Normal
Exactly what I have done. Over a reasonable period of time, I have closely watched option chains to see how they move through the day to establish if there was any decent opportunity. However, I found that slippage, IV loss and brokerage usually didn't make them a good risk to reward strategy.I do buy options for potential directional moves, but not with the intent of day trading. They usually last a few days to get exposure to overnight moves and the risk to reward is significantly improved than the few cents you are taking out of daytrades.
Exactly what I have done.
Over a reasonable period of time, I have closely watched option chains to see how they move through the day to establish if there was any decent opportunity. However, I found that slippage, IV loss and brokerage usually didn't make them a good risk to reward strategy.
I do buy options for potential directional moves, but not with the intent of day trading. They usually last a few days to get exposure to overnight moves and the risk to reward is significantly improved than the few cents you are taking out of daytrades.
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