Matt:  I know you will

    Posted by patellee on 5th of Dec 2022 at 01:33 pm
    • Matt:  I know you will no longer be posting options for SPY trades from the system.   Can you please remind us what the guidance is for those who still want to trade options.  Here is what I have:


    • Expiration:  Roughly 2 months out
    • 1st entry:  0.64 delta
    • 2nd entry:  0.6 delta
    • 3rd entr:  0.5 delta

    Can this be posted on the systems page?

    I assume this is for

    Posted by blayden on 5th of Dec 2022 at 03:31 pm

    I assume this is for call option trades, do you happen to know the deltas for short option trades?  I didn't remember that options would no longer be given for for SPY trade options. Thanks!


    yeah the same. and remember

    Posted by matt on 5th of Dec 2022 at 03:35 pm

    yeah the same. and remember I'm not longer sending option trades - it was too difficult for me to keep up on those, get the trades out - it's too much of a madhouse on SPY systems trade days and that option chain was the biggest stress on me as far as time hindrance etc. Since I tell you guys what I targeted you can choose to pick them on your own, or pick ones that you think make more sense

    I have to ask please.

    Posted by retirefire on 5th of Dec 2022 at 01:47 pm

    I have to ask please. Is delta listed or calculated when trading options? TIA

    that's what I target -

    Posted by matt on 5th of Dec 2022 at 01:59 pm

    that's what I target - and delta is listed in the option chains, so I target options with in that area. I don't calculate it, it's automatically calculated in option chains  at brokers

    got it, thanks

    Posted by retirefire on 5th of Dec 2022 at 02:02 pm

    got it, thanks

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