smart ass option trade on HD :)

If you meat me, I just trade about 50 contracts a day average.

 

I would roll out too.

 

50 contacts of what? You can trade 50 contacts of PCLN or 50 contracts of MT.

 

None of them. I trade, SBUX, MCD, ADI, AMZN, GLD. AVGO, BA, CAT and maybe another half dozen of other stocks. I do not jump around. I almost never buy options. I always sell. If I am bullish, I sell options, If I am bearish, I sell options too.
50 contracts of PCLN weekly options for the strike price of $2000 would be still 1 cent

 

And everytime your position is 50 contracts?

 

Some bad days are 5 or even nothing. Very good days like 200 to 300 contracts. Multiple trades and not 300 contracts in one position. My biggest one time trade was 600 contracts to roll over a strangle which was 150 contracts on each side (150 x 2 x2).

 

If that option trader could have hold his breath and kept his position (we do not know what he has done), he/she is a winner now (so far).

 

Nothing is certain in a twilight zone of options. La la la la la la la la.