But getting out 30 min before the close would've been cool?
Then it worked?
Seriously? Wow. Can't take anything for granted. Wish I had had a way of watching that. It would probably have been a good learning experience.
lol I trade micro-futures. I'm only looking into options to see if a better understanding of them might help me in my future's trading.
I don't have option software, but that looks like a nice call.
Okay, more insights. I'll take the things you've pointed out in this thread, along with those from others, and spend some time over on Market...
You seem to be getting insurance mixed up with your 0-DTE and 1-DTE trading. Not the same thing.
Let me see if I got that right: Don't buy health insurance unless you know you're going to get sick. Don't buy life insurance unless you know...
Thanks for the explanation. I had a feeling it wasn't going to be straightforward! lol I've been using the free part of Market Chameleon. Maybe I...
Since this thread is not dead... yet... and if anyone left is in a teaching mood... Mr. M indicated that you have to compare IV to RV/HV or to...
Rickshaw lives in your head rent free. lol And I agree, you don't have to watch index futures for long to realize that, if you want to make huge...
Still parsing this... and just thinking out loud. BTW, I indicated SPY Wednesday in my previous post, but I meant to say SPY Monday expiry. So...
Do you only trade 0-DTE... Or do you also trade 1-DTE, but don't hold overnight?
If you are bullish, and looking at where the SPY Wednesday options are now, that would mean buying the 435 call's high delta, instead of the 442...
That is fascinating and appears to be the missing link for day trades. Thank you for taking the time to write all this up.
Thank you for the explanation. So... when you look at quotes on options chains available on the 'Net and it shows IV @ 0.20, you can't actually...
Exactly!! Only he claims options will give a better return, percent-wise, than futures, yet he also says he knows nothing about futures. From...
Since I'm not an options guy, I know you're dying to hear my suggestions. lol And looking at your position, earlier today, you were down 85...
Not gonna happen. If he wouldn't respond to the scenario I presented, using his own comments as a setup, he certainly isn't going to start and...
Good luck. I pretty much told him the same thing. lol
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