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SMCI IV Crush
Hey guys I got stuck holding SMCI call today. $SMCI - $44 2/14 @ 2.65 I had full intentions on exiting before earnings but didn’t make it to my computer due to work obligations. SMCI has delayed earnings filing. IV crush is imminent but with the late filings, how will …
Putting first things first
If you’re anything like me, you started trading by figuring out what kind of analysis you like, what strategies looked interesting, and throwing stuff out there seeing what sticks. The goal of this post is to reframe this process for newer traders and offer a better route to creating a …
Credit Spreads in ITM
Hi, I have just started learning options and I have the following put credit spread in ITM for TSLA. It's currently at 326. \* Buy put options expiring 14 Feb 2025, strike at 327.5, premium 0.73 \* Sell put options expiring 14 Feb 2025, strike at 337.5, premium 1.19 What …
Anyone done a DD into AMKR. Selloff seems excessive. Opportunity?
AMKR tanked $2.77 to 21.85 low on earnings even though it beat. Analysts have a buy rating. The Put/Call ratio is up at 6.53. So may tank some more. Anyone think this could be a good buying opportunity. AMKR does semiconductor testing, packaging and is building a new facility. [https://www.defenseworld.net/2025/02/11/amkor-technology-target-of-unusually-high-options-trading-nasdaqamkr.html](https://www.defenseworld.net/2025/02/11/amkor-technology-target-of-unusually-high-options-trading-nasdaqamkr.html)
Does IV crush affect LEAPS the same way as shorter exp options?
I know my LEAPS Calls technically will be affected by an IV crush but will the impact be miniscule since I am more than 1 year to expiration? I surmise the higher the delta I have (closer in the money) the better safeguard I have for an IV crush. Also, …
Need Advice on PYPL Assignment & GOOG Roll Strategy After Recent Hits (SP)
Hey, Looking for some input after the recent market hits. I’ve been selling puts, and here’s where I stand: I got assigned 300 shares of PYPL at $86. Ended up buying back the other 2 puts for a loss to prevent further downside exposure. CCs are barely paying pennies right …
Opinions of $TSLA
I bought a handful of puts last Thursday on $TSLA. I plan to sell 80% of my weekly’s by 10am Wednesday. Any thoughts on some more longer term plays? I don’t usually use options for short term gains, but this situation seemed almost too good. Im thinking of rolling my …
theta decay on different DTEs. Looking for no mantra answers.
I'm comparing these two strategies with different DTE on a covered short strangle, where even the put is cash-secured. 1st strategy: "shorter DTE" put: strike 50k, expiration date 27-Jun-25, delta -3, premium $600 call: strike 200k, expiration date 27-Jun-25, delta 6, premium $850 2nd strategy: "longer DTE" put: strike 50k, …
After buying to close a Covered Call can I immediately write a new CC?
If I write a CC and a few days later the underlying drops and I can Buy To Close to keep a nice amount of my premium can I immediately Write a new CC on the same underlying? This OK on Fidelity to be more specific? Thanks!
Options Advice
I took a trade this morning for KO at $23 and it shot up to $88 and so far I’m up $65 on the trade. I’m debating on selling the delta is 0.74 and the gamma is 0.29. Should I ride it out and see what happens tomorrow or sell …