Have you traded AAPL options for a while?

Discussion in 'Trading' started by NoDoji, Jul 15, 2008.

  1. NoDoji


    Looking for input from active AAPL options traders: I started watching AAPL's charts about a month ago and got familiar with its short term s/r trends. I generally trade back month options and hold them a while, but when I noticed how liquid these options were I day traded them successfully a couple times, then traded them again late in the day last Fri for a solid overnight gain. I generally trade 5-20 contracts, but am considering larger positions intraday, because I've been pretty spot on "paper trading" the intraday trends.

    I have a primary concern: 3 for 3 successful trades does not constitute a trend, and I wonder if I'm asking for trouble trading larger positions (50-100 contracts).

    Anyone with ample experience with this one care to give this noob advice?