Improving on my Buying Option Strategy

simple buy option strategy

With small success in my buy options play, I became bold and twitch my option play with 50% on buying options mode. That is a  mistake but learned an important aspect of buy options ie probability of win and taking profit is key.

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Volume and Open Interest for Option Strike Price

Something new I learn today.  Using open interest and volume to guide in safe option entry. When there is high volume and high open interest at the specific strike price. That is a good entry strike price for the sell or buy option strategy.

As optioner, this two indicator can assist me in improving my winning rate.

Will start testing option using these two indicator for the next couple of weeks.