A SIMPLE DAY-TRADING OPTIONS STRATEGY

They say buying options is a “fool’s game” and day trading options is impossible. So let’s say right off — they are wrong about that.

TRADES are based on this simple day-trading strategy to be on the long side of the calls and puts for day trades; and referenced in this story — I told a guy how to make 100% day trading options and I doubt he believes me.

The open signal is clear and truly simple.

If the call options are above their open, buy the calls; if the put options are above their open, buy the puts.

That’s it, but use a stop-loss to control risk.

12/12/2023

I am frequently asked the obvious question: what is the the strategy?

And when I answer each individual it is this, (see the old links above) I see the doubt remains. I guess it is so simple few if any can believe it.

So today I thought I’d post it again without the distraction of any more discussion than this, and without any confirming charts to distract from the simplicity of the trade.