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Day trading stock options


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#1 diogenes227

diogenes227

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Posted 20 March 2019 - 07:20 PM

I'm having fun with this since some guy on Facebook demanded I admit to him this could not be done.  bowrie.gifsmile.png 

 

From the link:

 

 

So far this is just an experiment to see if day trading options on very liquid and popular stocks is viable. It is an attempt by going long on either the call or the put or sometimes both during the day to eliminate or at least mitigate the “greeks”, the complexity of fills on strategies like iron condors, and the margin requirements needed to short options.

 

Obviously, this is not for those with their own trading rooms nor for hedgers, but for day traders with limited funds to trade, it suggests there are simpler ways to play the options game.

 

For background and the charts:

 

DAY TRADING STOCKS IN THE "FOOL'S GAME"

 

And here is a look at the daily ebb and flow of gains and losses from the first $10,000 day trade February 27th:

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."