Hello traders, this curently analysis for NASDAQ 100 index.
On this NASDAQ 100 and SP 500, I write options, whether OTM, ATM, or ITM spreads, I only put put spreads. Based on market and expected volatility characteristics, I then decide whether to choose OTM, ATM, ITM. Currently I have 2 zones on NASDAQ 100 where it would be appropriate to use option contracts. The upper zone is weaker, it is a local zone, here I would definitely declare OTM spreads with expiration 5-7 days. More aggressive traders could use ATM, but from my point of view it would be very aggressive, and of course it depends on the expected volatility. The lower zone is suitable for listing an ATM spread with a 2-week expiration, of course again if the price reached our zone will again depend on the expected volatility and according to this I would then choose a suitable expiration.
On this NASDAQ 100 and SP 500, I write options, whether OTM, ATM, or ITM spreads, I only put put spreads. Based on market and expected volatility characteristics, I then decide whether to choose OTM, ATM, ITM. Currently I have 2 zones on NASDAQ 100 where it would be appropriate to use option contracts. The upper zone is weaker, it is a local zone, here I would definitely declare OTM spreads with expiration 5-7 days. More aggressive traders could use ATM, but from my point of view it would be very aggressive, and of course it depends on the expected volatility. The lower zone is suitable for listing an ATM spread with a 2-week expiration, of course again if the price reached our zone will again depend on the expected volatility and according to this I would then choose a suitable expiration.