Options Trading Blog
Options trading experience since 2005...
In the previous article, we saw what trading in the last days means, and how the sideways movement influences the purchased options.
Continuing the previous article, we examine what happens when only one day is left and the underlying product does not move or makes hardly any move. In this example, we’ll analyze SPY again. We are on the day before last, right after closing.
Options books teach beginners - quite rightly, I note - that when buying options, they should no longer hold onto the option in the last 30 days, they should get out of it.
In the present article, I am going to explain how you can make money if you own shares and the market moves sideways.