Support Board
Date/Time: Tue, 26 Nov 2024 08:49:51 +0000
Post From: Nasdaq total view with IB chart trading
[2022-02-28 22:49:50] |
TraderX703 - Posts: 14 |
@1+1=10 Makes sense on the study in regards to options. Even if I just had the Current Zero Day strikes plus next expiry for SPY is all I need. I use the SPY chart for my TA to find areas for trade. I then enter the option trade based on that. My exit is also based on value of SPY itself but i watch the booktrader in TWS for the gain in option which is where. today, I also execute the trade. I'm in trades for a few minutes to maybe 20min max. There are only one or two trades a day that meet criteria. It's about scale. For example 100 contracts on a .30 move is 4k in profit. I'm not looking for Options tables across a variety of tickers. Just SPY. I use a 1min and 5min spy chart. I watch Volume profile/ Cumulative Delta and Vwap (plus a 2 day anchored vwap). Everything else is found with supply/demand levels and key S/R levels. -james |