Comments on: Stock Indexes Testing Key Support

By: gklashinsky

gklashinsky — Mon, 03 Feb 2020 17:04:57 +0000

In reply to czekboi. A deep in the money option has far less extrinsic value (the premium you're paying to buy the option) than an at the money option and has a higher delta, which means the value of the option will change more than that of the at the money option for the same change in the underlying.

By: czekboi

czekboi — Fri, 31 Jan 2020 19:38:56 +0000

In reply to gklashinsky. Why deep in the money? Thank You! That was helpful/

By: gklashinsky

gklashinsky — Fri, 31 Jan 2020 19:35:26 +0000

In reply to czekboi. I trade options pretty much exclusively and for a swing trade I don't go out longer than 30 days and for a single leg trade I'll go deep in the money. For spreads I like an in-out spread.

By: czekboi

czekboi — Fri, 31 Jan 2020 18:08:09 +0000

In reply to Bear trap Dan. I know, but still asking for educated (experienced) recommendation

By: Bear trap Dan

Bear trap Dan — Fri, 31 Jan 2020 17:56:28 +0000

In reply to czekboi. He usually doesn't trade options.

By: czekboi

czekboi — Fri, 31 Jan 2020 17:29:02 +0000

Hello Randy! Can you give me and idea (if trading options) how far out expiration you consider for swing trade?

By: propooper98

propooper98 — Fri, 31 Jan 2020 17:14:21 +0000

I flipped from qqq short to long at 219.60, maybe my lucky day. Just closed it out & back to short. If you have any open long positions or flip them back to short lmk!