How to short the S&P using options? Day & swing puts

[destriero]

What if I told you...I do what you do in a month, in a day. Would you think I'm full of stuff, a weirdo, psycho, a lier, or genius, a fantasy or something else. Think what you want. Let that sizzle in your head. I won't justify you with a reply to that.

 

[taowave]

LOL..not a chance that was where he was going....

bc there wouldn't be any greeks other than delta in something above say 85-90D.

 

[destriero]

LOL..not a chance that was where he was going....

We need a Dunning Kruger section on ET.

 

[OptionsOptionsOptions]

Did anybody capture the 200%+ gains on the SPY puts today?

 

[emulimu]

I was long SPX 4430 put spread and then thinking there will be a rally, went long 4435 Call spread And the SPX settled at 4432.70

Luckily, I entered both for a small credit which will more than pay for the commissions and dinner tonight.
I like this kind of directional trading, a nice addition to my theta decay trades.

 

[Zane]

Greeks dont matter?????

Are you indifferent to a delta flat 1x3 ratio vs a 1x3 backspread (same strikes)??

Your completely missing the point

If you are day trading and NOT looking for leverage,why trade the option???

Its an easy answer

I invest in LEAPS

 

[taowave]

For day trading?

I invest in LEAPS

 

[SunTrader]

It's more sellers than buyers, or vice versa that sets the tone.... : o

(insert video clip from 48 hours saying sell it all, Mortimer...... or caddyshack be the ball.... or risky business say what the fk lol).

Gotta love making $ off volatility

Come on man, get your Murph movies straight. It's Trading Places, not 48 Hours.
Happy Saturday.

 

[Zane]

For day trading?

No, far OTM directionals only. Anywhere from 6 months to 1.5 years out.

 

[OptionsOptionsOptions]

• S&P Futures down 0.55%.
• Perhaps Monday might be a good day for the SPY Puts that expire Monday.
• Buy 1-strike OTM at market open.
• Sell 1/2 hour before market closes.