Time stop for long option?

Discussion in 'Options' started by a529612, Oct 10, 2006.

  1. What time stop rule do you use when you are long front month call or put but the market is moving sideways?
  2. Long or short, I set a delta stop. This incorporates time, and IV, and spot. For example, go long a 0.30 delta call, close out if the delta touches 0.20.
  3. Interesting. What platforms offer a delta stop?
  4. billp


    1.5 weeks before expiration
  5. None to my knowledge.