delta trader

Discussion in 'Options' started by emjroll, Jan 24, 2006.

Delta neutral or market speculator?

  1. Delta neutral

    6 vote(s)
    40.0%
  2. Market direction

    8 vote(s)
    53.3%
  1. emjroll

    emjroll

    Are most options traders here trading vol (staying delta neutral) or speculating on market direction?
     
  2. Buy1Sell2

    Buy1Sell2

    I generally am directional. I sell options but try to have a good idea where the next move will be.
     
  3. The more successful tend to trade vol, gamma and directional. Not to start an argument, but DN is a fallacy.
     
    bikgup likes this.
  4. Buy1Sell2

    Buy1Sell2

    What I do to be successful is to use directional analysis to determine market peaks and troughs. At that time option premiums are generally the highest and so I collect out of the money premium. Surely, with directional analysis , I can just trade the underlying and forget about options, but this allows me more leeway in terms of defensive strategy. I do trade the underlying as well if it makes sense by the way.
     
  5. Buy1Sell2

    Buy1Sell2

    This is a lot of what I still do 13 yrs hence.
     
    ironchef likes this.
  6. Buy1Sell2

    Buy1Sell2

    vol and gamma are relatively unimportant considerations.
     
  7. RRY16

    RRY16

    Des is chilling , quit trying to get clicks, your scam is old.
     
    srinir likes this.
  8. srinir

    srinir

    stick to paper trading
     
  9. Buy1Sell2

    Buy1Sell2

    Were I paper trading, I would consider your advice.
     
    srinir likes this.