Yep. I usually take a call/put a right outside of the money. So let’s take for example right now qqq is $619.15 and I wanted a call, id look at $620-621. I read the charts using volume price analysis and real time options flow using HIRO. I aim for $75-200 profit a day. I figure If I can make $100 a day on average, that’s $25k a year. So basically $12.5k into my brokerage and $12.5k into VUG a year. I think it’s a good way to play the options “gambling” game while still investing long term
Exactly. My brokerage plan is a much less risky (albeit still risky) strategy. I essentially scalp weekly options and take 50% of my profits and place them into $VUG. I trade 1-2 contracts at a time and it’s worked relatively well. I also have a pension, 457, and Roth ira as my “safe” investments. This guy is asking to lose everything lol