IgazI wrote:aliassmith wrote:This shows that my timing was garbage.
Over 200% so far today. Ugh!
You're too addicted to stop now! Time to start an options thread =)
No doubt I'm addicted. There won't be an options thread. After 12 years here I'm threaded out.
If you want to know what I am doing it is a combination of what Leo from 13 market moves and Options Millionaire does. They are both on youtube.
I didn't buy any of their wares.
Basics about options videos are all over youtube.
Think or Swim and Webull have actual charts of the option prices. Which I find useful.
I use same charting ideas I use in forex. ATR or daily range also is good info. If you know AAPL moves $2 a day you can make a strategy based on that.
With the stocks you might want to use some "funny mentals".
Something simple like iphone 13 came out and so far it didn't burn down houses. This would be overall bullish for AAPL.
Pick your money management. There is super conservative up to YOLO.
Thats all I use. I don't use the greeks. They are more for various spreads. Well I guess I do think about time decay when choosing my days to expiration.