Been researching and noting that C and SPY are consistently #1 and #2 in total daily option volume. What in the world is the deal with C leading in option volume? Really blowing away all others except SPY in option volume? The underlying C stock hardly ever moves. How are traders making $$ cash trading C options? Because someone is obviously trading them...look forward to the experience and insight of traders trading C...or even SPY...thanks in advance...
I am talking about daytrading C options or 1-3 day at most C option trades...not old school "buy and hold" for one month C option trading...
1) Oh God! You're back. 2) Stock trading volume and option trading volume go hand-in-hand. 3) With a cheapy stock such as "C", you're better off to daytrade it instead of its options because they'll move too slowly off the bid/ask.
Good point. C is a poor candidate because its intraday volatility is lousy but if a stock is < $5, it's a better trade it than its options.
There are probably a lot of bag holders hoping to make back the $50 they lost in the '07-08 fall by writing OTM covered calls.
this implies that you got a "fat cash bag $$$" to trade C stock with...it takes less $$ cash trading options to make significant money...
Please stop pissing in this sandbox. The OI and volume is not predictive of anything beyond liquidity.