US Option Traders - When do you sleep?

[mg11]

I'm wondering how those that trade US Options deal with the time difference between USA & Australia

I'm only interested in nights where you have resolved to put a trade on or take one off. The question may also apply to Stock & Futures traders - but it is really important to Option traders, Option prices changing with Volatility
as well as changes in the underlying

Presuming you need a few hours sleep each night & keep normal Aussie hours -
Do you trade at the start of the US session ? ( When you're half asleep..
Do you trade at the end of the US session ? ( When you are trying to wake up..
or Do you set a Limit order & go to bed & hope ?
or Maybe you have a Full Service broker that 'does their best' for you

 

[CanOz]

Re: US Option Traders - When do you sleep ?

I know a guy in NZ and he uses one of these....

 

[skyQuake]

I'm wondering how those that trade US Options deal with the time difference between USA & Australia

I'm only interested in nights where you have resolved to put a trade on or take one off. The question may also apply to Stock & Futures traders - but it is really important to Option traders, Option prices changing with Volatility
as well as changes in the underlying

Presuming you need a few hours sleep each night & keep normal Aussie hours -
Do you trade at the start of the US session ? ( When you're half asleep..
Do you trade at the end of the US session ? ( When you are trying to wake up..
or Do you set a Limit order & go to bed & hope ?
or Maybe you have a Full Service broker that 'does their best' for you

You can sleep on Sundays and US public holidays
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Or just trade the first and last hr where the volatility is. With daylight savings fully kicked in US open 11:30pm and closes 6:00am

 

[wayneL]

It depends how you want to trade. Now that I run a business outside trading, I just place trades in the last hour or two of the session. I'm up at the sparrow's fart anyway so get a normal sleep.

I could definitely scrounge better return when full time trading, but that will take a toll on you in unexpected ways. FWIW.

 

[AC1980]

before the newborn came along, it was sleep at 9pm, wake up at 4am, trade/scan/research til 6am, have breakfast and then off to work. now with the newborn bub, it's definitely a struggle - hold baby with the left hand, strong coffee in the right hand