Using my technical edge to trade options

[athlonmank8]

Scooped up a few FB 182.5 puts for .61. Daily close today will determine whether I hold this.

Out @ .41. -.20 on this trade.

 

[ovovats]

What is the strategy that you use to trade your options?

 

[athlonmank8]

Picked up a few NFLX 285 puts @ .81. Looking to add a few more around .60. Stop ~.55

 

[athlonmank8]

What is the strategy that you use to trade your options?

I'm not sure what you mean

 

[athlonmank8]

.60 was the number. Stop @ .59 on the added options. Scalped a few @ .71. Got a little anxious on the .80 number hoping for a breakout. This might not hold. May close out before FED.

Also, I don't use that moving average.

 

[athlonmank8]

.60 was the number. Stop @ .59 on the added options. Scalped a few @ .71. Got a little anxious on the .80 number hoping for a breakout. This might not hold. May close out before FED.

Also, I don't use that moving average.

Out everything except for a couple @ .95. This could turn into a nice swing into Friday

 

[athlonmank8]

Out everything except for a couple @ .95. This could turn into a nice swing into Friday

Out rest @ 1.17. Not bad. Got that low to the penny. Gonna reload if I get the chance to

 

[ovovats]

I'm not sure what you mean

Whats your strategy meaning like what makes an option worth trading for you? Whats your edge basically

 

[athlonmank8]

Whats your strategy meaning like what makes an option worth trading for you? Whats your edge basically

Technical charting. I use one type of drawing. Not the traditional approach.

I'm not sure it's very prudent for me to get into too much detail. If I gave the edge away on here i'm not sure it'd do me much good in the long run unfortunately.

 

[athlonmank8]

Scooped up some C 68 puts @ .58. Good setup here and low risk.