
2 – Options Hawk – Joe Kunkle
Options Hawk is another options trading site that has a large focus on trading implied volatility. Joe Kunkle is the man behind the Options Hawk brand and while he doesn’t post on his blog as regularly as some others in this list, when he does post it is all super informative stuff with lots of actionable trade ideas. He is very responsive if you have questions, but don’t take that as a license to bombard him with questions.
Dan Sheridan is the Godfather of options education and has been in the business longer than pretty much everyone. Really knows his stuff and provides great free content on his blog. There are also lots of his videos on the CBOE website, if you have time to check those out, you won’t regret it.
4 – The Lazy Trader – Lazy Trader
The Lazy Trader is a super nice guy. His blog is filled with trading related tips on subjects like psychology, money management and risk management. He also posts his trades on the site and gives an update on how they are performing each weekend. He focuses mostly on credit spreads and iron condors but also has lots of information on other strategies. I did a guest post for the Lazy Trader once which you can check out here.
5 – Option Alpha – Kirk Du Plessis
Kirk from Option Alpha is the go to guy for beginners wanting to learn options trading. His blog archive and resource section are extensive and filled with interesting tidbits. He trades purely credit spreads, iron condors and naked puts and calls.
6 – Steady Options – Kim Klaiman
Steady Options, run by Kim Klaiman with contributions from Mark Wolfinger is a great site to visit every week or so. Great articles on must read topics.
Another good website to visit on a weekly basis. Investing With Options founder Steven Place is a great teacher about to bring complex topics into an easy to understand format. Blog posts are informative and are great for intermediate traders or beginners looking to expand on their current knowledge base.
8 – VIX and More – Bill Luby
While technically not a pure options trading blog, VIX and More is the number one resource on all things volatility. Any option trader worth his salt needs to have a solid understanding of volatility. I’ve learned a great deal from the posts I’ve read so far and can’t wait to dive into the rest of them!
Alan Ellman from The Blue Collar Investor is probably the foremost expert on covered calls. He’s authored 5 books that have great reviews on Amazon. Allan is very popular with risk averse investors who are looking at options as a way to generate a steady, low risk income. No crazy high-flying trades here, just solid advice for long term investors.
10 – Sassy Options – Rachel Shasha
Rachel from Sassy options provides excellent market commentary and trading ideas, definitely worth a read each week.
So those are my Top 10 Option Trading Blogs, I’m sure this will create quite a bit of controversy similar to my Top 25 Traders on Twitter post. Feel free to let me know in the comments section if you think I missed anyone.
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