No, not suggesting, just trying to learn too True that Ken enquired about intraday and options are expensive. I have noticed a few times the "unless you are trading the greeks, stick to D1 underlying" concept, and I try to understand why and how when it comes up.
Brilliantly written, excellent points....you're right. Trying to figure out how exactly to buy puts by 10am and sell around 3:30.... with best strikes, minimal slippage... ITM vs OTM tradeoff etc Not sure what date to use in option chain.... this is all fascinating stuff but complicated. Eg if market starts dropping like a brick on monday and you want to buy puts at 10 and sell at 3:30 what's the trade? Is that a valid strategy? Ditto for swing, let's say I want to buy SPY puts Monday morning and sell them on Friday, profiting if mkt drops all week, how's that trade look?
No insult intended, but I hope your put buying fails miserably. All we hear from you is loving the inverses (bearish) and now wanting to buy puts (bearish.) Well, this perma-bull hates people like you! lol!
Expensive relative to what?? He's entering a new dimension where he now has to understand HV,IV, Theta relative to Delta,theta/gamma.... Not sure Ken has a plan formulated
No plan true, not yet, everyone's posts are great insights to help. Right re small tests a good idea. We'll likely get a bounce soon off S&P 50sma, headfake mon or tue Then correction, so getting ready for it
He doesn't have to understand any of that for a basic put/call buying strategy. All I do every day is trade options and none of that matters.