coo coo thanks. Should I use different flair for this? Other users told me it is not considered DD

np. it often gets downvoted lol

Sell them

Market order in the am

Been on BTU since March. Since you are one of the non regarded, look at VOC.

you need to transact on liquid options to make money. Period.

if you try to buy an option for $100, but can only get a fill for $105 and then try to sell it 1 minute later for the $105 you paid, but can only get a fill for $95 then... you lost $10 in 1 minute getting in and out. That is 10%

What most people don't realize is that this bid ask spread robs them of a large portion of their profits and it amplifies their losses.

​

now if you look at my chart you can see the "efficiency" column and determine the most liquid, most easily transacted, tightest bid/ask spreads.

In my example above, if you have a highly efficient option, you might want to buy it for $100, get a fill for $100 and then be able to sell it for $100. That is highly liquid and easy to trade.

Those are the options you want to be playing with.

ok working on it.

fair question. A few others asked and mentioned they have no idea how to implement this info.

I will do a post on it and explain in detail why this matters

a top financial data broker... rather not say. But it is aggregate data from "all" the exchanges compiled at the date I run the report.

fair enough and figured I would get that feedback. what should be good target for this audience?

top 25 options and then maybe 5 columns of data? I think that would make a nice "square" that is more actionable

I’ll take a look and see why they are not on the list. Good finds. Thanks

Anndddddd it’s gone

Hence the word expected

ok I will increase the stroke width to 5 so you can snort this before trading. The lines are quite long tho making up for their skinniness

yessir. now its shared with you tho creating "our" report

yeah this is the way. Gracias

Should I add a tits icon to indicate which will go tits up and which will go tits down? Good suggestion

Yes I wrote the script, yes there is a github but not ready to share that just yet. Going to dial this in a bit better and then try to share it daily with the sub.

Even if I shared the script you couldn't run it without the data service I am paying for - and... uh... also don't have redistribution rights to.

Are you the one?

Nahh... you click it, it comes up trying to fit in one browser window, which is too small, you click again to zoom. Now it is not blurry (at least on my side).

Either way its too hard to read as is so I will fix it up

yep. Did it make sense to you?
If you take the call and put prices, expiring this friday, you can extrapolate what they market is pricing the expected move for this friday.

yeah fair, I figured it would only matter if you ended up with shares. Thanks for explaining

But if someone day trades an option on a REIT and day trades an option on SPY the gains/losses are subject to different tax treatments?