I have traded single stock and options for the past few years very sporatically. Mainly just studying the market movements from a distance. Currently, I have developed a tools that tracks the momentum of option prices and have had some success. But my trouble seems to be in the exit, not...
I saw from a previous post that you made a purchase of MSFT FEB calls and made a nice profit. Was there any specific catalyst that you used to make that trade? Do you follow any set of rules or criteria?
I was wondering if anyone positive results trading options based on strength or weakness in relative strength? I have constructed a RS spreadsheet and have found success recently.
Mizhael
I too have recently begun to dip my toes into option trading with similar results. Maybe we could discuss our trading methods and shorten the learning curve a bit =)