SPI-no locate but I took the meat of the move.
ROKU-great great opportunity today. comcast catalyst+technical crackdown. but I used tooo little size due to fear in the past. There must be some rules enforced on trading these options.
option rule: 1) ready to lose 50-100% of the position.
2)ridiculous volatility. it fluctutate around 1.90-2.60 area and I know once $2.60 breakout it could go huge. but the problem is once 2.60 breakout it sits at $3 for a few seconds then $4 then.....5,6,etc... it's difficult to add when stock moves so fast and so big. but in the future I must force myself to add when big breakout/breakdown occurs. say using 30-50 contract when it hangs around but $2.60 break don't be afraid to take liquidity at 3, 3.5, 4!!!!these are options you won't get filled by sitting on bids!!
when trading these remember, I would rather add at significant higher!!!!! the correct way may be add another 100 at 3, then 100 at 4..that's it.
No comments:
Post a Comment