Yeah, whatever... I don't care. Unleash your animal spirits. Just thought it'd be nice to give some serious consideration to the question for once inside the first hour of it being posted. But.... this is ET so let the shit flinging begin. Should I start? Where's @destriero when you need him?
I don't think I flung any shit. I just questioned the assertion that Options were entirely based on vol. Just following the discussion where it leads. Is there some policy that we can only respond to the OP? serious question. I didn't call names. I actually have a policy to not do that and simply IGNORE name-callers. Like Des, for example. for the record, I much agree with you - there's such a low standard of discussion on ET. It's kind of depressing.
Yeah, it's cool... I was just goofing. I thought context made that clear; guess not. I don't care if you call names, fling shit, act mature or immature. It behooves the reader to look past that which does not concern them. And, for the record, although some people (say @destriero for example) certainly have a "direct manner"... I can appreciate that too. Maybe more than the diplomats. Sometimes it's just better to call out an idiot as such IMHO. They say if you can't handle the heat, get out of the kitchen. Lol Let the shit flinging commence.... everybody! Haven't you seen the show shameless?
thanks. Laugh of the day - watch to the end (1 minute). I call it: Me trading options from the chart and asking ET forum for help. https://rumble.com/v1ygg87-can-we-s...utm_medium=email&utm_campaign=tonyheller&ep=2
Hi there,for the sake of clarity, when you say trade options,are you talking directionally as in Delta bets (stock replacement)
this is why. *Adds* buying power under SPAN and TIMS. Traded a huge concentrated position last week that was only $70K in BP and made $72K on the day, Posted the figure to the "get long" thread. FWIW, pre-split, AAPL vol was tighter than the shares.
I think he's talking about slippage, so I'm assuming he's successfully day trading S&P stocks, but he wants to move to options (more leverage, more moolah) using the same successful techniques. The problem is the spread and the liquidity.
Answering the OP directly who has concerns about spread and liquidity in trading options compared to stocks, perhaps look at options on iShares Silver Trust symbol SLV, which are exceptionally liquid. For example, yesterday the "spread" on call options just outside ATM was one cent, bid .25, ask .26. They are extremely popular amongst those who day trade options for very good reasons!