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Day Trading Options

Posted on 12/15/20 at 6:52 pm
Posted by facelessman07
Member since Jan 2019
197 posts
Posted on 12/15/20 at 6:52 pm
Anyone else partake in this type of trading?

Been the source of my most profitable and most unsuccessful moves in the market.
Posted by Tigerfan56
Member since May 2010
10521 posts
Posted on 12/15/20 at 7:01 pm to
quote:

Day Trading Options


quote:

Been the source of my most profitable and most unsuccessful moves in the market.


Yeah I don’t doubt that
This post was edited on 12/15/20 at 7:02 pm
Posted by Boh
Baton Rouge
Member since Oct 2009
12357 posts
Posted on 12/15/20 at 7:49 pm to
I’ve made plenty of dumb movies trying to trade stocks. For someone like me, trading options would be a next level type of stupidity that I plan on avoiding.

I’m not smart enough for the shite
Posted by CajunTiger92
Member since Dec 2007
2821 posts
Posted on 12/15/20 at 8:48 pm to
I have occasionally traded options but no where close to day trading. You have to get both timing and direction right. When you get it right you can make big returns. Get it wrong and you could loose the entire bet. It’s very hard to win over the long term. You are a small fish swimming with sharks that have way more tools, training and inside knowledge.
Posted by makersmark1
earth
Member since Oct 2011
15965 posts
Posted on 12/15/20 at 8:53 pm to
I only sell covered calls and cash secured puts.

Posted by Toula
504
Member since Dec 2006
35399 posts
Posted on 12/16/20 at 8:14 am to
I focus on covered calls and try and find 3-5% return a week on premiums. I look at ones with 10-15% chance of finishing ITM. I've only had to sell my shares a handful of times, and those were easy to let go for the weekly return.
Posted by tissle
Member since Jul 2009
1955 posts
Posted on 12/16/20 at 11:33 am to
quote:

Been the source of my most profitable and most unsuccessful moves in the market.



I made some serious gains with options.
I also made some serious losses with options.
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