Should You Consider Trading Weekly Options Expirations?

easymon1 · Mar 7, 2020

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Should You Consider Trading Weekly Options Expirations?

TommyR · Mar 7, 2020

well yes of course i would. 100%. a normal option is psychologically useless at greater distances

KINGOFSHORTS · Mar 7, 2020

I have been trading (selling with black swan hedging) options with 3 days or less. IV is so high on short termed SPY options right now. For now weeklys or less have been great.

interdim · Mar 7, 2020

easymon1 said:
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Should You Consider Trading Weekly Options Expirations?

You mean you haven't been? Smile. Best game in town and bang for your buck, but you better know what you're doing.

MarkBrown · Mar 7, 2020

as a seller yes.

OptionsOptionsOptions · Mar 7, 2020

as a buyer yes.

ironchef · Mar 7, 2020

OptionsOptionsOptions said:
as a buyer yes.

As a buyer, seller....

traider · Mar 8, 2020

KINGOFSHORTS said:
I have been trading (selling with black swan hedging) options with 3 days or less. IV is so high on short termed SPY options right now. For now weeklys or less have been great.

How do you hedge?

zdave83 · Mar 8, 2020

easymon1 said:
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Should You Consider Trading Weekly Options Expirations?

Depends on your trading strategy. FWIW I use them in mine. Best to backtest with them and/or validate with simulated trading.

easymon1 · Mar 8, 2020

zdave83 said:
validate with simulated trading.

interested in this technique in general to see if it fits in with preference for short duration trades.

are any good links around to get up to speed on Trading Weekly Options Expirations?
simulated trading platforms?
info sources
typical setups,
tips, tricks, traps?
examples of good, bad, and ugly trades, telltale signs.
learning curve.
anything at all...is appreciated.
Thx