$SPDR S&P 500 ETF (SPY.US)$this type of movement just oblite...
$SPDR S&P 500 ETF (SPY.US)$this type of movement just obliterates any options. Unless you have the ability to swing trade all day - then you can make a nice buck with these +- .20% swings across the 0 mark.
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WarlockofWallstreet : the way it's dipping might end up gaping down after all
Magn8tic : You mean day trade?There were directional plays with pretty good yields today if you're a trader rather a bull or bear.
The Warlock OP Magn8tic : yes but a specific type of day trading which requires a bit more hands on approach. I am generally looking at my apps all day but there are times when I am in a meeting for hours and can’t pull the trigger on a volatile swing, and then reverse position - and do this several times a day.
I set a few alerts on both the stock and the option and hope for the best.
The Warlock OP WarlockofWallstreet : i’ve got a few hundred calls for $640 by end of February and keep picking up more as they dip. this is my big Q1 play TBH.
WarlockofWallstreet The Warlock OP : been l9ading on 630s for feb 28