Back into Apple with the following: AAPL Mar12 123 CALL @ $3.50 The 125 strike was only ~$0.75 less, so I lowered the strike by $2 and it cost me <$1. I'm good with that....

Let's Trade Options

I have a few Hail Mary bids out, but spreads are wide today. Maybe I'll get some surprises, though.....sometimes a bid or ask gets hit when it doesn't even show on the Level II quotes.....

Let's Trade Options

Out of the following: AAPL Mar12 125 CALL @ $4.20 up from $3.00 Looking to get back in if price drops enough.....

Let's Trade Options

Out of the following: KAR Mar19 15 CALL @ $0.60 up form $0.45 Not a lot, but stock volume started drying up yesterday, so I'll take it....

Let's Trade Options

Yeah, I like the shorter time to expiration, it makes the options cheaper. As long as I have about 7 days minimum, I'm good. As I mentioned, I like to trade the near-the-money options and since the strike price has to be fairly deep in-the-money for ...

Let's Trade Options

I don't normally trade off the Weekly or Monthly charts, because 3-4 candles on a Monthly chart is a full quarter, and a lot can happen in that time plus i just don't like to wait that long. That being said, I have found the charts to typically be ...

Let's Trade Options

In the following: AAPL Mar12 125 CALL @ $3.00 I should have been watching it yesterday, could have gotten it WAYYYYY cheaper!!...but by that logic, I should have been born rich, so......

Let's Trade Options

SE, Thanks for the explanation. Your method is simple to you but would definitely be a paradigm shift for me....as mine might be for you. I think that is the great thing about trading, there are many ways to make the money in a million different ...

Let's Trade Options

Be careful, it is easy to get information overload which will lead to analysis paralysis, where majority of the time is trying to wrap you head around what to do next. I try to limit my stress, so I never use intraday charts for options. I also ...

Let's Trade Options

Hi SE, I trade extreme overbought/oversold situations exclusively, and base my candidates 100% off technical analysis. I don't really pay attention to volatility or time decay or any of the other Greeks as they are already priced into the option and ...

Let's Trade Options

Out of the following: VSAT Mar19 50 PUT @ $2.10 up from $0.85

Let's Trade Options

This should be KAR Mar19 15 CALL @ $0.45 rather than 12.5 CALL.....

Let's Trade Options

Out of the following: AAL Mar12 19.5 PUT @ $1.20 up from $0.84. Didn't expect a drop like that the first 30 minutes, but I'll take it! In the following: AAL Mar19 21 PUT @ $1.65 NOTE: This trade is off the weekly chart....

Let's Trade Options

Another method of options trading is just straight PUT/CALL options based on overbought/oversold conditions. For short term trades the greeks (other than Delta) become minor factors in the success of the trade. Just something to think about....

Who is the primary driver of option trades?

Hi there, JP. Actually, this isn't very unusual for the S&P or any of the major indexes, especially around lunchtime (New York time). It is far less intimidating on the Daily chart. The way I see it on my charts, it is going to be headed towards the ...

S&P 500 reverse

In the following: AAL Mar12 19.5 PUT @ $0.84 average Didn't expect it, but was hit before lunch, so a nice little surprise. Sometimes those Hail Mary bids get picked up, so always worth a shot...

Let's Trade Options

In the following: KAR Mar19 12.5 CALL @ $0.45

Let's Trade Options

All of my trades posted now are based on the Daily chart, but I am going to do a few trades off Weekly and Monthly charts using my same indicators, just adjusted for those different time frames (and will annotate if a longer term chart is used when ...

Let's Trade Options

Out of the following: KWEB Feb19 105 PUT @ $5.85 up from $3.40

Let's Trade Options

In the following: KWEB Feb19 105 PUT @ $3.40

Let's Trade Options