Stock Market Options, Calls, Puts, and Spreads.

Swirv

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I’ve been having success after learning more about how to trade. I have to learn to be content with with 30% gains. Asking for more than that after one day is unreasonable and incredibly risky.

FDX $270C 12/18/20
 

Doomsday

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:mjlol: I came up with a new technique I call the "Hamburger Straddle". Looking at an option calculator, my chances of red are next to nothing.

:mjlol: I'm going to destroy the penny stock market with this strat (the ones that have options).
 

Macallik86

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Does Robinhood do option trading?
Yes. You are probably better off with a more established options broker if that is the direction you plan on heading though.

Now that everyone is commission free (save for a fee per options contract... usually around $0.50 - $1), imo there isn't a real reason to stay with RobinHood given their less-than-stellar options trading platform (Do they even have a desktop version yet?)

I would recommend eTrade or TdAmeritrade or Fidelity
 

GoldenGlove

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Yes. You are probably better off with a more established options broker if that is the direction you plan on heading though.

Now that everyone is commission free (save for a fee per options contract... usually around $0.50 - $1), imo there isn't a real reason to stay with RobinHood given their less-than-stellar options trading platform (Do they even have a desktop version yet?)

I would recommend eTrade or TdAmeritrade or Fidelity
I use Charles Schwab personally, I just remember hearing that Robinhood is limited for more advanced options/features compared to others. That's why I opened up a Schwab account.
 

BukowCrow

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Are there any resources anyone would recommend to get started on options trading?
 

humminbird

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Ok so last year I found this service
Unusual Whales
It detects when there's heavy volume on an option and then alerts you
you still have to do due diligence but so far it's been amazing on my plays
Do you remember when Salesforce bought Slack?
The service found that 3 weeks before the deal there was heavy options activity on Slack Calls so I bought some :banderas:
Don't buy every option alert and only buy calls and shorts you believe in
there's a twitter page but there's also a site
‎@unusual_whales
Unusual Whales
 

Rekkapryde

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Anyone here trade on NSE? The Nigerian Stock Exchange?
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Human Torch

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:mjlol: I came up with a new technique I call the "Hamburger Straddle". Looking at an option calculator, my chances of red are next to nothing.

:mjlol: I'm going to destroy the penny stock market with this strat (the ones that have options).


Tell me more :lupe:

Ok so last year I found this service
Unusual Whales
It detects when there's heavy volume on an option and then alerts you
you still have to do due diligence but so far it's been amazing on my plays
Do you remember when Salesforce bought Slack?
The service found that 3 weeks before the deal there was heavy options activity on Slack Calls so I bought some :banderas:
Don't buy every option alert and only buy calls and shorts you believe in
there's a twitter page but there's also a site
‎@unusual_whales
Unusual Whales


Did you go with the premium or just the regular Twitter feed?
 
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