Read The Forum Rules: We have a clear set of rules to keep the forum running smoothly. Click here to review them.

Post Reply 
Investing Any options traders here?
Author Message
BIGINJAPAN Offline
Kingfisher
***

Posts: 840
Joined: Sep 2012
Reputation: 15
Post: #32
RE: Any options traders here?
(12-13-2012 12:20 AM)Rocket13 Wrote:  
(12-13-2012 12:16 AM)BIGINJAPAN Wrote:  Apple. It is so predictable. If I am bored I will log into my trading account and even on a laptop I can scalp a few points here and there. Besides the TBTF banks, Apple has got to be the most liquid stock on the weeklys. But the best part is it has such wild moves through out the day that you can make quick money if you want to be at the desk for a couple hours. I usually buy 10k worth of OTM calls or puts and wait for the directional move and then I'm out in under a hour usually with a 3-4k profit. With 10k in options you make roughly 1000 for every dollar move in the stock if the volitility is above average. Which it has been ever since it hit $700.

How far out of the money do you go and how far in expiration?

Not far. So the last couple days Apple has been around 540. So I wait for it to set up and if I think it is going higher I will buy 545. Usually buying 5 bucks out the option price is around 5 bucks a contract.

I usually stick to just 5 or sometimes 10 dollars out of the money. Obviously the Delta increases rapidly when you are ITM so I like to take advantage of that as the stock will go zooming right by the strike I have bought

" I'M NOT A CHRONIC CUNT LICKER "

Canada, where the women wear pants and the men wear skinny jeans
12-13-2012 12:38 PM
Find all posts by this user Like Post Quote this message in a reply
Post Reply 


Messages In This Thread
Any options traders here? - juice - 12-06-2012, 08:05 PM
RE: Any options traders here? - defguy - 12-06-2012, 09:03 PM
RE: Any options traders here? - juice - 12-07-2012, 02:13 AM
RE: Any options traders here? - BIGINJAPAN - 12-07-2012, 02:44 AM
RE: Any options traders here? - juice - 12-07-2012, 12:55 PM
RE: Any options traders here? - HiFlo - 12-06-2012, 10:30 PM
RE: Any options traders here? - juice - 12-07-2012, 02:14 AM
RE: Any options traders here? - Spike - 12-07-2012, 04:06 AM
RE: Any options traders here? - juice - 12-07-2012, 12:56 PM
RE: Any options traders here? - BIGINJAPAN - 12-07-2012, 02:45 PM
RE: Any options traders here? - RichieP - 12-07-2012, 05:43 PM
RE: Any options traders here? - BIGINJAPAN - 12-07-2012, 09:53 PM
RE: Any options traders here? - juice - 12-08-2012, 12:32 AM
RE: Any options traders here? - RichieP - 12-08-2012, 02:26 AM
RE: Any options traders here? - bhawthorne - 12-08-2012, 11:59 AM
RE: Any options traders here? - juice - 12-09-2012, 04:41 PM
RE: Any options traders here? - sheesh - 12-09-2012, 09:21 AM
RE: Any options traders here? - Seadog - 12-12-2012, 04:59 AM
RE: Any options traders here? - BIGINJAPAN - 12-09-2012, 01:42 PM
RE: Any options traders here? - juice - 12-09-2012, 04:43 PM
RE: Any options traders here? - defguy - 12-10-2012, 12:05 PM
RE: Any options traders here? - bhawthorne - 12-11-2012, 08:39 AM
RE: Any options traders here? - sheesh - 12-12-2012, 05:37 AM
RE: Any options traders here? - BIGINJAPAN - 12-12-2012, 12:04 PM
RE: Any options traders here? - juice - 12-12-2012, 11:38 PM
RE: Any options traders here? - BIGINJAPAN - 12-13-2012, 12:16 AM
RE: Any options traders here? - Rocket13 - 12-13-2012, 12:20 AM
RE: Any options traders here? - BIGINJAPAN - 12-13-2012 12:38 PM
RE: Any options traders here? - sheesh - 12-13-2012, 08:30 AM
RE: Any options traders here? - ElJefe - 12-14-2012, 06:30 AM
RE: Any options traders here? - BIGINJAPAN - 12-14-2012, 01:21 PM
RE: Any options traders here? - BIGINJAPAN - 12-14-2012, 02:46 PM
RE: Any options traders here? - juice - 12-20-2012, 12:19 PM
RE: Any options traders here? - bhawthorne - 12-20-2012, 01:05 PM
RE: Any options traders here? - BIGINJAPAN - 12-14-2012, 04:05 PM
RE: Any options traders here? - BIGINJAPAN - 12-14-2012, 04:06 PM
RE: Any options traders here? - defguy - 12-22-2012, 02:38 PM
RE: Any options traders here? - Sleazy - 10-12-2018, 04:59 PM
RE: Any options traders here? - Sleazy - 10-12-2018, 05:09 PM
RE: Any options traders here? - Cortés - 10-12-2018, 05:07 PM
RE: Any options traders here? - tomtud - 10-12-2018, 06:01 PM
RE: Any options traders here? - tomtud - 10-16-2018, 07:14 AM
RE: Any options traders here? - Sleazy - 11-12-2018, 05:04 PM
RE: Any options traders here? - Sleazy - 11-13-2018, 05:21 PM
RE: Any options traders here? - Sleazy - 11-19-2018, 08:38 PM
RE: Any options traders here? - Bacchus - 11-20-2018, 12:04 AM
RE: Any options traders here? - Sleazy - 11-20-2018, 10:04 AM
RE: Any options traders here? - Captain Gh - 11-20-2018, 01:06 AM
RE: Any options traders here? - Sleazy - 11-20-2018, 10:08 AM
RE: Any options traders here? - Captain Gh - 11-20-2018, 11:04 AM
RE: Any options traders here? - Sleazy - 11-20-2018, 11:31 AM
RE: Any options traders here? - tomtud - 11-20-2018, 02:47 PM
RE: Any options traders here? - tomtud - 11-20-2018, 04:40 PM

Forum Jump:


User(s) browsing this thread: 1 Guest(s)

Contact Us | RooshV.com | Return to Top | Return to Content | Mobile Version | RSS Syndication