Posts
Glitch or just crazy IV movement? (CAR)
Today something happened that I have never seen before in my 7 years of trading options. I have been watching the short squeeze on $CAR (Avis). The hourly, daily and weekly RSI has been around 97. That’s absurdly overbought. Last Thursday I was looking at options and the premiums of …
GLD and SLV Put calendars
Both metals have taken a big hit, and IV on the April 24 puts is elevated sharply while May 1 IV is roughly equal in value and stable at 426 and 67 strikes respectively Pretty easy money on the short duration calendar here with a hedged delta
Opinions on buying back spy covered calls well OTM vs. letting expire and resetting next day?
I know i'm leaving a bit one the table buying back an option that is well OTM and then selling the next days but I am wondering if that is offset by a slightly higher premium (due to theta) on selling the following days call the day before. An example: …
Effective Today, tastytrade requires $15k for XSP, $25k for SPX Calendar Spreads
[https://www.reddit.com/r/options/comments/1jy9dss/tastytrade\_requires\_net\_minimun\_of\_15000\_to\_place/?sort=new](https://www.reddit.com/r/options/comments/1jy9dss/tastytrade_requires_net_minimun_of_15000_to_place/?sort=new) **XSP Calendar Spreads are now $15,000 margin on tasty effective today 21/4/26.** This thread continues from the previous one by u/vol7228 >Our margin department maintains specific capital requirements for accounts trading XSP calendar spreads. The following guidelines establish eligibility criteria for hedge relief on short XSP options positions. Accounts …
The 'Naked Put' Trap: Is retail selling the tail-risk that institutions buy?
I've been watching the trading culture in Asia for a while now and there's this massive, obsession with selling naked puts as the "ultimate" income strategy. The pitch I keep hearing: “Just collect the premium...." The reality? You're picking up pennies in front of a steamroller. Capped reward with uncapped …
Is this a correct view of MM hedging?
Apologies in advance if this is a poorly framed question. I’m asking because I’m genuinely trying to improve my understanding of how this actually works. I saw a post from a Japanese investor arguing that, for a name like NVDA, option market makers’ hedging activity matters more for price action …
To everyone currently experiencing FOMO because of the rally! Here’s a small deep dive and an idea!
A large portion of professional investors was truly surprised by this strong rally, and shorts had to be covered. Hedging strategies no longer served their purpose and were also unwound. All of this led to us achieving returns of 10% or more within 10 days... Now it must be said …
META debit spread
I have 100 shares of Meta and wanted to buy some protection after the earnings. I was debating between just buying a protected put ($650) or do a debit spread- buy a $650 put(0.3 delta) and sell a $570(.1 delta) put. Expiry is 5/1 for all. Ended up going with …
Avis Budget (CAR)
CAR Stock is at 608 compared to analyst price targets of 90-150. Thoughts? How do puts look to you?
$CAR's got $8 spread on the calls and is still been paying every day!!
**NEXT POST:** [**https://www.reddit.com/r/options/comments/1ss72my/april\_21\_postmortem\_on\_car\_trading/**](https://www.reddit.com/r/options/comments/1ss72my/april_21_postmortem_on_car_trading/) ***UPDATE*** *(I will post these as and when I get a chance intraday, keep coming back to check. Read up on the rest first to catch up otherwise this won't make any sense):* ***7:30 am:*** *Today (April 21) will be nuts, the stock touched 723 in the …