January 6, 2020

Setting Up A Zone Watchlist In TOS

Trading can be a daunting task.  It can even become more daunting when dealing with equities.  How in the world do you decide which equities to trade among the many thousand listed?  We have shown the power of using a watchlist.  Over in STO, our initial watchlist is more or less static.  It has the most liquid, highest open interest and tightest bid/ask widths out there when it comes to options.  How can we approach this when it comes to our ZONE METHODOLOGY?

Click the video below as I discuss this in more detail.

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about the author:

Mike Shorr

Since 1994, Michael has been an on-the-floor market maker, Vice-President of Interest Rate Derivatives for Knight Financial Products and Director of Education and Options Instructor at Trading Advantage. He makes the oftentimes complex world of options and trading accessible to the novice and advanced trader alike. Michael has a Bachelor of Science degree in Statistics and Finance from the University of Illinois Champaign-Urbana. He presently is Director, Trader Education at ProsperTradingAcademy.

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May 8, 2024

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Understanding the Delta of an option is crucial for both new and seasoned traders. It’s one of five specific calculations called “Greeks,” which help measure specific factors that could influence the price of an options contract. Delta is a metric that helps you gauge how much the value of an option contract is expected to […]

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