Hi all, Suppose I have an Iron Fly position, and the underlying becomes highly volatile, likely to breach the breakeven points. What positions can I take to manage the risk effectively? Please note that an Iron Fly is a short …
I bought Google calls after what I thought was an overreaction to the earnings when it was ~$193. Stop loss did not hit due to tanking overnight and it was down over $2k at market open. Based on my research, …
There's some people around reddit who are concerned about the possibility of Trump/Musk defaulting on treasury payments. Obviously that would cause an economic catastrophe and something I think is unlikely to happen. But out of curiosity, if something wild like …
ok so my filters kicked up this trade a few minutes ago, and I backed away from it because it was not what I was expecting to show up. Risking 2.12 for 4.85 just seems like I'm making the market …
It’s frustrating to see that 50% gain is actually just 35% after you pay the taxes! Are there any tricks for reducing short term capital gain tax? I know about using spx but are there any other such tricks we …
I was really getting in the groove of trading options, having my best month ever after 5 years of trading. The excitement got to me, I started making too many mistakes, fixed that but still taking on too much size. …
Hello, I've noticed that a general rule when writing a covered call (wheel strategy or etc), people usually elect to go for 30-45 days out. Some people go for as short as 30 days but it seems like the sweet …
Anyone else here day trading pretty much exclusively ETF options? My buddies are always going nuts on a million different stocks and im just riding the ups and downs of the same 5-6 ETFs. Idk maybe they just work best …
I have just got into options trading recently. I learnt selling strangle to make a profit from IV crush. So I've been doing that for the past two weeks. It was working great. Today I saw this stock called AppLovin …
Some options have a bid/ask midpoint higher than their B&S theoretical value, while others have one lower. I obviously know that this is not a tool to derive edge from, but I am wondering what it means when an option …