How to short the S&P using options? Day & swing puts

Discussion in 'Options' started by KCalhoun, Sep 11, 2021.

  1. destriero

    destriero


    Yeah, that would've worked. About a double. No way he could have bought 1.30.
     
    #231     Sep 20, 2021
    ondafringe likes this.
  2. taowave

    taowave

    You nailed it on the sell half hour before close


     
    #232     Sep 20, 2021

  3. All in a day's work for a piker/paper trader like me.
     
    #233     Sep 20, 2021
    taowave and SPX Options Trader like this.
  4. KCalhoun

    KCalhoun

    Lol paper
     
    #234     Sep 20, 2021
    • S&P Futures down 0.30%.
    • Perhaps Monday might be a good day for the SPY Puts that expire Monday.
    • Buy 1-strike OTM at market open.
    • Sell 1/2 hour before market closes.

    Disclaimer: The above trade may or may not be entered. It is not a trade recommendation. Do your own due diligence.
     
    #235     Oct 3, 2021
    KCalhoun likes this.


    • SPY 432 Put at open $1.19.
    • At 3:30pm EST $4.16.
     
    #236     Oct 4, 2021
    emulimu, morganpbrown and ondafringe like this.
  5. xandman

    xandman

    Brutal reversal in the making today. My canary just died.
     
    #237     Oct 5, 2021
  6. darp

    darp

    The best method I have come up is this How To Short Tesla With 77% Chance To Win, Make 35% If It Sits Still And With Low Risk (NASDAQ:TSLA) | Seeking Alpha

    BTW after being ahead on TSLA with these because it was going up so much when got even stopped doing it. Am still looking for a better method, but this is best have found. I am the author of that Seeking Alpha article.
     
    #238     Oct 16, 2021
    KCalhoun and xandman like this.
  7. xandman

    xandman

    The first diagonal is interesting. However, I would have executed the spread with the underlying on the rightmost to express the bearish view.
     
    #239     Oct 16, 2021
  8. darp

    darp

    Yes if it will drop more much better. Do you know of better way to hedge market with small money and low neg theta or positive theta?
     
    #240     Oct 16, 2021