Was looking at a META Jun 5 $480/$475 put credit spread at $0.19 credit ($19 total). Never placed it, just exploring. Buying power reduction would be $481. Max profit $19, max loss $481 — 25:1 risk against me. Main goal …
So my otm leaps went itm recently and I am looking for strategies or ideas how to continue from here. My thesis is that they will continue to go up but probably not as much as in the past. Should …
**Question:** What options are you guys running on WDC? Is this type a put you would sell? WDC closed at $431.52 on 01 MAY 26. For clarity, I'm not looking for anyone to tell me what to do but rather …
I've been chewing on the CFTC v. New York case (1:26-cv-3404, S.D.N.Y., filed April 24) and I think the federal/state preemption frame is misleading us. The real problem isn't jurisdictional. It's that we don't have a working legal category for …
I think I’m doing pretty well as a retail trader. I swing trade Long Calls/Puts. I have definitely had some pretty bad red days and some fantastic absolutely parabolic days. In a span of a little over one year, I’ve …
For those of you that trade calendar spreads, can you share best practices on how you manage them? I.e. if the trade goes against you, do you close the old spread and take the loss? do you roll out in …
Thank the gods for paper trading! So I'm a butterfly newbie and trying out this broken one which is supposed to be effective when the IV rank of the underlying is already very high. (Which is what happened to EEM's …
TLDR; Should I wait for stock price to settle? I've researched hours and days on PMCC. I know how the Greeks affect things, I know that post earnings is the best time to buy stock due to IV crush... I …
I’ve noticed there are plenty of tools available now, and many people have even built their own versions. I’d love to hear which ones you use. I’ve also heard from others that some platforms show inaccurate data, so I’m curious …
I hold $MU position than ran up pretty nice during last year. I want to hedge. By the McMillan book I am considering two alternatives: I sell ITM $480 Calls for $135 with Time Value of $105 (MU is $510) …