never trade market orders on options. realize you will always
lose some on the spread,it's just how it is. I generally try
to buy my options 1 tick over the mid price and sell them one tick
below the mid price. Obviously they are moving and it's tough to
hit a moving target, sometimes I have to try to adjust my order a
couple times to get filled
yeah mid doesn't guarantee a fill, that's why I do one over for
the buy and one over for the sell, esp when the market is move and
the options are a moving target and I need to fill 50 contracts
quickly
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Matt, considering the large spread
Market, SPY system, other comments
Posted by simpsongc on 2nd of Dec 2019 at 11:35 am
Matt, considering the large spread on the SPY options when you initiate a trade do you go in at a limit order or just a market order.
never trade market orders on
Posted by matt on 2nd of Dec 2019 at 11:40 am
never trade market orders on options. realize you will always lose some on the spread,it's just how it is. I generally try to buy my options 1 tick over the mid price and sell them one tick below the mid price. Obviously they are moving and it's tough to hit a moving target, sometimes I have to try to adjust my order a couple times to get filled
I like the to buy
Posted by stevieb294 on 2nd of Dec 2019 at 12:34 pm
I like the to buy options (I trade spreads) at the midpoint exactly just to keep things simple, easy and quickly filled.
yeah mid doesn't guarantee a
Posted by matt on 2nd of Dec 2019 at 03:23 pm
yeah mid doesn't guarantee a fill, that's why I do one over for the buy and one over for the sell, esp when the market is move and the options are a moving target and I need to fill 50 contracts quickly