I wanted to share yesterday's trade... especially for other newbies looking to try a few low value trades.  I've been buying Thursday straddles for the following day expiration.  I also bought an HD yesterday.  I think recent options are underpricing how much this crazy market has been moving on many Fridays.  If you want to try it, I suggest you buy a tight straddle.  I've lost on most of my thursday directional bets.  
FYI.  The corresponding call is about to expire worthless, a loss of about $80.  It's approximately 100% return on a one day trade.  I should have gone big!
 

Hello all - I am new here and trying to set up a new option trading account so I can reduce the commission and fee which seems to be crucial to maximize your gain when trading with the SO strategy. Currently, after reading a few posts, I'm looking at either Tradier + ONE or + tradehawk. Now, I would be grateful if someone can share with me what would be the average number of contracts do you get to really transact on average (per month) for a 100k portfolio size so I can sign up with the right plan. Tradehawk has a current plan that if I trade more than 300 contracts per month, it would refund the $59 fee. Hence, I am wondering if I would be able to reach this threshold. I saw that the official SO trade are about 10-12 trades per months but the number of contracts is a big variable depending on the stock price and fill rate. I am also aware that bigger lot size could have a hard time getting order filled if blindly following the official trade. Can anyone share his/her experience? It would be great if you can give me a rough ratio of how much do you actually follow the official trades as well i.e. 500 contracts/month and about 50% of the time...