Hi
I have been doing a research and I am using a trailing stop with a fix percentage. Dou you guys know a method off setting the intraday stop loss based on volatility or expected market move or using ATR?
Yes, That is what I am currently using from thinkorswim manually. However I need to know how they are calculating that theoretical price, in order for me to program it.
@rmorse Could you elaborate more about using The National Best Bid and Offer (NBBO). I thought that the NBBO was for the brokers to give you a the best (lowest) available ask price and the best (highest) available bid price. So what that has to do with expected future theoretical price? Let...
I'm scanning 20 stocks in multiples time frames I get my signals however I want to calculate their risk reward so I need the theorical price to wid out small trades
Does any one knows the formula how Thinkorswim is calculating their option Theoretical price? Is there an easier way instead of using Black Scholes. I am asking because I want to create a program to calculate it.
@OTM-Options you are very active here :) I am doing some paper trading still not able to crack it, It looks like I my destiny is to be a option seller instead of been long on options.
Pro side- Better probabilities
Con Higher the Risk <- This why I am not happy with my current...
Hi,
I am trying to calculate the expected move for an intraday trade for a long position in Puts or Call. My strategy can tell me the expected move in the underlying but I am not sure what it is the best way to calculate the option price. I am assuming the following, maybe somebody can correct...
I was wondering if you guys know about any workshop, training for Chart Patterns for an intra-day using options in the 1min ~5 mins time frames, that you will recommend. I have found some on google but not exaclty what I am looking for and few to little reviews. I wouldn't mind to pay for a...