How many lots do you trade for directional and spreads ?

Discussion in 'Options' started by ramaTrade, Aug 26, 2009.

How many lots do you trade for directional moves and spreads ?

Poll closed Aug 31, 2009.

  1. < 2

    0 vote(s)
    0.0%

  2. >= 2 but < 20

    4 vote(s)
    50.0%

  3. >= 20 but < 100

    2 vote(s)
    25.0%

  4. >= 100 but < 500

    1 vote(s)
    12.5%

  5. >= 500 but < 1000

    0 vote(s)
    0.0%

  6. >= 1000

    1 vote(s)
    12.5%
  1. ramaTrade

    ramaTrade

    Both my directional trade and spread trade sizes are between 20 and 400,
     
    #1     Aug 26, 2009
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  2. ramaTrade

    ramaTrade

    My smallest size is 2 lots but I usually trades 40 to 80 lots
    with premium at least 80 cents.

    My biggest trade is 800 YHOO call options, plain call buying.
     
    #2     Aug 26, 2009
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  3. xflat2186

    xflat2186

    Does it matter what size lots people trade? The real issue is that buying options to leverage your directional guesses in the market and time the markets historically is a loser.
     
    #3     Aug 26, 2009
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  4. erol

    erol

    if ITM call, one lot

    if vertical, I try to get ~70-80 delta

    this is roughly 4-5 verticals.
     
    #4     Aug 26, 2009
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