Anyone do Momentum Weekly Options?

[bln]

Do you ever buy calls as an entire trade? or buy puts as an entire trade?

No. Fully hedged structures.

What is a likely hold time for one of your trades?

Swing trading style. Less than ten sessions holding period.

Any particular day(s) stand out as better than others for entering a wkly options trade?

Systematic so I don't decide what day to trade.

 

[easymon1]

Swing trading style. Less than ten sessions holding period. Fire-and-forget type of trades, just leave them unattended until OCC takes care of cleaning up.

Developed a model that give me high probability signals. I just take the setup's as they come. The setup's may come in at any day of the week.

Look at you!
Are you plain ol buying calls for longs and buying puts for the opposite?

 

[bln]

Look at you!
Are you plain ol buying calls for longs and buying puts for the opposite?

No plain long calls or puts. I trade verticals.

 

[easymon1]

No plain long calls or puts. I trade verticals.

Weekly's?

 

[bln]

Weekly's?

Yep, SPXW.

 

[easymon1]

Yep, SPXW.

If you don't mind me asking, do you ever put on any verticals for other than the current week?

 

[bln]

If you don't mind me asking, do you ever put on any verticals for other than the current week?

Of course. Staying in a trade over the weekend is common.

 

[easymon1]

Looks like I missed a cog up there top of the page, lol thank you for your patience.

 

[easymon1]

Would you go with a monthly? 40delta?, 75delta? other?

https://elitetrader.com/et/threads/charts-for-no-reason.344272/page-23#post-5589583