Jump to content



Photo

Option put on SPY - some help


  • Please log in to reply
2 replies to this topic

#1 kinga200

kinga200

    Member

  • TT Member+
  • 594 posts

Posted 04 May 2016 - 06:22 PM

I haven't done options in a while. But looking for a put on the SPY expiry in July.

I'm thinking in the money for July expiry. Is anybody else looking at this? If so how are u playing it? I'm seeing a large drop around here into June

Thanks

#2 kssmibotm

kssmibotm

    Member

  • Traders-Talk User
  • 653 posts

Posted 04 May 2016 - 07:11 PM

If you are anticipating a large drop, why not go with out of the money strike prices?  July expiration is 2+ months away.  Plenty of time to get to your strike.



People think the Holy Grail is something looked for but never found. In fact, it is something often found but rarely recognized.

#3 kinga200

kinga200

    Member

  • TT Member+
  • 594 posts

Posted 04 May 2016 - 07:20 PM

Yes. Out of the money is more risk n return.
And I see ur point. If I am going out to July then why not out of the money?

Thks