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re: Options Trading Thread

Posted on 4/9/24 at 3:13 pm to
Posted by Jag_Warrior
Virginia
Member since May 2015
4126 posts
Posted on 4/9/24 at 3:13 pm to
quote:

I do more of a percentage.. between 35% up. I have never been "greedy". Profit is profit. Advise on that?


Not really. Especially with shorter dated options, gamma can get wild. So establishing an acceptable percentage profit target, and sticking to it, is certainly the wiser strategy than falling prey to greed.
Posted by BCreed1
Alabama
Member since Jan 2024
1288 posts
Posted on 4/10/24 at 8:23 am to
Ok, my put spreads on TQQQ are looking good. My SPY will have 2 days to recoup.


So Jag, let's talk about your VIX trading. It's up today. In your world of trading what does that mean?
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