Recent Content by BamaTrader

  1. Profitable Options Trading Strategy

    Another choice would be just covered calls. Find a stock you don’t mind owning, buy 100 shares and start doing CCs on it. Basically sell a 30 or...
    Post by: BamaTrader, Feb 1, 2021 in forum: Options

  2. Profitable Options Trading Strategy

    It looks to me like you are way overthinking it. A simple way to get involved is to use the wheel strategy. Basically CSPs and CCs. Start slow...
    Post by: BamaTrader, Feb 1, 2021 in forum: Options

  3. Future of Options?

    I think you will see a movement from 2 day settlement to 1 day and eventually instantaneous. Please don’t make trading be 24/7. No one wants to...
    Post by: BamaTrader, Jan 30, 2021 in forum: Options

  4. At what time of day does an option officially expire?

    I guess I did not exactly answer you. As was answered, it is based on the 4et closing of the markets but as stated that sometimes is delayed due...
    Post by: BamaTrader, Jan 30, 2021 in forum: Options

  5. At what time of day does an option officially expire?

    Auto assignment is based on the closing price on the day of expiration. But where it gets a little murky is that the option buyer has that narrow...
    Post by: BamaTrader, Jan 30, 2021 in forum: Options

  6. At what time of day does an option officially expire?

    I think the more complete answer is that an option expires at 1159 pm on expiration day. It will be auto assigned based on the closing price of...
    Post by: BamaTrader, Jan 29, 2021 in forum: Options