option spreads

Discussion in 'Psychology' started by loufah, Nov 20, 2006.

  1. I will not daytrade options whose spread is 1.5% of the underlying.
    I will not daytrade options whose spread is 1.5% of the underlying.
    I will not daytrade options whose spread is 1.5% of the underlying.

    Actually, I made money on ASCA today, but in retrospect it was pretty risky trading something with a 40 to 50 cent spread and IV that was decreasing hour by hour.