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Juan

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Posts: 3

Joined: 11/4/2012
Location: Round Rock, Tx

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Subject : RE: Issue with ATM3 Missing Entry Signals
Posted : 4/10/2020 3:55 PM
Post #31005 - In reply to #30959

Barry has the Nirvana development team had a chance to look at this? Note, "AutoTrade" is not a good idea for several reasons. One, it also has issues of sending trades a day late. I just opened up another message thread on that issue.

Second, I would never want to automate the trades for Options since the spreads can be very wide. Many equity options have become untradeable due to the very wide spreads...even big-name market cap stocks as found in S&P 100. For example, recently I saw Walmart (WMT) options with bid / ask spreads of over 100% difference. This is probably due to the Coronas Virus causing huge volatility in the markets. Thus, when I enter into Option trades, it is always manual but only after I've determined that the spreads are within reason (like no more than 5% to 10% spread).

Thus, I'm hoping the Nirvana team can get the ATM Trades properly added to the Focus List like traditional OmniTrader signals.

Thanks.
Deleting message 31005 : RE: Issue with ATM3 Missing Entry Signals


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