Just look at the price range chart graph with options intraday. There's a rather huge window of opportunity there....if the trader is wise and can seize that overall movement Options are a unique thing...the reward to risk ratio can be greatly skewed if the trader is very precise. You're not risking one just to make one...the reward can be somewhat stretched
Hello DarkerthanDarc, I do not like stocks, because its too much work searching for stocks. I did buy TQQQ, SOXL and TSLL when market crash a few weeks ago with my uncle. He was able to pay off some debt with some of the money, so he is VERY happy. He did not know anything about stocks until I tell him what to do. So I am hooked him up on some money.
Move over @demoncore @newwurldmn @wxytrader , SML is coming for youse. Hes found out how easy Options are.
Hello LionsWarthogsMillions, Yes, you right. I be scalping that damn SPX options. I lost a few times but Trying to bet big on it and get rich faster. All or nothing.
You can't really Scalp with options...even when you win you'll be just breaking even. You have to precisely nail a much larger market move....and this is the difficult part for most people. Knowing, anticipating, the future,
Hello LionsWarthogsMillions, Yes, you are right, I have to hold those options winners longer to get the big money.
Good Evening DarkerthanDarc, Why are you leaving? What is wrong? I hope I did not offend you. You are good buddy.
Good Evening LionsWarthogsMillions, Yes that is what I am seeing. Scalping the options loses opportunity cost especially gambling with with low capital account. Big account its ok. But little account not going to cut it. Have to bet big