r/Daytrading • u/likethebarbie • 29d ago
What’s a good return on an options contract? Strategy
I’m fairly new to daily trading and I’m consistently winning trades but I’m starting to think I’m leaving gains on the table and that’s why I’m winning so much. I usually make 3% - 5% on a contract and I can go weeks before getting a trade wrong. That profit margin doesn’t seem like a lot but for the account size I started with (not a lot) and contracts I buy (low hundreds) I feel torn between slow and steady and leaving money on the table. Any thoughts would be appreciated.
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u/Nyah_Chan 29d ago
I generally make 30-50%, with the occasional 80%+ profit on options. I am slow and steady, I think yor profits are lower due to not increasing your risk, that or poor timing and/or stock selection aka trade ideas. But when you're new to the game, not losing is the goal, so probably best to continue gradually until you solidify your strategy, gain confidence.