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Everyday Trader hero image
Mike Butler

Everyday Trader

Trading can be a full time job, but it doesn't have to be! Tune in to see how Mike Butler trades around his job with efficiency!


Mike Butler
Mike's 2018 Outlook
Everyday Trader
Mike's 2018 Outlook
Dec 30, 2017
Mike wraps up everyday trader and gives his outlook on 2018! Year-To-Date P/L will reset at the beginning of the year - ...
Mike's Top 3 2017 Takeaways
Everyday Trader
Mike's Top 3 2017 Takeaways
Dec 28, 2017
Mike walks through his takeaways from the year, and gives you a preview of 2018's new content!
Jim's Top 3 2017 Takeaways
Everyday Trader
Jim's Top 3 2017 Takeaways
Dec 23, 2017
Mike & Jim finish off the 2017 recap with his takeaways of the year!
Ryan's Top 3 2017 Takeaways
Everyday Trader
Ryan's Top 3 2017 Takeaways
Dec 21, 2017
Ryan joins Mikey to offer his macro-outlook on the market of 2017 and explains how he has learned from his trading throu...
Nick's Top 3 2017 Takeaways
Everyday Trader
Nick's Top 3 2017 Takeaways
Dec 20, 2017
Mike & Nick discuss his top takeaways from his trading in 2017. Get his take on profit targets, buying power and more!
Everyday Trader
Katie's Top 3 2017 Takeaways
Dec 19, 2017
Some of the best education comes from other's experiences! Mike & Katie walk through her top 3 takeaways from 2017.
Everyday Trader
How Theta Can Change During a Trade
Dec 15, 2017
Mike & James discuss how theta can fluctuate during the course of a trade. While EXT/DTE is not the formula we use to ca...
Everyday Trader
How Vega Can Change During a Trade
Dec 13, 2017
Mike & Katie piggy-back off Monday's delta segment, and discuss how vega can go from positive to negative in spreads.
Everyday Trader
Standard Deviation & IV
Dec 8, 2017
Mike & James explain how SD & IV are related, and why we sell option premium when IV is high.
Everyday Trader
Improving Leverage
Dec 7, 2017
Mike & Ryan discuss how they improve leverage and ROC with just a few tweaks in their strategies.
Everyday Trader
Strategy Synthetics
Dec 1, 2017
Everyday Trader
Buying Spreads for Less Than Intrinsic Value
Nov 30, 2017
Mike & Ryan discuss the importance of buying spreads for less than intrinsic value, and how it removes a lot of the bad ...
Everyday Trader
Adjusting Iron Flies & Broken Wing Butterflies
Nov 21, 2017
Mike & Katie walk through what they do with iron flies that have gone wrong, and explain that their method is the except...
Everyday Trader
UAL Iron Fly Conversion
Nov 18, 2017
Everyday Trader
Defining Risk After the Fact
Nov 17, 2017
Mike and James discuss the interesting concept of defining risk on an undefined risk trade when the opportunity arises.
Everyday Trader
Scaling Into Selloffs
Nov 16, 2017
Mike and Ryan discuss the recent market selloff and how they are approaching it from a "big picture" perspective.
Everyday Trader
Iron Fly vs Iron Condor
Nov 15, 2017
Mike & Nick walk through their decision making process between choosing an Iron Fly & Iron Condor. They are both defined...
Everyday Trader
Practical Profit Targets
Nov 9, 2017
Mike & Ryan discuss practical profit targets for different strategies, and give a general rule of thumb for level of deb...
Everyday Trader
Covered Call - Closing, Waiting & Rolling
Nov 7, 2017
Mike & Katie walk through their decision making process with covered calls, especially when it comes to winning trades.
Everyday Trader
Repairing Trades
Oct 31, 2017
Mike & Katie walk through naked options, defined risk credit spreads and covered put/call positions and what they would ...
Everyday Trader
Time & Defined Risk
Oct 26, 2017
Mike & James explain what happens to our vertical spreads when we add time to them. Extrinsic value, implied volatility ...
Everyday Trader
SPY Double Calendar Spread
Oct 21, 2017
Mike & Nick put the Research Team's analysis into action and place a double calendar spread in SPY!
Everyday Trader
Poor Man's Covered Call Management
Oct 17, 2017
Mike & Nick place a poor man's covered call in EWW, and walk through their detailed management tactics if the trade goes...
Everyday Trader
Managing Poor Man's Covered Puts
Oct 16, 2017
Mike & Katie walk through their decision making process when it comes to rolling poor man's covered puts.
Everyday Trader
Getting Long Volatility
Oct 11, 2017
Mike & Ryan look at some alternative ways to play an increase in implied volatility that they both expect to see in the ...
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tastytrade has entered into a Marketing Agreement with tastylive (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade. tastytrade and Marketing Agent are separate entities with their own products and services. tastylive is the parent company of tastytrade.

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