Options Education8 min
What Is a Butterfly Spread in Options?
Introduction A butterfly spread is an options strategy that uses three strike prices to create a position with a peak profit at one specific price point and…
Bernardo Rocha
Tradematic Blog
Options strategies, automated trading insights, and market education.
Options Education8 min
What Is a Diagonal Spread in Options?
Introduction A diagonal spread is an options strategy that combines two legs at different strike prices AND different expiration dates. It sits between a…
Bernardo Rocha
Options Education8 min
What Is a Calendar Spread in Options?
Introduction A calendar spread — also called a time spread or horizontal spread — is an options strategy that sells a near-term option and buys a longer-dated…
Bernardo Rocha
Iron Condor Strategy8 min
Iron Condor Exit Rules: When to Close Early
Introduction Holding an iron condor to expiration is not always the optimal strategy. Closing early — either to lock in gains or to limit a loss — is an active…
Bernardo Rocha
Iron Condor Strategy8 min
How to Calculate Expected Annual Return from Iron Condors
Introduction Calculating expected annual return from iron condors requires more than multiplying monthly win rate by 12. It requires factoring in the magnitude…
Bernardo Rocha
Risk Management7 min
What Is the Sortino Ratio in Trading Performance?
Introduction The Sortino ratio is a risk-adjusted performance metric that measures return relative to downside volatility only — not total volatility. It…
Bernardo Rocha
Market Conditions8 min
How to Use VIX Futures for Options Strategy Planning
Introduction The spot VIX tells you where implied volatility is right now. VIX futures tell you where the market expects volatility to be in the future — and…
Bernardo Rocha
Options Education7 min
What Is a Risk Reversal Options Strategy?
Introduction A risk reversal is an options strategy that combines a long out-of-the-money call with a short out-of-the-money put (or the reverse), creating a…
Bernardo Rocha
Options Education7 min
How to Make $2000 a Month from Automated Options Trading
Introduction $2,000 per month from automated options trading is a specific income target — and whether it's achievable depends entirely on account size,…
Bernardo Rocha
Options Education7 min
What Is the Safest Options Strategy for Consistent Monthly Income?
Introduction No options strategy is risk-free, but some are far better suited for consistent monthly income than others. The strategies that hold up over time…
Bernardo Rocha
Automated Trading7 min
Is Copy Trading Options Legal in the United States?
Introduction Copy trading options in the United States is legal, but the rules around it are more nuanced than with simple stock copy trading. The legality…
Bernardo Rocha
Automated Trading10 min
How to Scale Up an Automated Trading Account
Scaling up an automated trading account is not simply a matter of depositing more capital. Position sizes, risk per trade, liquidity constraints, and margin…
Bernardo Rocha