Best and easiest strategy for consistent profits?

[Quanto]

I think options are most difficult Instruments to trade, you can be right on direction and still lose. Never good to have a money goal, have a knowledge goal. I rather swing trade them over hourly charts.

Options trading is not like stock trading. Your objective should be to keep the option till the last day of the expiration date, ie. not doing daytrading or swingtrading. B/c for this case (ie. keeping it till the expiration date) you can 100% trust the guarantee the option gives you, and this guarantee you can know and study even in advance, even way before opening the trade, ie. even tailor it (ie. engineer it) yourself with realistic offers: it simply is the PnL diagram (aka PnL chart).

In this above demonstrated case even Volume, liquidity, OpenInterest, and even Volatility (IV) become totally irrelevant, trust me! Many traders don't even know about these important facts... Not even some companies specialized in options!!! I can tell you one and even prove it!

Just study it, experiment with it by changing the parameters of the option(s)... It's the orange curve (labeled "At expiry") that is the most important in options trading.

 

[MarkBrown]

Better hurry before we go into recession and the labor market loosens and AI comes and takes all the jobs away.

Getting into the skilled trades would be the best bet.

while the average american has been spending everything to get their kids a college education -
skilled trades will all be taken by the illegals the treasonous government has let in, lol.................
america died this last 3 years.

 

[taowave]

Why should your objective be to hold an option till expiration??

Should stock traders only use time stops??

Options trading is not like stock trading. Your objective should be to keep the option till the last day of the expiration date, ie. not doing daytrading or swingtrading. B/c for this case (ie. keeping it till the expiration date) you can 100% trust the guarantee the option gives you, and this guarantee you can know and study even in advance, even way before opening the trade, ie. even tailor it (ie. engineer it) yourself with realistic offers: it simply is the PnL diagram (aka PnL chart).

In this above demonstrated case even Volume, liquidity, OpenInterest, and even Volatility (IV) become totally irrelevant, trust me! Many traders don't even know about these important facts... Not even some companies specialized in options!!! I can tell you one and even prove it!

Just study it, experiment with it by changing the parameters of the option(s)... It's the orange curve (labeled "At expiry") that is the most important in options trading.

 

[Quanto]

Why should your objective be to hold an option till expiration??

B/c options have a fixed outcome at expiration, ie. the said guarantee (the PnL chart for expiry).
As already said, only then will the other uncertainities no more be uncertainities, but become neutral;
ie. IV at expiration does not play any role anymore, and also liquidity is not required b/c the expiration date implicitly "closes" the options position (actually it just expires, no trade takes place at expiration, therefore no volume needed).

Should stock traders only use time stops??

I have no clue, I'm an options trader, not stock trader
When I say to hold it till expiration, then this of course means not to use any stops... isn't that obvious?
Stock trading and currency trading is IMO gambling, options trading is investment (if done right, for example by trading such strategies like options spreads).

 

[taowave]

You need to elaborate on whether you are directional,trading vol,i.e short vs long,and or delta hedging..

Stock trading and currency trading are gambing, but option trading is not??

Elaborate please

B/c options have a fixed outcome at expiration, ie. the said guarantee (the PnL chart for expiry).
As already said, only then will the other uncertainities no more be uncertainities, but become neutral;
ie. IV at expiration does not play any role anymore, and also liquidity is not required b/c the expiration date implicitly "closes" the options position (actually it just expires, no trade takes place at expiration, therefore no volume needed).

I have no clue, I'm an options trader, not stock trader
When I say to hold it till expiration, then this of course means not to use any stops... isn't that obvious?
Stock trading and currency trading is IMO gambling, options trading is investment (if done right, for example by trading such strategies like options spreads).

 

[Quanto]

You need to elaborate on whether you are directional,trading vol,i.e short vs long,and or delta hedging..

As said, options trading Can't tell more.

Stock trading and currency trading are gambing, but option trading is not??
Elaborate please

Man, I already did explain it. I cannot repeat the shaet all the time. You have to read.

 

[taowave]

Unfortunately,most of what you say is pure shit

="Quanto, post: 5907564, member: 539299"]As said, options trading Can't tell more.

Man, I already did explain it. I cannot repeat the shaet all the time. You have to read.

 

[schizo]

Options trading is not like stock trading. Your objective should be to keep the option till the last day of the expiration date, ie. not doing daytrading or swingtrading.

I assume this is addressed to option sellers, since theta (time decay) works in their favor. But what should happen if the underlying stock trades far beyond the strike price? Would you still choose to hold until expiration? Only viable way to play this IMO is with IV crush.

 

[Quanto]

Unfortunately,most of what you say is pure shit

You are too dumb to grasp it, AH! Welcome to my ignore list!

 

[Slow Learning Elf]

You are too dumb to grasp it, AH! Welcome to my ignore list!

It was an honor to even be nominated for that!