It's kind of hard to see in the thumbnail, but looks like you bought the $AMD 09/20 (29 DTE) 130 strike puts and captured ~7.8% gain in the options price. You're swinging around $2,275,000 in notional value? And you hold some of it overnight? Do you set stops and how do you select them? Since you seem to only trade the morning, I'm guessing you wait for the direction to become apparent before following along? Are you purely a directional debit trader? Neat videos.
That is close to correct for how i trade. I like a viewer who does the math. It shows you have conviction. Thats important. I do not like going so far out of the money normally. Tomorrow it is unlikely I'll go very far out strike price wise. I am a directional trader but i use the direction for the last 3 weeks and look at the price action between ranges to see where the meat of the volume is and trade that. I'm glad you're enjoying the videos.
Always on the look out for your videos 👍
Thank you for that, I hope you continue enjoying them.
It's kind of hard to see in the thumbnail, but looks like you bought the $AMD 09/20 (29 DTE) 130 strike puts and captured ~7.8% gain in the options price. You're swinging around $2,275,000 in notional value? And you hold some of it overnight? Do you set stops and how do you select them? Since you seem to only trade the morning, I'm guessing you wait for the direction to become apparent before following along? Are you purely a directional debit trader? Neat videos.
That is close to correct for how i trade. I like a viewer who does the math. It shows you have conviction. Thats important. I do not like going so far out of the money normally. Tomorrow it is unlikely I'll go very far out strike price wise. I am a directional trader but i use the direction for the last 3 weeks and look at the price action between ranges to see where the meat of the volume is and trade that. I'm glad you're enjoying the videos.
Can I copy trade you. You are very good!
You can copy trade with me if you'd like. That is one of the reasons it is live if that is what you want to do