I have taking several, still trying to establish a system. Some UOA I haven't posted and haven't taken, have worked out great like Snap(4X return) and Facebook (3X return) a couple of weeks ago. The ones I'm in now are Zayo and Uxin. I might take an L on Zayo, but Uxin is working out thus far.
The one that didn't work out was Pitney Bowes from a couple of weeks ago. I also got out of the Coca Cola put options and JNJ call options because price for a small lost because price wasn't moving fast enough for me despite these options expiring in January.
I'm not going to take Caesars because I don't really know this sector, like I do tech. However, this one seems like a low risk high probability trade and if I was going to get into this one. I also like all the open interests, meaning open trades.
Thus, overall down a little bit, but I see the potential, what will be key for me is my criteria, with one critical parameter being implied volatility.
I have taking several, still trying to establish a system. Some UOA I haven't posted and haven't taken, have worked out great like Snap(4X return) and Facebook (3X return) a couple of weeks ago. The ones I'm in now are Zayo and Uxin. I might take an L on Zayo, but Uxin is working out thus far.
The one that didn't work out was Pitney Bowes from a couple of weeks ago. I also got out of the Coca Cola put options and JNJ call options because price for a small lost because price wasn't moving fast enough for me despite these options expiring in January.
I'm not going to take Caesars because I don't really know this sector, like I do tech. However, this one seems like a low risk high probability trade and if I was going to get into this one. I also like all the open interests, meaning open trades.
Thus, overall down a little bit, but I see the potential, what will be key for me is my criteria, with one critical parameter being implied volatility.
Yep, makes sense. Implied volatility important with options. Couple that with a good risk-reward ratio should be in good shape.