ETF Option Trading

ETF Option trading method that combines the directional trading of the ETF with the counter trading of the ETF Option.

etf option trades - 9-5 email:  this is being written at 1142ct - i have done a uso underlying trade and an iwm underlying trade with 2 additional option trades --- what-where were these trades?

iwm 9-4:   the previous discussion included what iwm and/or iwm option trades were done after the buy mode reverse AND through 9-2 through 13:30ct - which was the bar before the sell mode reverse. 

where was the sell setup after the mode reverse AND were there any additional option trades done on 9-4 - note that this chart was on the 11:30ct bar?

 

uso:  as discussed previously on 8-27 a uso 100c was sold BUT there was no put buy into the reverse AND i also didn't get any uso sell done. 

consider trading after the 8-25 low AND the buy mode-sell mode --- were there any uso trade setups to do with-after the reverse[s] AND were there any uso option trades that would be done?

 

iwm:  on 8-27 the iwm sell mode from the 8-25 discussion reversed into buy --- where was your iwm buy after the mode reverse - what option trades were done through the 8-29 close AND what iwm and/or option trades were done on 9-2 through 13:30ct.

 

iwm:  on 8-21 the iwm closed near in sell mode near the swing low BUT at a 60 minute extreme-price momentum divergence - with this a synthetic long selling a 70 put-buying a 73 call was added to the iwm-option position. 

8-22 then gave a mode reverse into buy AND 8-25 gave a mode reverse back into sell --- were there any trade setups with-after either mode reverse - were there any option trades that would be done after either mode reverse?

 

xlf:  on 8-20 a trader bought 2 sept 20 calls @ 1.00 AND did nothing else at either mode reverse - on 8-27 the mode reversed again into buy AND there was a continuation move to a 60 minute extreme --- was there a 'better' trade setup with this mode reverse than the prior two AND IF yes why - what option trades would be 'indicated' at the 60 minute extreme?

 

uso:  on 8-19 there was a buy mode reverse BUT that wasn't a trade setup entry.  after the reverse was there a buy setup to be long before yesterday's gap up AND IF yes what-where - also was there any option trade that would be done at yesterday's close AND IF yes what would that be?

iwm:  the 8-19 trade journal discussed the iwm position coming into the september expiration along with the trades related to the mode reverse and the related option trades.  since then has any short option had to be 'traded against' AND IF yes what option-what trade was done - also was there any option trade that would be done at yesterday's close AND IF yes what would that be?

 

iwm-08182008:  what was your etf option position coming before the mode reverse - was there an iwm sell setup with-after the mode reverse - was there any option trade that would be done after the mode reverse?

 

ETF Options Trading - Training Introduction

Audio:  audio1  audio2

i mention trading options AND some people tune out thinking they are too confusing or risky

 

position trading -vs- day trading - not an either-or

something that could be traded profitably before real money day trading

what to trade

sector participation that wouldn't futures day trade

single etf - portfolio approach

 

 

 

Option

 

buying options - selling options

basic strategy - option buys OR covered sells

 

expiration math -vs- directional math

multiplier

delta

at the money

intrinsic value

 

call option

put option

underlying -vs- call option

continue training session