u/Ok-Function-6172

How to group working orders with associated position

I tried asking support about how to do this on the web application and they said could not be done. I just downloaded the desktop app since I have never looked at it. Initially looks the same. I have a number of option positions open with a sell stop and a take profit stop. These remain as open working orders and are all placed together at the bottom of the page. Trying to figure out which orders go with which current position is confusing. I wanted to have them all grouped together. The current open position with its working orders. How/Can that be done?

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u/Ok-Function-6172 — 14 days ago
▲ 30 r/options

The case for or against selling options early

I see this has been addressed in different scenarios already but still like to hear current thinking. I have been trading options 6 months. I only trade cash settled XSP SPX and NDX. credit spreads, iron condors and occasional butterfly. I spent a lot of time trying to learn best practise so I had been selling at around 45dte and buying it back once it was at 50%+ profit. It often seems like a long time for that to play out. Recently I have also been buying much shorter options 0,1,4,8 days typically. My account only has 7k in it so I am dealing with small trades. Anyway, it is pretty active compared to the longer options. In this scenario I have been just taking profit very quickly, especially if I think the market will be turning. A lot of 25% or 30% wins. Something like 60 bucks in my pocket than immediately put on a new trade. I have not gone back and analyzed how these trades would have ended up. Maybe I am leaving money on the table. Wondering if people here close this early on these short trades?

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u/Ok-Function-6172 — 22 days ago

SPX put 45DTE credit spreads - how do you decide to enter trade

I have been selling credit spreads on SPX and XPS for about 4 months now. 45 DTE usually buying delta in the low to mid 20's. I have been trying to pick support levels and watch the RSI and MACD to better my odds when choosing calls or puts. It worked really great for awhile but I switched to calls based on those indicators and if you were to examine where the RSI became oversold and still is !! you will see that I made the wrong call, so to speak. I was just wondering for others out there that are selling spx options what criteria do you use to enter a trade. Do use indicators? Do you sell calls and puts or just puts? Do you never look at anything just sell based on delta and cash in and out based on percentage?

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u/Ok-Function-6172 — 3 months ago

On the web platform, is there a way to lock the left hand menu from automatically having the analysis open as a fly out every time I want to use the curve analysis? Constantly having to minimize it when I go back to positions as it blocks some of the screen.

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u/Ok-Function-6172 — 4 months ago