On the new SPY RSI 40 position, I want to keep doing options, so
given the basic instructions to do a call a couple months out at
~64% delta, I took the SPY Mar 17 370 call. This was an entry
as of this morning when S&P was down about 25 points today, not
at the close last night. For any of you that have good
options experience, does that look like a good entry or would you
have taken something different? Also, do the same parameters
(couple months out) & delta's apply to on the short side?
Thanks in advance for any input!
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On the new SPY RSI
SPY RSI 40 long
Posted by blayden on 30th of Dec 2022 at 12:02 pm
On the new SPY RSI 40 position, I want to keep doing options, so given the basic instructions to do a call a couple months out at ~64% delta, I took the SPY Mar 17 370 call. This was an entry as of this morning when S&P was down about 25 points today, not at the close last night. For any of you that have good options experience, does that look like a good entry or would you have taken something different? Also, do the same parameters (couple months out) & delta's apply to on the short side? Thanks in advance for any input!