Wins at option trading can be maximized by using Distribution Rank as option purchase filter.
When using Distribution Rank as a option purchase filter the best rate of winning for SPY Call options occurs when the 10 day distribution rank is 70% to 85%. The winning rate is at this level can be 3 times higher than when the distribution rank is between 15% to 45%. This shows the buying at the lowest possible price will not produce the best ratio of option trading wins. Continue reading “Distribution Rank Purchase filter to Maximize option trading wins”