Posted by pjwhiteley on 7th of May 2014 at 07:48 pm
For the mechanical system I buy right at the money tostart.
After a runup, I sell and Buy new contracts just out of the
money. Sometimes I roll out a week farther too if I have been
in the trade a week or more.
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pjwhiteley
Using options to trade
Posted by mattsox05 on 7th of May 2014 at 04:25 pm
How far away from at the money are your strikes ?
Right at the money
Posted by pjwhiteley on 7th of May 2014 at 07:48 pm
For the mechanical system I buy right at the money tostart. After a runup, I sell and Buy new contracts just out of the money. Sometimes I roll out a week farther too if I have been in the trade a week or more.