Yup, no problem. Always happy to help a fellow options trader (who is using them correctly, and not just to get inappropriate amounts of leverage )
I used ThinkorSwim but it's un unavailable for Canada. The only platform at a decent price for options in Canada is Interactive Brockers. All others are so expensive that it grabs way to much of your profit. When I choose a stock, it is because I know this stock for a while because i'va been trading it and have a better feeling of it's mouvements. As for the strike I choose, I like to have 90%+ chances not being exercised and usually take 30 days or so.
I only trade with the money I actually have in that account which is a small portion (10-20 %) of my total investment portfolio.
The one change you might consider is trading wider spreads with reduced number of contracts. This will reduce commissions and might improve slippage.
No, just a long enough term market bias to where I could play them between earnings seasons. But I do open the longs optimistically on low volatility, and the shorts on high.
90% or more is the number I get in ThinkorSwim, I like to stay on the safe side for now and this is what I consider relatively safe for me. It might change in the futur, will see. What about you, would you do those ones without spreading it ?
....might improve slippage....Whatdo you mean ? I guess my english is lacking here, sorry if it looks like a silly question !