Posts
The Options Wheel Nassim Taleb style
I’ve been experimenting with a small account (\~$1,000) using the options wheel, but with a risk framework inspired loosely by Taleb-style thinking around contained downside and optionality. The key constraint is simple: this only makes sense with cheap, volatile stocks, and with money I can afford to lose. It is …
Post Regular/Reverse Split Options
Can anyone explain to me how options after a split work? I get the option quantity gets adjusted as x/100, but I don't understand why the value doesn't. Example, if I buy a 100 share contract before a 1:20 reverse at a strike price of $1, post split I assumed …
Do you think the guys at JPM are worried right now?
The June collar has the short call at SPX 6840, high of day today so far is 6834. They gonna get gamma squeezed? I guess they didn't expect ceased fire news.
Capitalize on the initial rebound
I recently developed a new strategy that utilizes three technical indicators: BOLL , MACD, and RSI. As shown in the chart, a bullish signal appeared at 11:00 a.m. The MACD line crossed above the zero line and formed a golden cross at the bottom—a strong buy signal. I purchased 10 …
A Fresh Start
I recently discovered a pattern in SPY's intraday price action a trend that is clearly discernible on the charts. I've deposited $1,000 into my Robinhood account to put this strategy to the test, and I'll be documenting my progress right here https://preview.redd.it/h4k952dgg6ug1.png?width=960&format=png&auto=webp&s=c8f998e1a6a86d565beabc7d26f77613eafc58f8
Real‑Money Fills on Butterflies vs Iron Butterflies
I appreciate your help, and I’d like to ask something about butterflies and iron butterflies and how realistic it is to exit them in real money. Paper trading always exits at mid, so that doesn’t really show what happens :). If anyone has actually traded both iron butterfly and butterfly, …
Anyone else trade 0dte with just the simple line chart and no indicators?
This is how I began trading 0dte, but have since tried using candles with 9 ema,vwap and 5 minute candles. However, I started overthinking everything and losing consistently. As soon as I went back to a simple line chart with no candles or indicators I feel so much less stressed …
Long UPRO shares instead of SPY calls for a 2-week directional view — critique my structure choice
Posting this for critique, not validation. I want to be told where the structure is wrong before the market tells me. **The position** 4 shares UPRO @ 99.16, currently 108.00, +8.91% unrealized. \~$432 notional, \~$1,300 equivalent SPX delta-1 exposure. Hard stop at 105. 2-week horizon. Small capital, I know. The …
Opinions
ATTENTION DAY TRADERS!!! What’s tools do you wish you had easier access to when it comes to your trading process. Please let me know below. I appreciate you taking your time to add some input.
funding my monthly expenses selling covered calls on BMNR
been runing cc's on a 17400 share BMNR position for the past few months. goal is $8k/month in premium to cover living expenses. **why BMNR:** got in originally around $12-13 range, long term bullish on the company. high IV relative to the sector which makes it ideal for premium selling. …