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About Bob
Bob Lang is a private trader who acts as an options trading mentor, providing trade ideas based on what he's doing for his own clients. He is one of Jim Cramer's go-to technical experts on Mad Money and contributes to TheStreet.com.
Bob's Articles
We are all human, and we will make trading mistakes, even in a bull market. Yes, it’s frustrating to do so when trading “should be easy.” (Hint: It never is.), states Bob Lang of ExplosiveOptions.net.
Bob Lang
ASSET PROTECTION
You just received the awesome news about a new stock added to the S&P 500. You check your portfolio and by gosh, you own it, exclaims Bob Lang of ExplosiveOptions.net.
Two weeks ago, I wrote about what Roger Federer can teach you about accepting losing trades. Last week, I wrote about what to do when you have a winning trade. Now let’s talk about how to handle trading losses, because all these lessons work together. Let’s review the previous two lessons first, states Bob Lang of ExplosiveOptions.net.
Bob Lang
TRADING TOOLS
When you have a winning trade, there is only one thing to do: sell and take the profits. Sure, there could be more profits to be had, but if you insist on holding out, you could be left holding the bag, states Bob Lang of ExplosiveOptions.net.
Bob's Videos
There is nothing better than being able to control investment/trading losses by using puts, yet so many refuse to use them. It's hard to give money away so easily and that is what traders/investors believe happens when you buy puts. But let me show you how important it is to use puts strategically to help reduce portfolio volatility, limit losses, and even make money in the process!
Bob Lang
OPTIONS
35:32
When volatility is low options are cheap points out Bob Lang, who encourages traders to view this as low-cost portfolio insurance.
Bob Lang
OPTIONS
3:19
Bob Lang explains how to trade earnings reports using out-of-the-money puts and calls. Why Netflix broke down in July and how you can spot profitab
Bob Lang
OPTIONS
3:21
Bob Lang explains how to use puts to buy protection in volatile market conditions. How to deal with big moves to the downside. Why executing calend
Bob Lang
OPTIONS
4:05
Bob's Books
Bob Lang
Know Your Options: How to Build Wealth Using Proven Options Trading Strategies and Technical Analysis
Co-authored by Bob Lang, one of the industry’s top technicians, this is the only book on the market that provides background information on how options trading works, how to succeed over the long-term, and how to use technical analysis to find winning trades. It also includes detailed examples of what strategies to use, when to use them, and how to us