What I am looking for when it comes to options trading:
These are just some of the things I will be keeping an eye on when it comes to choosing options. Below is an example of what you can expect visually on a daily basis:
EXAMPLE:
Good evening friends and welcome to the watchlist! I have added a few quality options for you to keep an eye on. Be patient and do your due diligence. Good luck paper trading!
YUM (DAILY) – Sell Call/Buy Put
Sell Call/Buy Put Indicators:
Comment: Looking to enter a long put that expires on Jan 19. Go for .70 delta or higher and keep an eye on volatility.
BOX (DAILY) – Sell Call/Buy Put
Sell Call/Buy Put Indicators:
Comment: Looking at a long put option on the Jan 19. contract somewhere between the .69 & .76 delta. Volatility is within a comfortable range and there is some open interest at the moment.