Meet the short broken butterfly, an advanced strategy for bullish (or bearish) masochists who hate symmetry but love risk asymmetry. 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
For options traders, few decisions are as pivotal, or as deceptively simple, as choosing the right strike price. Read More
Delta is the "Greek" that indicates how much an option price is expected to change when the stock moves a dollar in either direction. Here's why it matters. Read More
If you’re bullish on a stock you own but also concerned that it’s price could drop in the near term, you should consider a collar option. Read More
The idea behind a naked call is to sell it first, then buy it back later at a lower price for a profit. Read More
Level 3 options trading is often of interest to investors compared to other levels. It’s a middle ground between basic and highly advanced trading. Read More
This strategy is perfect for options veterans who want high-percentage gains and a built-in parachute. Read More
How would you like to protect yourself against a possible downturn in a stock that you own? Consider a protective put. Read More
A long broken butterfly is a multi-leg options strategy that involves four legs with three strike prices. Here's how it works. Read More
How would you like to profit from a stock that moves significantly in either direction? If so, then consider the long strangle strategy. Read More