What Options Strategies Do You Use Most?

What Options Strategies Do You Use Most?

  • Singles

    Votes: 5 16.1%
  • Verticals

    Votes: 5 16.1%
  • Calendars

    Votes: 0 0.0%
  • (Iron) Butterflies/Condors

    Votes: 8 25.8%
  • Straddles/Strangles

    Votes: 6 19.4%
  • Back/Ratio

    Votes: 3 9.7%
  • Diagonals

    Votes: 1 3.2%
  • Other

    Votes: 3 9.7%

  • Total voters
    31
I sometimes trade straddles on expiration day after implied volatility cools down dropping for a bit after the open and when the underlying crosses a strike price. Works well on some stocks, doesn't work well on others. If it doesn't start moving quickly after I'm in I'll close the trade for a small loss.

I also trade credit spreads but am always worried about the risk/reward so I only really trade those when volatility's relatively high and I can go far out for premium.
 
Quote from adamcollins:

I sometimes trade straddles on expiration day after implied volatility cools down dropping for a bit after the open and when the underlying crosses a strike price. Works well on some stocks, doesn't work well on others. If it doesn't start moving quickly after I'm in I'll close the trade for a small loss.

I also trade credit spreads but am always worried about the risk/reward so I only really trade those when volatility's relatively high and I can go far out for premium.

it seems like those aren't frequent trades. are there any that you put on more frequently?
 
I use options for directional bets on stocks. I dont trade options just cause it's cool, I trade for the leverage and risk benefit. Ofcourse their's a disadvantage, eventhings has a price, time decay.
 
Back
Top