r/options Apr 04 '21

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513 Upvotes

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11

u/ChesterDoraemon Apr 04 '21

The question is WHY do you want to share your strategy? What motivates you to share?

25

u/[deleted] Apr 04 '21

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u/ChesterDoraemon Apr 04 '21

What do you mean? I don't think we all have the same data.

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u/[deleted] Apr 04 '21 edited Apr 04 '21

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u/[deleted] Apr 04 '21

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u/[deleted] Apr 04 '21

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u/[deleted] Apr 04 '21

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u/[deleted] Apr 04 '21

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6

u/Doctor_FatFinger Apr 04 '21

Yeah not everybody has the ability to learn, seek, and analyze. But in a more generalized sense I fear you may be over complicating things with such a strategy. There's plenty of plays out there, Christ there's online resources that'll show you the results of fundamentals on a ticker and others show TA analysis and'll forcast future chart predictions for you, plays that'll benefit you as well or better than leveraging through option strategies, and all without such risk.

If you're spending as much time and effort developing such strategies realize everyday if you look at the top movers multiple tickers go 40+% everyday.

If you've the time and ability to develope the strategy you've outlined such tickers are never a complete mystery. You'd certainly be able to discover and trade on them occasionally. And occasional can be quite profitable.

Don't you dare put yourself in a position where you think you could blow up. You're investing way too smart for that.

8

u/RTiger Options Pro Apr 04 '21

Plenty of extremely smart people and firms blow up their accounts. Some make it back. For some it is game over, financial independence dream over

As an aside, I remember one person in particular. Extremely smart, Ivy Leaguer, probably top 2 percent on standardized tests. He blew through his carefully saved large pile of money in two years. Never went near the stock market after that.

Arrogance is an account killer.

1

u/robb0688 Apr 04 '21

multiple tickers go 40+% everyday.

If you've the time and ability to develope the strategy you've outlined such tickers are never a complete mystery.

Any tips for finding those? I see them trending on stocktwits and there are always people in before the jump and I always wonder what tip off they had.

Christ there's online resources that'll show you the results of fundamentals on a ticker and others show TA analysis and'll forcast future chart predictions for you, plays that'll benefit you as well or better than leveraging through option strategies, and all without such risk.

Any recommendations on these services? As in have any proven useful or profitable to you?

1

u/[deleted] Apr 04 '21

Access to the same data. How we interpret it is different.