How Many Underlying Are You Working With ?

Discussion in 'Options' started by Arnie Guitar, Apr 25, 2025.

  1. 100%. Better to know one market inside-out than spread yourself too thin.
     
    #11     Apr 27, 2025
  2. SPY
     
    #12     Apr 27, 2025
  3. My 25 Underlying Options are a mix of:
    Covered Calls
    Verticals
    Diagnols

    I've been doing some "Overwriting".
    Not full blown Nekked Calls,
    But 20-80 shares short.

    Currently, some of the ""Overwrites" are,
    AAL
    BAC
    FCX
    KMI
    OXY
    QUBT
    RGTI
    WMT
    T
    X
     
    Last edited: Apr 27, 2025
    #13     Apr 27, 2025
  4. spy

    spy

    I guess this means that they change on occasion... what's the rhyme/reason you use to shift different underliers in and out of your purview?
     
    #14     Apr 27, 2025
  5. Oh gosh, while I've been looking at charts more than I used to,
    it's just how things look, the current narrative, etc...

    Sometimes I might do better throwing darts at a dartboard.

    I'm just playin' the ponies.
    (like everyone else...)
     
    #15     Apr 27, 2025
    spy likes this.