Posts
Closed All My Short Calls for 99.9% Profit – and a Wild Christmas X / US Steel Assignment Story
https://preview.redd.it/ou4o13egq4je1.png?width=1670&format=png&auto=webp&s=79c2344d0c7d3050be309fc621f37477c2a2c2f5 Hey r/options, I just wanted to share a quick update on my trading journey and a bit of a story from the holidays. * Closed all my short calls for a sweet 99.9% profit today. I couldn’t resist taking those gains off the table! * Opened new short calls …
PSA: U.S. Stock / Bond Markets Closed Monday for Presidents' Day
Title
Selling against a Deep ITM Call
Sorry I'm fairly new to options. I read the wiki and didn't see this directly covered but please feel free to redirect me if this is covered somewhere. I'm trying to figure out if I can collect premium on a ITM option I'm holding. I'm currently hold 1 contract of …
Using 401k for LEAPs?
I want to buy&hold SPY with my 401k. But is there any downside to buying SPX LEAPs instead?
Need help creating effective hedging strategy
I have a decent sized position in SPY (\~1000 shares). I also recently bought a house, and have a career where the job security isn't great right now. If the market tanks, it's going to hurt. So, I'm seriously considering hedging for the first time. The obvious option is buying …
Options Calculator
What’s everyone’s opinion on options calculators? Do they really work and how can I make the most out of it
This is how SPX GEX moved intraday on 02/13/2025
Hey everyone, I’ve been experimenting with **real-time GEX tracking for 0DTE trading**, and I put together a **timelapse of yesterday’s (02/13/2025) session** to see how it evolved intraday. Thought I’d share the setup and get your thoughts on how you track these flows. [https://youtu.be/ag22YJOuA-o](https://youtu.be/ag22YJOuA-o) # How I Visualized It: * …
BABA cover calls mistake
When BABA was $80, I sold deep ITM $60C exp 1/15/2027 for $6k. BABA went against me & continually go up $120 and now my CC is negative near 100%. What to do now if I cover it will cost me $12k. Please advise. Thank you
Option Tracker, fidelity user. Recommandation?
Hello to all the option traders out there. I am currently with Fidelity, and the info and layout are a bit underwhelming. I trade enough options that I might invest in an option tracker. Are there any good recommendations out there that sync well with Fidelity? Also, what is your …
Best way to deploy $5k
Say I’m targeting a 5% rise in a stock over the next couple weeks and I want to long $5k in 20JUN25 calls, do I - buy 5x $1k calls (.13 delta) - buy 2x $2.5k calls (.28 delta) - buy 1x $5k call (.45 delta)