WBC 0.67% $26.97 westpac banking corporation

eto opinion on choice please, page-6

  1. 5,822 Posts.
    re: eto opinion on choice please ... arthur Hi Arthur ... remember with 'time-decay' that you only pay for what you use ... and when you sell the option you get back the unused portion.

    As we know the rate of 'time-decay' varies.

    Sooo ... it is better to pick a time frame that has a lower rate of time-decay such as 6-8 weeks out from Expiry for 2-3 week trade. Try to avoid the last 4 weeks.

    Also LEVERAGE works better 'out-of-the-money' ... and there is also the LIQUIDITY factor ...

    LEVERAGE and RISK are related so a compromise is required.

    We should try to plan our trade so that we exit AT-THE-MONEY ... thereby max the leverage and liquidity at our EXIT point.

    Cheers ... tight stops.


    This is only my view ... read the red stuff.

 
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