I'd appreciate if you would share what put options you would
consider if we get the strong close today. I've seen some using
either a month or two out on the expirations. If the instrument is
SPY, which strike price would you be using? I'm getting my feet wet
in options (starting small). I've traditionally used 3 x etfs for
all my trades. I want to keep this as simple as possible, no
spreads, nothing complex. Straight up put options. Thanks to
anyone who replies.
Thanks. So given that these are reversion to mean trades, I
would think at the money puts would be a reasonable consideration
given the possibility of a 2nd or even 3rd entry and ultimately
looking for downside in the markets.
Thanks for the heads up
SPY and ES systems early heads up
Posted by mundy on 19th of Oct 2022 at 12:18 am
Thanks for the heads up Matt. I can prepare all my option trades should the signal be there at the end
I'd appreciate if you would
Posted by fundamentalvalues on 19th of Oct 2022 at 06:52 am
I'd appreciate if you would share what put options you would consider if we get the strong close today. I've seen some using either a month or two out on the expirations. If the instrument is SPY, which strike price would you be using? I'm getting my feet wet in options (starting small). I've traditionally used 3 x etfs for all my trades. I want to keep this as simple as possible, no spreads, nothing complex. Straight up put options. Thanks to anyone who replies.
December puts ITM offer most
Posted by private on 19th of Oct 2022 at 07:12 am
December puts ITM offer most reward, 3500-ish OTM offers a low-risk high-reward trades.
Thanks. So given that these
Posted by fundamentalvalues on 19th of Oct 2022 at 07:16 am
Thanks. So given that these are reversion to mean trades, I would think at the money puts would be a reasonable consideration given the possibility of a 2nd or even 3rd entry and ultimately looking for downside in the markets.
yes, the strike must coincide
Posted by private on 19th of Oct 2022 at 07:19 am
yes, the strike must coincide with the minimal target expected. I would use spreads for leverage and control of decay for OTM puts.