The idea behind the strategy is to let time decay (or theta) work in your favor. Read More
Jim Fink is chief investment strategist for Options for Income, Velocity Trader, and Jim Fink's Inner Circle. He has traded options for more than 30 years and generated personal profits of more than $5 million. Jim also serves as an investment analyst at Investing Daily’s flagship investing publication, Personal Finance.
Hopelessly overeducated, Jim holds a bachelor's degree from Yale University, a master's degree from Harvard's Kennedy School of Government, a law degree from Columbia University, and an MBA from the University of Virginia's Darden School of Business. For good measure, he has been a member of the Illinois and D.C. bars.
Prior to joining Investing Daily, and when not incurring student loans hiding out in academe, Jim practiced telecommunications regulatory law for nine years until he realized that he made more money trading stock options than writing briefs. After attending business school, Jim switched gears to the investment realm full-time, working for a university endowment, a private wealth management firm, an insurance and financial planning company, and as a Senior Analyst for an online investment newsletter service that encourages the wearing of funny hats.
A possible but unlikely descendant of legendary brawler and boatman Mike Fink, Jim defies his heritage, believing that investing success requires patience and analysis, not swashbuckling bravado. Besides his passion for analyzing and writing about stocks, Jim likes to hike in the desert Southwest, vacation in Las Vegas, play tennis, and feed his toddler son Cheerios.
Analyst Articles
A bull put spread is similar to a short put, except there's less risk involved. Here's how it works, in plain English. Read More
LEAPs are long-term investments that provide plenty of time to take advantage of stock price movements. Here's how they work. Read More
Rho is a gauge that helps you evaluate options contracts and their exposure to the risk of interest rate fluctuations. Here's how it works. Read More
If you're interested in trading a complex options strategy, you'll want to place multi-leg orders. Here's how they work. Read More
If you're thinking about boosting your income with options, you might wonder when it's a good time to start trading. Follow these guidelines. Read More
We’re on the verge of witnessing tit-for-tat tariffs across the globe. However, savvy options traders can exploit geopolitical conflict with these time-proven strategies. Read More
Here’s how you can turn Trump-induced market volatility into your personal trading playground. Read More
If you'd like to buy a stock at a lower price than it's currently offered on the market while getting paid to wait until it drops, you should consider a short put strategy. Read More
An iron butterfly is one of the more complicated options strategies, but it can also be highly rewarding. Here's how it works. Read More