Posts
Help me with the math on 'rolling' OTM credit spreads plz
Sorry to ask it here. Been sick all week and cant think straight. Ive been selling options/spreads since 2017. Whenever i go to 'roll' options i always manually close the original and open a new one. Easier on my brain and easier to journal. Today though, being sick, i got …
Best Tax Service for Options Scalpers
I have begun scalping options on fidelity and I am reaching the limit of trades per day (195) without hitting professional trader status. I suspect by the end of the year I will have thousands of trades with alot of them being wash sales. Who is best to use to …
Test of GEX/DEX/VEX/CHEX on 1,972 SPY days: raw GEX looks great, dies after VIX + ATM IV controls
**TL;DR**: I tested the four dealer-exposure Greeks (GEX, DEX, VEX, CHEX) against next-day SPY outcomes on 1,972 end-of-day snapshots from Apr 2018 to Apr 2026. Raw GEX looks strong (Spearman ρ = -0.36, p ≈ 10⁻⁶⁰). After controlling for VIX and ATM IV, it drops to ρ = -0.03 (not …
Big tech earnings
Big tech earnings next week, what’s the play?
best options trading course?
I am not looking at day trading for a living or anything like that. I have a decent amount of money put away (low 6 figures) that I am looking to slowly trade over time while still working my normal career . While I have done a lot of research, …
IV on $CAR was cheap counterintuitively and trading ideas.
ATM IV for tomorrow is @ 320 right now. Had been in the high 200s all last week. May 1st right now is @ 250, Looks rich right? Consider these: 1. Yesterday and some days last week had LULD halts, that is 5% move in less than 5 minutes. Annualize …
NVIDIA vs AMD vs AVGO
Hello, I am wondering if anyone has insight into the wide variance in the recent (3 week) relative stock performances of NVDA, AMD and AVGO. Nvdia seems stuck in the 199-203 range while AMD has shot up by 50% and AVGO by 30%.
Flydiagonal an 8 legged options selling strategy by Steve ganz
As per my naive understanding is it a combination of an iron butterfly ATM and two diagonal spreads on both sides OTM ? What type of scenarios are we looking to trade these kind of setups ,he mentions it’s an upgraded version of his flyagonal.
Down 22% on Brk.B options, wwyd?
Down 22% on Brk.B options. Wwyd? Im a gambling addict. Used to lose $1000s on weeklies and 0dtes. I wanted to give options another shot, but I am just not a good trader. I thought I was being responsible by buying 4 months out, but in a matter of 4 …
High liquidity oil tickers?
Anyone been playing oil through options? I’ve traded USO a few times, but the bid ask spreads are terrible (right now an ATM 04/22 130c has B: 0.53/ A: 0.7). Completely negates the benefits of vertical spreads since you lose a ton on both ends. XLE seems to have better …