Stock Option Stategies

 👀 Big risk = Big reward. This quick guide is helpful to reference back too, so save it. Scalping 0dte options on the QQQ ETF ( Invesco QQQ Trust ) involves taking advantage of small, short-term price movements in options contracts. It’s a high-risk strategy that requires precision, quick decision-making, and a solid understanding of the market. Here are some of the best practices and strategies for scalping options on QQQ: 1. Choose the Right Options Liquidity: Focus on options with high open interest and volume to ensure tight bid-ask spreads and easy entry/exit. Short Expiration Dates: Use weekly options (closer to expiration) for higher gamma and quicker price movements. At-the-Money (ATM) Options: ATM options provide a good balance of price sensitivity (delta) and affordability. 2. Timing and Market Conditions Focus on Volatility: Trade during high volatility periods, such as at market open (9:30–11:00 AM EST) or around economic data releases. Avoid Flat Markets: Scalpi...

   As the SPY keeps going up it's important to keep your eyes on the technical as that is what really tells the story, not the talking heads on TV.  Here is an article on buying a call option that is very in depth and not for the novice trader.  Here's a brief summary Trading an option can be done in many ways, the easiest way imho is to put the option strike in a chart and follow along with the corresponding stock, soon you will understand the flow of that chart as theta decay starts to creep up the closer it gets to expiration.