Recent content by tdeel20

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    Day Trading Options is a bad idea. Anyone else?

    Market orders, ATM, usually 2-3 weeks out. Just tried to get a sense of the day's trend. I used Fibonacci some, also. Once I had a feeling for where it might go, I used crosses on the EMA 5/20 and MACD to place the buy order. I watched it closely for the first 1/2 hour, and could determine...
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    Day Trading Options is a bad idea. Anyone else?

    I did it for a while. I had no problem with the spread. I traded SPY. I used simple EMA/MACD charts. I usually waited until 10 a.m.(CST) to get in, and I was usually out before 2:30 p.m.(CST). I held overnight a few times, which I don't like to do, but usually came out ahead.
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    Option Price moves against stock price

    I've gotten some good information, and I really appreciate it. If anyone has anything else they can share, please do. I'm here to learn. Thank you.
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    Option Price moves against stock price

    Thank you very much, Guru! I thought volatility might have something to do with it, also, but it seemed like too big of a coincidence since I had made out pretty good on a trade that I placed at 2:55 yesterday and closed out at about 10 this morning. (Central Time) I placed another trade at 1:01...
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    Option Price moves against stock price

    SPY went up .04% today (January 11, 2019) Here are Call and Put Chains for the SPY Jan25 contracts. Notice how, even though the ETF had a slight gain, both Calls and Puts had pretty significant losses.
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    Option Price moves against stock price

    Thanks for your reply, RedDuke. It's Investopedia, and the data is very accurate, even though there's about a 3 minute delay. As I look at the Option Chains from today, Calls and Puts on the SPY both lost money. SPY was up (very slightly) today. I wouldn't have expected much of a move on...
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    Option Price moves against stock price

    I was practicing on the Investopedia simulator. On January 11, I purchased some Jan25 SPY 257 Put contracts. The SPY almost immediately started to drop in price, however, so did the Put Option. I understand covering the spread, but even with a large drop, the Put contract never went positive...
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