With the information from the Volume Profile, you can analyze price action and build complex orders like the Butterfly Option Spread strategy. Targeting the high-volume nodes on your volume profile or the points of control can lead to high-probability trades. A significant advantage is that you can trade these spreads after hours and don't need to be above PDT to day trade them. However, the biggest drawback is the commissions are much higher than those of Index and Stock options.
With the information from the Volume Profile, you can analyze price action and build complex orders like the Butterfly Option Spread strategy. Targeting the high-volume nodes on your volume profile or the points of control can lead to high-probability trades. A significant advantage is that you can trade these spreads after hours and don't need to be above PDT to day trade them. However, the biggest drawback is the commissions are much higher than those of Index and Stock options.
Yes please, more volume profile examples.
Awesome stuff. Thx Litt!
Thanks for letting us know that we can trade spreads on futures, I personally did not know it. Great video!
amazing video
Do we have this indicator on trading view
You are awesome! Keep it up! Thanks for sharing your info. Love it! ^_^
Cheers mate!