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Shhhh! -- I thought intraday trading of Index Options was daytrading's best
kept secret! :)
Can't imagine doing it without TS and some indicators that I've developed,
but if you can do it with delayed charts without TA-- more power to you!
TS5 will have a feature that is very beneficial in intraday Options-- it
will allow you to plot the RT Bid/Ask around the current price. Only
drawback I've found is that a renegade Option trade can be reported up to 10
minutes late without being considered illegal-- but it's rare and can easily
be traded around.
Haven't seen any books, but I hope nobody writes one!
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At 07:47 PM 10/7/98 -0500, you wrote:
>
>All,
>
>I've recently started daytrading options and am pleasently
>surprised at how intuitive and controlled intraday trading can be.
>I'm fast becoming convinced that trading derivitives with EOD data
>holds too much risk with too little reward. On the other hand if
>you trade intraday you can take advantage of some wonderful daily
>range swings and limit losses almost immediately! Combos and other
>strategies can be used as well!
>
>So... can anyone recommend some good books on intraday trading as
>it applies to equity and index options?
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