In today’s society where the average attention span is rapidly decreasing, we easily lose the connection to ourselves. The term “self-awareness” has a spiritual feel to it and most people (particularly traders) are going to lose interest in the conversation the moment you bring it up. However, I have never interacted with a successful trader who is not highly self-aware.

Trader’s make mistakes, and it will happen again. Moving past these mistakes can be challenging, particularly with the commitment bias working against us. How we handle ourselves in these moments is critical to our success as traders.

Market makers have an incentive to pin the stock price at a certain strike for maximum pain.

During each earnings season, traders and investors often focus their attention on a crucial metric: the "options implied move" or "expected move" of a stock's earnings report (ER). This metric is vital for making informed decisions in the world of trading. In this article, we will delve into the concept of the options implied move, explaining how it's calculated and why it matters.