Using my technical edge to trade options

Discussion in 'Journals' started by athlonmank8, Sep 13, 2019.

  1. Out @ .41. -.20 on this trade.
     
    #11     Sep 17, 2019
  2. ovovats

    ovovats

    What is the strategy that you use to trade your options?
     
    #12     Sep 18, 2019
  3. Picked up a few NFLX 285 puts @ .81. Looking to add a few more around .60. Stop ~.55
     
    #13     Sep 18, 2019
  4. I'm not sure what you mean
     
    #14     Sep 18, 2019
  5. .60 was the number. Stop @ .59 on the added options. Scalped a few @ .71. Got a little anxious on the .80 number hoping for a breakout. This might not hold. May close out before FED.

    Also, I don't use that moving average.
     
    #15     Sep 18, 2019
  6. Out everything except for a couple @ .95. This could turn into a nice swing into Friday
     
    #16     Sep 18, 2019
  7. Out rest @ 1.17. Not bad. Got that low to the penny. Gonna reload if I get the chance to
     
    Last edited: Sep 18, 2019
    #17     Sep 18, 2019
    easymon1 likes this.
  8. ovovats

    ovovats

    Whats your strategy meaning like what makes an option worth trading for you? Whats your edge basically
     
    #18     Sep 18, 2019
  9. Technical charting. I use one type of drawing. Not the traditional approach.

    I'm not sure it's very prudent for me to get into too much detail. If I gave the edge away on here i'm not sure it'd do me much good in the long run unfortunately.
     
    #19     Sep 18, 2019
    Handle123 likes this.
  10. Scooped up some C 68 puts @ .58. Good setup here and low risk.
     
    #20     Oct 7, 2019