Discussion in 'Options' started by ramaTrade, Aug 26, 2009.
Both my directional trade and spread trade sizes are between 20 and 400,
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.
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.
if ITM call, one lot
if vertical, I try to get ~70-80 delta
this is roughly 4-5 verticals.
Separate names with a comma.