About Tim Biggam
Tim spent 13 years as Chief Options Strategist at Man Securities in Chicago, 4 years as Lead Options Strategist at ThinkorSwim and 3 years as a Market Maker for First Options in Chicago.
He is the editor of the POWR Options newsletter.
He began his trading career on the CBOE trading floor just months before the crash of 1987. Surviving Black Monday taught him an invaluable lesson in managing both your risk and emotions. In addition, he traded for a volatility arbitrage hedge fund for over five years and created and runs an option and volatility based separately managed accounts (SMA) program.
Tim makes regular appearances on Bloomberg TV "Options Insight" and CBOE-TV "Vol 411" to discuss option strategies. He also is a weekly contributor to the TD Ameritrade Network "Morning Trade Live" and Business First AM "Trader Talk". Tim has also appeared on CNBC’s Volatility Playbook.
Tim has a Masters of Science degree in Financial Markets and Trading from the Illinois Institute of Technology Stuart School of Business. He is an avid golfer and a die hard Chicago Bears fan-so he knows about taking losses. He feels that while losses are inevitable in trading, large losses are unconscionable. Position sizing and risk control are just as important as trade selection when trading options.
His overriding passion is to make the complex world of options more understandable and therefore more useful to the everyday trader. If you would like to see more of his best options trades, then click the following link See Tim Biggam's Favorite Options Trades.
Recent Articles By Tim Biggam
The Best Way To Short The Most Shorted Stocks
Manic melt-up in most shorted stocks like CVNA,W, and MSTR has finally found some semblance of sanity with a sell-off.
The Best Way to Play Stock Breakouts
No matter market direction there are always stocks ready to break higher. What is the best way to find these timely picks? And how do you maximize profits? 35 year trading veteran Tim Biggam spells it all out in this timely article below....
Will China Be The Ultimate Downfall For Tesla (TSLA) ?
The recent short covering rally in Tesla stock provides a better price point to position to profit on a further pullback in TSLA
How To Be Like Buffett And Buy A Berkshire Stock At A Discount
How to use a covered call strategey to buy the dip and sell the rip on the latest Warren Buffett buy in Taiwan Semiconductor (TSM)
How to Profit Picking the Worst Stocks…
Stock markets suffered through a rough year in 2022. Major indices like the S&P 500 (SPY) and NASDAQ 100 were down double digits across the board. Yet this simple strategy showed a solid double-digit gain by taking profitable positions in both good AND bad stocks. This type of balanced approach will likely continue to outperform in what looks like to be a tough 2023. Read on below to find out more...
3 Big Reasons Why Stocks Are Primed For A Probabilistic Pullback
Bolster the Warren Buffet "Fear and Greed" mantra with three more reliable indicators to increase your odds of sucess in trading.
How to Stack the Odds in Your Favor…
Most investors have had a rough time in the turbulent 2022 stock market (SPY). Now more than ever they need a reliable way to identify winning stocks regardless of the current market conditions. The key to success is to take the guess work out of investing by having the computers do the heavy lifting for you. First, by narrowing down to the healthiest fundamental stocks using the POWR Ratings system. Next, applying leading edge technical analysis to find the timeliest of those stocks ready to break higher now. That’s what I discuss in more detail in the article below. Read on for more…
How To Lower Your Risk With A Conservative Covered Call Approach On 3 Strong Buy Dividend-Paying ETFs
Selling covered calls on conservative dividend paying ETFs can lower your risk but still provide real returns for astute investors and traders
3 Big Reasons Why The Dow Jones Industrial Average Is Priming For A Pullback
The Dow Jones Industrial stocks (DIA) have barely budged this year even with so many stocks cratering in the stock carnage of 2022. Look for the mighty Dow to eventually fall fast as 2023 begins.