Search results

Maintaining initial delta, for instance.

Correct me if I'm wrong, but I believe you can't do dynamic adjustments in ORATS to keep your structures as initially planned. I think this approach is a must when it comes to options trading.

If you are looking for a free service, then Tasty's Lookback is a good choice. From the paid services I found MesoSim from Deltaray superior to others, including ORATS.

I'm also interested in this, what I found so far: John Locke has two strategies (the bull and the super bull) which are bullish spreads, you can find some material about them in youtube. I found it reasonable but haven't tried it yet - I am waiting for a market rally to put them on. If...

Pay the bid or the ask, or even more by using market orders. It won't be cheap, but you will get instant fill. In terms of efficiency: I try to target mid-price, which may or may not fill. I think this all boils down knowing how much slippage can your trade tolerate.

I'm only aware of SqueezeMetrics, not sure about it's quality.

100% agreed.

For me being directionally correct is the most difficult part. Is it working for you?

My hopes are bullish, but my trades are delta neutral

I don't think it's necessary to have high priced stocks. You can make the strikes closer and you'll have a more steep curve for your payouts. Easy to check out your scenario using an Option Profit calculator, such as this one: https://www.optionsprofitcalculator.com/

I'm successful so far (2 months in) with a trade based on this 0DTE IC: https://portal.deltaray.io/backtests/cf0c9ff6-ae03-4928-ae8f-2003181b8704 Some days it feels a little bit like horse-racing and I'm somewhat concerned about the negative periods, which will come for sure. My plan is that if...

This hoadley.net site is really interesting. Do you use their products? If so, are you satisfied?

This website looks like a sport betting site / gaming site. Luckily doesn't seem to support options.

Sign me up master, if there is an opening.

Looks interesting! Is this software capable setting trailing stop for multi-legged option positions?

sorry for my ignorance, but based on what are you expecting the bullish move?

Thank you for your constructive comment. I sense a bit of sarcasm here. I re-posted this here based on the fact that Options part gets views and replies than this part of the forum. You can check it in the Views column of the respective forums: https://www.elitetrader.com/et/forums/options.12/...

I posted the following question to the Options section, but got no answers. I am re-posting it here with the hope that someone has an answer... I'm not too good at coding, so some ready-to-use solution would be greatly appreciated! Thank you! Hello, I recently read a study which shows that...

truly brilliant mind!

I really enjoyed this interview with him: