I HATE SCALPING OPTIONS !!!

Today I scalp Options. Price and funny spread made my head fuzzy. Very not rewarding. For Example Options XYZ when you bought = bid 100 ask 105 + 1 commission. Then you had 6 disadvantages or 6% behind ( 6 / 100 ). Then you made profit bid 110 ask 115. another 6% behind. Total disadvantages = 12% !! Not mentioning iliquid session's spread is 10!!!.

Then only good things scalping options is : They are cheap and we can make scaling. Try it who want to make unbelievable winning ratio.

Let's look at Futures, ES for example : bid 1200.00 ask 1200.25 + 2.1 commision. You had 14.6 disadvantages or 1.43% (1 ES contract = 1000) then multiply it at exit you had only 2.86%. ES is the most liquid Future in the world.

Once again, they who had more capital has more opportuinity getting more rich.



Here's CL prediction. Warning !!!
MARKET IS TURNING !!! I dumped my Bullish Bias on CL. Next Stop will be at $85 then prepared for going down hard and fast.