Long in the money calls and and long ITM puts.. 2 point
spread works fine... with as little time premium as possible.
when the market moves... sell the long position in the
opposite direction (that will be your losing trade)
Keep the other position and enjoy the ride... The most
you can lose is your time premium...If the market doesn't move.
SPY too. Weekly options work nice too..
cause you don't have a lot of time premium in them.. your just
looking for a move in either direction (hense a good trade
when the bolinger bands tighten)
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yep..
QQQ poised to pop? I'm looking at the Q's and ...
Posted by zach06 on 14th of Jun 2011 at 02:17 pm
Long in the money calls and and long ITM puts.. 2 point spread works fine... with as little time premium as possible. when the market moves... sell the long position in the opposite direction (that will be your losing trade) Keep the other position and enjoy the ride... The most you can lose is your time premium...If the market doesn't move.
BTW.. that works good on the
Posted by zach06 on 14th of Jun 2011 at 02:22 pm
SPY too. Weekly options work nice too.. cause you don't have a lot of time premium in them.. your just looking for a move in either direction (hense a good trade when the bolinger bands tighten)