Active Option Traders, what is your preference?

Discussion in 'Options' started by Robert Morse, Nov 29, 2023.

When you trade options, do you prefer to use:

Poll closed Dec 13, 2023.
  1. Desktop program

    72.7%
  2. Mobile app

    3.0%
  3. I “need” both

    24.2%
  1. Robert Morse

    Robert Morse Sponsor

    I would define an Active Option Trader as one that looks to trade options every day or very often. I’m interested to know how important the trading tool is for your trading.

    Bob
     
  2. Have no time to (re)start the laptop after work. Wife kids etc. Got a full time job during day and trading in between day and evening (usually after work). Trading in my case involves small positions in options spreads. Hope this helps your case.
     
  3. Robert Morse

    Robert Morse Sponsor

    Thank you.

     
  4. newwurldmn

    newwurldmn

    I picked desktop. When i travel, i trade through a VPN to my home desktop.
     
  5. Robert Morse

    Robert Morse Sponsor

    I personally would only trade options using desktop software unless it was to adjust limit orders sent on the desktop, with a mobile app. That said, we are working on a number of projects, this is one of them. https://lightspeed.com/about-us/news/Lightspeed-announces-the-acquisition-of-Optionality - https://optionalitytrading.com/
    Optionality is a modern mobile app that provides a retail trader with tools to trade option spreads. I have not seen it yet and it still needs to be added to our systems and tested. I was interested to see the need for this type of technology.
     
  6. newwurldmn

    newwurldmn

    the most i can do while on the road is adjusting open orders and delta hedging.
     
  7. curious why you would not automate this?
     
  8. newwurldmn

    newwurldmn

    I don’t delta hedge systematically
     
    IV_Trader likes this.
  9. ironchef

    ironchef

    As a retail, MacBook Pro. Carry with me everywhere I go, cruise, out of town, out of the country...
     
  10. qlai

    qlai

    Strange question to ask in 2023, no?
     
    #10     Nov 29, 2023