options based on algorithm signal

hi

i swing trade using an old algorithm program. it makes some $$ but appears that this could be a home run using options.
however, i have little experience trading options an am looking for some one knowledgeable to discuss the potential and of course share in any profits doing your own trade.
i have proof of all trades for all securities and could pdf prior to a discussion.
don
 
Quote from dlarsen:

hi

i swing trade using an old algorithm program. it makes some $$ but appears that this could be a home run using options.
however, i have little experience trading options an am looking for some one knowledgeable to discuss the potential and of course share in any profits doing your own trade.
i have proof of all trades for all securities and could pdf prior to a discussion.
don
what you need to know about options....
 
Quote from dlarsen:

hi

i swing trade using an old algorithm program. it makes some $$ but appears that this could be a home run using options.
however, i have little experience trading options an am looking for some one knowledgeable to discuss the potential and of course share in any profits doing your own trade.
i have proof of all trades for all securities and could pdf prior to a discussion.
don

Really quite simple ........ When your program signals a buy or sell of the underlining do the following:

Buy XYZ = Sell ATM XYZ puts
Sell XYZ = Sell ATM XYZ calls

Then buy the options back to close the position when your program indicates. :)
 
Quote from dlarsen:

hi

i swing trade using an old algorithm program. it makes some $$ but appears that this could be a home run using options.
however, i have little experience trading options an am looking for some one knowledgeable to discuss the potential and of course share in any profits doing your own trade.
i have proof of all trades for all securities and could pdf prior to a discussion.
don

TBH, if it works in D1 then stay there. Most successful systems fail when trading convexity.
 
Back
Top