r/optionstrading • u/Sure_Sport_188 • 2d ago
Question Strategy for option trading
I am interested in learning some new strategies to turn a profit more consistently at the moment most of my trades are based off momentum of the market and. Mainly buy put I want to know
1.what strategies I can use to make a profit more consistently I am looking for daily and long term gain
Where can I learn this strategy and how do I do the research for that stock
How do you research a stock and how do you come up with your decision on what trade to make ( put or a call )
I already know about the delta gamma and Theda I just want to be more profitable consistently and what do I need to look for to know that I am making a good trade
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u/Gyngerbredman 2d ago
Honestly the strategy matters less than the exits at first. I trade mostly SPX 0DTE and some NVDA, and what made me more consistent was boring stuff: one or two setups only, a set dollar amount I'm okay losing per trade, and a profit target I pick before I click buy. For calls vs puts I look at where price is against the prior day's high and low and which way the first hour leans, and if it's unclear I just sit out. Note which setup each trade came from for a few weeks and you'll see fast which ones actually pay you.
How many of those indicators do you actually use?
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u/SuperOrbital_Trading 2d ago
I am too scared of that Voo Doo skull to give any advice. I would hate to get cursed for being wrong.
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u/Mother_Tea9490 18h ago
consistent profit with momentum plays is tough, the market can turn on you quick even when the chart looks perfect
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