My Options Trade Alert Process (Patreon)

Lots of options and LEAP questions lately.... here is my process.

Options pricing is dynamic, and I can’t choose options until I review real-time prices and fills.

My process is:

first, conduct technical analysis - my indicators tell me when to strike eg IADSS Mean Reversion, ATR, Rotation Model, LILO etc

second, evaluate all options pricing; I can do this in seconds by scanning sheets like this

third, place a limit order or set a net debit and wait for a fill. Frequently, I account for most of the options volume, and it can take a while for market makers to fill my orders. Today on TTD I was most of the volume or all of it... i have also had options orders dangling for many days or even weeks before I got a fill.... eg if I am filling 100 contracts to buy calls and 100 contracts to sell puts at a fixed net debit, sometimes they will 10 at a time and it takes an hour to fill my bag.