I have been reading quite a bit on options, including the FAQ on the sidebar. But when dealing with money I like to be sure that I'm not missing something My major point of confusion is with short term expiry/unqualified …
I've been mostly trading short term options in the past few years and want to diversify my strategy a bit and do some LEAPs. Curious if anyone had experience trading 12-18 month LEAPs on 3X leveraged ETFs and holding them …
Hi! I'm a generally conservative options trader, mainly I sell covered calls and cash-secured puts on companies that I'd be happy to own at the strike price. Recently, I stumbled upon an adjusted option that I don't understand. The company …
Hey everyone. Shareholder of Nvidia since January 2016 ($0,74 cost/share; 1100 shares) in my TFSA account (tax free saving account, a registered Canadian account where you don't pay any taxes whatsoever on profits). Back a few years ago I was …
Hi everyone, I’m currently buying call options on a stock that has a major upcoming catalyst (Phase III clinical trial results for a drug). The problem is that these options have very wide bid/ask spreads and relatively low volume. My …
Hey everyone, looking for a sanity check / discussion on a structural issue with retail brokers that is driving me crazy. We all know the textbook definition of a long option: It gives the buyer the right, but not the …
Been tracking gamma exposure levels and posting them before the bell. Wanted to share Friday's results because they were pretty clean. Friday 5/22: Before open I had SPY king at $746, QQQ at $718, NVDA at $215, TSLA at $425, …
Hello everyone. Got this one contract about a month ago. As you can see, once it passed a certain threshold I put a stop loss in place to secure just under 100% in case of a pull back. I’m wondering …
I stumbled upon YouTube channel of someone named Ravish who makes outrageous claims of making $50-60K/month selling covered call and trading calendars and diagonals. He shows his account balance and current month realized gains but no actual trades. He also …
TLDR. Had a long call position and couldn’t close it out so hedged with puts at a separate brokerage but failed to close it out. Assuming a 1% S&P gain on Monday, what’s my max loss if I close it …