best options strategies for advanced beginners

Discussion in 'Options' started by shMark, Jan 28, 2024.

  1. shMark

    shMark

    It certainly is. lol
     
    #51     Feb 4, 2024
  2. ironchef

    ironchef

    Yes, in that case don't bet the farm.

    There is an old saying: hungry dog hunts best and you are not hungry.
     
    #52     Feb 4, 2024
  3. ONLY trade strategies on the indexes, NEVER sell naked, you'll be lucky to make 3% p.a.
     
    #53     Feb 5, 2024
  4. taowave

    taowave

    If you are a "decent" derivatives trader/market maker,options most certainly exist in a vacum.

    And if you are a decent directional trader,Im not so sure why a newbie would want to trade options (other than leverage/punting/charitable contribution)


     
    Last edited: Jun 27, 2024
    #54     Jun 27, 2024
    Flynrider and Zwaen like this.
  5. Zwaen

    Zwaen

    Suppose you are a directional trader who wants to be longer term invested, in my view one can use the longer expiration and convert the postion somewhat when you want to 'take tempory profits', or expect slower momentum* after a relatively large move. Or use t/g for creating spreads/calenders. Do you disagree with this?(really curious)


    * ofcourse the assumption one can anyhow predict this beyond random, which can be a futile attempt
     
    #55     Jun 28, 2024
  6. taowave

    taowave

    Does T/G stand for Theta / Gamma??







     
    #56     Jun 28, 2024

  7. Question was about a beginner...why are you bringing up market making? You have to read comments in context...

    Also I said in analyzing stocks, not in being a stock directional trader..... you got to read a little
     
    #57     Jun 28, 2024
  8. taowave

    taowave

    Its beyond your scope and I read too much..


     
    #58     Jun 28, 2024
  9. newwurldmn

    newwurldmn

    I know both of you. You both are good guys and both have quite a bit of experience in this field.
     
    #59     Jun 28, 2024
  10. taowave

    taowave

    Who are you and what have you done with NWD?


     
    #60     Jun 28, 2024