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Trading Options

Posted: Mon Aug 02, 2010 7:39 am
by neutral888
Hello all,

Firstly, DG is an elegant piece of work. Thank you Charlie and Ted for bringing this to us.

Does anyone on here use DG to trade options?

If so what would be good ways of trading options?

My guess so far has been to trade the monthtly highs and lows as per the SFT's.

I have considered trading weekly highs and lows and thought it might be a little time consuming, as one may need to look at the screen every hour or so.

Does anyone have some light they might like to share on DG and trading options?

Thanks,

Frank

Re: Trading Options

Posted: Fri Aug 13, 2010 9:25 am
by ted
I'm not an options trader but the strategy that comes to mind would be to sell premium when you see a DG-defined exhaust on the HTP's... say a monthly exhaust into a quarterly or yearly key resistance or support line. A retracement is highly likely and so the risk is low, and the trade can be easily monitored when it reaches key points such as the envelope top or bottom.

Re: Trading Options

Posted: Tue Sep 14, 2010 9:17 am
by neutral888
Thanks for that Ted.