day trading and greeks

Discussion in 'Options' started by happy trading, Jan 13, 2021.

  1. if i day trading options that have a week or two till expiration, should i take into account the theta and vega. or they mainly change during the market close and i should not worry about it changing in middle of a trade?
     
  2. JSOP

    JSOP

    You should always mind the greeks no matter how long until expiration the option has. In fact, you should mind it more the longer until expiration an option has.
     
  3. newwurldmn

    newwurldmn

    Unlikley they will be relevant over a short time period.
     
  4. ironchef

    ironchef

    Someone here once told me to look at charts like this and advised me not to day trade options. Instead, swing options as they generally tracked underlying direction quite well:

    upload_2021-1-13_21-6-50.png
     
  5. You should definitely focus on the greeks and don’t ignore it no matter what. Good luck to you.