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The Simple System That Eliminates Options Analysis Guesswork Here's the question I get more than any other. "Roger, I've got the ProTrader Dashboard signal — now which option do I actually trade?" Look, I get it. You see that long or short signal pop up, and suddenly you're staring at an options chain with dozens of strikes and expirations. Where do you even start? The answer is simpler than you think. I'm going to give you the exact formula I use every single day — the same system I teach in my VIP Trade Room that removes all the complexity and guesswork from options selection. The .70 Delta Formula That Changes Everything When someone asked me during a recent session how to convert ProTrader Dashboard signals into good options trades, my response was immediate and definitive… Select the .70 delta. That's it. No complex analysis, no debate about strike selection — just .70 delta for calls and puts. But here's where the timing component becomes critical. The expiration you choose depends entirely on your trade duration. If you're day trading, go four to eight days out — you're basically looking at weekly options. If you're swing trading, you're looking three to four weeks out — that's your monthly options territory. Why .70 delta specifically? Because it gives you approximately 70 cents of movement for every dollar move in the underlying stock. You get substantial leverage without the extreme time decay that crushes deep out-of-the-money (OTM) options, or the massive capital requirements of deep in-the-money (ITM) contracts. From Signal to Trade in Seconds This formula works universally across all ProTrader Dashboard signals — whether you're trading large caps or smaller names. The dashboard gives you the directional signal and timing, the .70 delta formula helps to provide the contract selection, and the dashboard's automatic profit targets and stops handle your exits. Integrated seamlessly with TradingView, the ProTrader Dashboard enhances your trading experience by providing real-time data and charting capabilities, ensuring that you have all the tools you need for precise execution. This integration allows for a more dynamic trading environment where you can react swiftly to market changes. The beauty of this system? It removes virtually all discretionary decision-making. Day trades get the shorter time frame because they need less time premium. Swing trades get the buffer of additional time to let the trade thesis develop. No exceptions, no overthinking. I also show you how to do spreads, debit spreads, in the VIP Trade Room almost daily — but the foundational principle remains the same... Start with .70 delta for your long leg, and you're building from a position of strength. The dashboard's capability to set automatic profit targets and stop losses means you can manage risk effectively without constant monitoring, allowing you to focus on strategy rather than execution minutiae. Remember, successful trading doesn't require complexity. It requires a proven system executed with discipline. This is that system. If you’d like more info on the ProTrader Dashboard, we’re running a Presidents Day special but it expires at midnight tonight… Just go here! Follow along and join the conversation for real-time analysis, trade ideas, market insights and more in my official Telegram channel! Important Note: No one from The TradingPub team or Roger Scott Trading will ever message you directly on Telegram. *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. |
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ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. The TradingPub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. Unsubscribe |
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