Options for income

[Mdtbyk]

hey are there any trades that are based on weekly options ?

 

[tommcginnis]

It would seem so.

 

[OptionsOptionsOptions]

hey are there any trades that are based on weekly options ?

• Buying options is best.
  
• Selling in this very volatile market would be foolish.

 

[Sweet Bobby]

After 9 years, I finally lost confidence in options. I’m much more at home in futures.

 

[qlai]

After 9 years, I finally lost confidence in options. I’m much more at home in futures.

You are joking, right?

 

[Sweet Bobby]

Not at all

 

[Option_Attack]

Bobby Bobby Bobby... Karen is deeply heartbroken.

 

[thefuturestrader]

But Bobby, you and Karen were doing so well. Say it ain't so...

 

[qlai]

There is nothing wrong with giving up on something that doesn't work, or works but not very efficient. Sometimes, time and effort invested is just not worth carrying on. I would really appreciate if @Sweet Bobby would share as to why.

 

[Turveyd]

Options are only good in strong trending markets, anything slow and the time decay even when right still wastes your profits.

I guess sideways markets, use the decay and switch to selling OTM options.

17years since I traded options, did GREAT then blew account over night fun mind!! ( in a staring at the floor trying not to be sick kinda way for hours and hours )