Trade options monthly - futures io
futures io futures trading



Trade options monthly


Discussion in Options

Updated
      Top Posters
    1. looks_one ctmvas with 2 posts (0 thanks)
    2. looks_two sam028 with 1 posts (0 thanks)
    3. looks_3 suko with 1 posts (1 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 927 views
    2. thumb_up 1 thanks given
    3. group 4 followers
    1. forum 5 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Trade options monthly

(login for full post details)
  #1 (permalink)
Big City, MA
 
Experience: Intermediate
Platform: AMP Ninjatrader
Trading: ES, CL, NQ, TF
 
Posts: 79 since Nov 2010
Thanks: 3 given, 16 received

It seems most people trade options intraday. Does anyone trade on a weekly time frame? I'm relatively new to options so I'm not really sure if time decay can be a profit killer.

Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
MACD line not plotting after change of plot order
NinjaTrader
Short Interest Ratio indicator?
ThinkOrSwim
Can the Magnet Tool Affect Chart Orders In Overcharts Ha …
Platforms and Indicators
If ES tracks SPX, why do support/resistance, Level 2, vo …
Emini and Emicro Index
SimplerOptions
Trading Reviews and Vendors
 
 
(login for full post details)
  #3 (permalink)
Site Moderator
 
 
sam028's Avatar
 
Posts: 3,665 since Jun 2009
Thanks: 3,787 given, 4,494 received



ctmvas View Post
It seems most people trade options intraday. Does anyone trade on a weekly time frame? I'm relatively new to options so I'm not really sure if time decay can be a profit killer.

No, I don't think most people trade options intraday.
The bid/ask spread is usually very high compared to other instruments, trying to trade options intraday like another kind of liquid instrument is not a good idea. I don't know for weekly options, I never used them and didn't check about them.
For monthly options I think the trades last weeks or days, but not intraday.

Success requires no deodorant! (Sun Tzu)
Follow me on Twitter Reply With Quote
 
(login for full post details)
  #4 (permalink)
Kyoto, Japan
 
Experience: Intermediate
Platform: TW TOS LiveVol
Broker: TD, TW, IB, Saxo
Trading: VXX, VIX, SPY
 
suko's Avatar
 
Posts: 1,304 since Oct 2013
Thanks: 825 given, 1,390 received


ctmvas View Post
It seems most people trade options intraday. Does anyone trade on a weekly time frame? I'm relatively new to options so I'm not really sure if time decay can be a profit killer.

Make a Long March through the archive here and all your questions will be answered:

https://www.tastytrade.com/tt/learn?locale=en-US

Watch the "Duration" and "Days to Expiration"

Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to suko for this post:
 
(login for full post details)
  #5 (permalink)
NW Florida
 
Experience: Intermediate
Platform: OX and TOS
Trading: Futures Options, Stocks
 
opts's Avatar
 
Posts: 234 since Aug 2012
Thanks: 29 given, 115 received

Trading options intraday can be very profitable. The key is finding those stocks with highly liquid options where the underlying can move a few $ a day. I know some people that are killing it intraday as long as there is movement, whcih is key.

Take a look at:

$AAPL
$NFLX
$AMZN
$FB
$BIDU
$high volume tight spreads ATM or slightly ITM options.

The good thing is that you can buy the calls or puts and not worry about having to short a ticker like $AAPL outright, just buy the puts. Find the trend on a lower timeframe like 30min then time the entry on a 3min or 5min that coincides with the 30min. Yes, these options are very expensive but start with only buying a few ATM. You will see that they move very well with the ticker; the premium moves well with the ticker. High options volume means very good liquidity and good fills.

Instead of watching the market to see how the options move simply pull up an intraday chart of an ATM option. Example: $NFLX had a very good range on Friday while the indices were kind of stagnant. Take a look at the intraday chart 113 Call on $NFLX per the moring move. No need to look at the monthyl opions, just the weekly that still has at least a few days left. If they are expiring 'today', look at the next week. You will see a very good % increase.

Like everything esle, things tend to mvoe in the morning and late afternoon....

Reply With Quote
 
(login for full post details)
  #6 (permalink)
Big City, MA
 
Experience: Intermediate
Platform: AMP Ninjatrader
Trading: ES, CL, NQ, TF
 
Posts: 79 since Nov 2010
Thanks: 3 given, 16 received

Longer term would fit my schedule due to have a full time day job. Occasional I do have free days but I just hate sitting in front of my PC the whole day. I appreciated the advice

Started this thread Reply With Quote


futures io Trading Community Traders Hideout Options > Trade options monthly


Last Updated on August 2, 2015


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Battlestations! Show us your trading desk - $1,500 in prizes!

March
 

Importance of Finding Your Own Way w/Adam Grimes

Elite only
 

Journal Challenge w/Jigsaw

April
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts