Do you trade a one underlying or many different ones?

Discussion in 'Options' started by Adamoptions, May 27, 2003.

  1. I'm reading about two types of option traders. Those that follow one or two underlyings, like an index, AND those that look for extremes in implied volatility and/or technical patterns in any stock or future. Which type are you and why?
  2. I prefer technical analysis, I prefer to trade with the trend (as long as it is strong and the price is validated by some other analysis), It is what works best for me.
  3. I have always preferred to monitor a basket of instruments/symbols and trade what was happening, picking the best.

    So with options now, at any one time I might have put and call verticals for fast moving stuff, put and call calendars for slower moving stuff, and butterflies for the range bound ones. All debit spreads.