Options Trading Strategies Archives

Renko Options Trade Review – Synthetic And Income Trades

Renko option trade review for options position trading. The discussion will include multiple days of QQQ position trading, focusing on 2 trade types: using weekly options for making synthetic trades and selling out of the money monthly options for income.

There are 3 Renko options trade review videos. They will further discuss the trade setups with the option expirations and strikes to trade. Also included will be profit graphs and position curvature studies for making management decisions.

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Renko Options Short Strangle - What Is The Assignment Risk At Expiration

Renko Options Selling: Short Options At Expiration And Margin

Renko options selling trading strategies are used for SPY QQQ underlying trading. These are synthetic option positions where long options are combined with short options to emulate the underlying. While the positions have the same profit and loss profile as a SPY QQQ position trade, there are other considerations because they are options.

To begin with, selling uncovered options, especially calls, have margin and approval requirements. Additionally, traders must understand what happens to their short options at expiration and manage them accordingly. Short in the money options can be assigned, leading to unwanted long or short positions in the underlying.

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Renko Option Trading Position Strategies

Renko Options Strategies: SPY Position Trading With Options

Renko options strategies for position trading the SPY. The strategies include put and call option buys to replace trading the SPY and also options selling for income. The same day trading setups and strategies will be used for options trading but in a different way. The price envelope reverse and midline reject will still be used for option buys and directional trading, but the price extreme reverse may be used for option sells instead of trade reverses.

The Renko options trading chart brick setting size will be larger than the day trading chart to accommodate position trading. We are looking for a chart similar to a 60-minute chart for fewer Renko trade setups and for longer term position holding.

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