what is the maximum mathematically possible daily profit
- Thread starter AttoCEL
- Start date
Just because I don't like unsatisfied costumers, but I really like real world examples and we are living in very high volatility, check out these examples:
Last Wendesday the SPX zig-zagged 4 times in a 60+ point range. So I checked option prices and starting out with 2.5K, I parlayed up every time the market changed direction and I changed position. Ended up with 60K, that is 24 times profits in one day and I didn't use the very exact points when the market turned, nor smaller fluctuations.
But wait, there is more! Last Friday was a big down day, after 10 am. Only one trade, same day expiration SPX put options, could have got an OOM put for $2.35 and just before the close it was around $64. That is a 27 times return with one trade.
I am just showing the futility of OP's question. The market is not giving these kind of opportunities everyday, nor can you guess correctly these directions and positions.
So yes, you can make 2400+% profits even with an ETF option (kinda safer than a stock earnings play) but can you do this kind of trading day in and day out consistently? Nobody can, so you can dream about it, but calculating the absolute max. is just silly, not to mention impossible.
Now you know, start dreaming...
Last Wendesday the SPX zig-zagged 4 times in a 60+ point range. So I checked option prices and starting out with 2.5K, I parlayed up every time the market changed direction and I changed position. Ended up with 60K, that is 24 times profits in one day and I didn't use the very exact points when the market turned, nor smaller fluctuations.
But wait, there is more! Last Friday was a big down day, after 10 am. Only one trade, same day expiration SPX put options, could have got an OOM put for $2.35 and just before the close it was around $64. That is a 27 times return with one trade.
I am just showing the futility of OP's question. The market is not giving these kind of opportunities everyday, nor can you guess correctly these directions and positions.
So yes, you can make 2400+% profits even with an ETF option (kinda safer than a stock earnings play) but can you do this kind of trading day in and day out consistently? Nobody can, so you can dream about it, but calculating the absolute max. is just silly, not to mention impossible.
Now you know, start dreaming...
Just because something is going over your head does not mean its pointless. You are likely just too lazy and impatient to go through the time driven process of enlightenment.
I suggest upgrading your why. Set goals that are so ambitious they make you feel vulnerable, alive. Being a total failure is worse than seeming like one. Success is riddled with fails, actual failure has none.
Ask yourself what you want to do with your life and if that shit sounds lame, then you are lame. If you sound like batman, then youve discovered the most powerful drug in the world, virtue.
A moral code is essential for mental stability. Having a higher creative capacity than your current load, plays guilty vibes in the submind. The ego demands an impressive vision and until satisfied it will send clear messages of discomfort, as an incentive to get you going.
Trading is life, and life is not a joke. You guys care more about seeming right online than actually becoming traders. To be fair, some have reached out and asked for guidance, so i shared my process in detail and they are doing well now. Humility is an internal process, seeming humble is external, for show.
Seldom does, now go get fucked preacher...
Making you feel like a loser was not my intention. Stop acting like one though
I've answered your question more than once in this thread, and you refuse to acknowledge it. Because you know I am correct and are trying to distract people with your inability to refute it by deflecting with "superior intellect", through debasing everyone else who answers you.
And the fact that myself and others have asked you to reveal what you perceive to be the correct answer, and that you have refused to do so, shows that you are just trolling now.
Waste of nibbles, bits and bytes.