Blockhead Traders Weekly

In this week’s episode, sprocket888 and viperxl007 share a bit about what is on their minds these days. There has been quite a market pull down with all the uncertainty in the world. This has caused a lot of pressure on profits for sprocket and viper. So what are they up to? This episode looks…  Read More » Trading is not always exciting and full of profit

The world events unfolding right now in Eastern Europe are heartbreaking. Many aspects of what is going on there are troubling in so many ways. It is refreshing to see technology that has empowered everyday people with the ability to provide aid to Ukraine. This technology is just as unprecedented as the events unfolding in…  Read More » Ukraine leverages blockchain’s unmatch...

In this week’s episode, sprocket and viper jump back to the equity markets to look at volatility. With all the unknowns in the market and all the world events, volatility is VERY high. This high volatility can strike fear and panic in market participants. However, if you understand what volatility means and how you can…  Read More » Volatility is high: should you be scared?

In this week’s episode, sprocket and viper pose the question, Why Crypto? They openly discuss various pros and cons of the world of crypto. These are just their thoughts and opinions shared to help you ask similar questions to yourself. The goal of this episode is to share insight and understanding with the audience from…  Read More » Why Crypto?: A conversation on the questi...

In this week’s episode, sprocket needs to pick up his assets from a Rytell pool and move them. In last week’s episode of taking the crypto plunge, sprocket staked some assets in a liquidity pool at Rytell. This pool has super boosted rewards for a limited time. Since that episode, the pool has ended this…  Read More » Limited time offer pool shutting down: moving time

In this week’s episode, sprocket takes the crypto plunge. sprocket is interested in chikn.farm but is not ready to pay the amount needed to buy some chikns. So the plan is to invest in some assets that will build over time to allow for the eventual purchase of chikn, but until then, we will collect…  Read More » Taking the crypto plunge

In this week’s episode, viper and sprocket make a hypothetical trade on PYPL. They talk through in plain English what each side of an options trade might look like. viper takes the side of the option buyer, and sprocket takes the side of the option seller. In this example, we highlight how there is not…  Read More » Selling a naked put explained in plain English

In this week’s episode, viper and sprocket, look back at recent trades we made to update you on how they worked out for us. viper could declare a significant victory in one and pick up some good experience on the other without losing money. sprocket was not as lucky with $PTON and booked a loss;…  Read More » Revisiting trades: $PTON and $/RTY 3.7% DROP but not so much as a s...

In this week’s episode, viper and sprocket break crypto down into the three fundamental building blocks: currency (Coins and Tokens), ledgers (Blockchains), and objects (NFTs). When we talk about these items, we draw an analogy to things familiar to everyone, money, trains, buses, resorts, and wallets. This probably could have been a good pt one…  Read More » Intro to Crypto...

In this week’s episode, viper and sprocket look back at 2021 and reveal how it went for their respective trading strategy and portfolio. viper discusses many lessons learned and how he has taken 2021 and grown as a trader. He then discusses how in 2022, he will be taking steps to dial in his strategy…  Read More » Reflecting back on 2021: How did our portfolios do?

In this week’s episode, sprocket888 introduces viperxl007 to futures. We talk about what a future is and what they are used for. Then we quickly narrow down the focus to just futures on indexes. Specifically options on these futures. sprocket888 shows the return on capital rates with options on futures indexes are over 4x the…  Read More » What are Futures? Can they boost my...

This week’s episode, sprocket888, talks through the details of a naked put play deployed on $PTON. While this example is on $PTON, the mechanics can be used everywhere. It is essential to understand the why and the how of the trades so that you can take the technique and apply this to any underlying that…  Read More » 7.2% in under 40 days: A naked Put on $PTON

In this week’s episode, sprocket888 talks through the details of a covered call play deployed on $PGR. While this example is on $PGR, the mechanics can be used everywhere. It is essential to understand the why and the how of the trades so that you can take the technique and apply this to any underlying…  Read More » A Covered Call play turning 5.6% return in under a month

In this week’s episode, we continue our multi-part series to look at the world of crypto and attempt to demystify and explain it. In Part 3 of the series, we will look at what a CEX and a DEX are, how to move assets around practically, and what to expect. We will also dip into…  Read More » Intro to Crypto Part 3: CEX, DEX, and crypto asset movement

In this week’s episode, we take a break from our crypto topic and return to the world of equities. viperxl007 had set up a bunch of auto-plays about a month and a half ago. We take a look at each one of these. What was the play, and how did it work out? The tickers…  Read More » Volatility Ahoy! and a look back at some fully automated trades

In this week’s episode, we continue our multi-part series to look at the world of crypto and attempt to demystify and explain it in this Part 2 of the series. This episode is on NFTs, DAPPs, DAOs, and Defi. However, we start with some viewer-requested content on the energy consumption that crypto is famous for.…  Read More » Intro to Crypto Part 2: NFTs, DAPPs, DAOs, DeFi, Oh...

In this week’s episode, sprocket888 is marking his second anniversary in his current trading journey. In 2019, it was tugging at him that there had to be a more efficient path to wealth creation, and so began his journey to creating his current trading strategy. In this episode, sprocket looks back at how it all…  Read More » What have I learned in 2 years: sprocket888’...

In this week’s episode, we embark on a multi-part series to look at the world of crypto and attempt to demystify and explain it. In this Part 1 of the series, we start with the basics: the blockchain, the coins, and the tokens. sprocket888 and viperxl007 start introducing the series and then level setting with…  Read More » Intro to Crypto Part 1: What is a block-chain, a coi...

In this week’s episode, we take a peek into viperxl007’s day trading thought process. viper covers day trading an IPO ($RIVN) and a well-established position ($SHIB). From there, sprocket888 expands just a bit on last week’s video and shows you how to leverage order templates to make your day trading safer and more efficient. 00:00…  Read More » viperxl007’s...

In this week’s episode, sprocket888 takes you on a live recorded scalping session. In this session, we will touch on the indicators he uses for quick intraday scalps on any underlying. The underlying is $/NG (Natural Gas futures) in the session. But the same setup and indicators will work for whatever you like to trade.…  Read More » sprocket888’s scalping setup: a look...

In this week’s episode, sprocket888 is joined by viperxl007. They look at some of the calls on earnings that they made last week to check and see how suitable the calls were. They also add a new play on AAPL ahead of earnings. viperxl007 talks about the mechanics of how to make a play on…  Read More » Trading Update on Earnings Round 1 Plays: $TWTR, $LC, $AAPL, and $SOL

In this week’s episode, sprocket888 looks at the upcoming week and some potential earnings plays that look ripe for the picking. Please note that earnings plays can be very dangerous and are very binary. There is often no reaction time to adjust or change your position. sprocket888 is looking for shorting volatility going into earnings;…  Read More » Possible Q3 Earnings Roun...

In this week’s episode, sprocket888 and viperxl007, look at $SESN, which has picked up in volume and price this week. Several weeks ago, they made a play on $SESN. This could be the start of the move we were waiting for. After really diffing into $SESN, we retake a look this week on $SHIB. This…  Read More » $SESN breakout? plus crypto and price action, $SESN and $SHIB

In this week’s episode, sprocket888 and viperxl007 are joined by fellow Discord trader death8u. This episode is a deep dive into price action trading. We use two recent trades to discuss the trades and then dive into price action discussions on the charts. First up is viperxl007’s trade on the meme on a meme coin…  Read More » Price action on crypto and social: $SHIB an...

In this week’s episode, sprocket888 is treading water, and viperxl007 is dodging bullets. sprocket888 only sold some covered calls on positions he had ($C and $AAPL). viperxl007 has a clean slate and has played in a lot of tickers. viperxl007 played $SFIX, $AVIR, $MVIS, $BATUSD, and $LTCUSD 0:00 Disclaimer 0:23 Intro 1:24 sprocket888 weekly recap…  Read More » Treading water...