S&P ripped up 14 pts in the 3:30 candle. Obviously it could have gone up on no news but was curious.
news around 3:30 ?
Interesting. Thanks.
Good idea.
I guess I could and keep placing orders close and closer to NBBO and see when it doesn't get rejected.
SPX OPTIONS [IMG] Does anyone know if you are placing a limit order to open or close a fast moving SPX option, how far away from current bid and...
Used the plural because I'm buying more than 1 contract,not combinations.
When buying SPX options it doesn't make sense for me to swing trade ITM options. Usually holding for only a few days. If the market gaps up the...
Agree . Should have specified more. When I trade Options they are OTM and I'm looking for a decent size move hence the better risk verses reward...
I trade Index futures ES/RTY/YM and SPX options. Seems like Risk verses reward is much better with options but win rate is lower. Never hold...
Would think further OTM will have a lower win rate ,but when the big move does happen will be a much larger % gain.
Very true.Also in a trending market trying to keep the win rate high will make you close out winners early,fearing they will turn into a loss....
Couldn't agree more!! Generally if you have a viable strategy as you make you stops wider your win rate goes up. Key here is viable strategy.
YM is very thin also,I thinks that's why it takes such big jumps quickly compared to before.
Interesting. Did affect the cash open?
It's crazy it seems jumpier than a few days ago when the Vix was higher.
Any notice the moves in a few seconds seem to be much larger in YM the last few days?
I welcome the weekend,definitely refreshing. Am very careful with Monday AM to make sure I have analyzed the mkt sufficiently. Because of being...
Agree .Also I would assume he is using a hard stop and even so there would be occasional slippage.Would also like to know how wide his stop is.If...
Last couple of days I noticed YM jumping in 5-10 point increments in a second or so. iT used to only do that near the open and close.
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