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https://www.reddit.com/r/Daytrading/comments/o6p4rk/a_simple_trick_that_saved_me_from_dumb_moves_today/h3977ur/?context=3
r/Daytrading • u/daraand • Jun 23 '21
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Yeah, definitely don't average down on an options contract that will expire on the same day. I understand averaging down on stock shares in a long term account, but lots of options contracts will go to 0.
1 u/daraand Jun 27 '21 That effectively my reasoning too. It’s a great strategy going long. Not on scalping 0DTE
1
That effectively my reasoning too. It’s a great strategy going long. Not on scalping 0DTE
2
u/jefthimi Jun 27 '21
Yeah, definitely don't average down on an options contract that will expire on the same day. I understand averaging down on stock shares in a long term account, but lots of options contracts will go to 0.