Posts
Anyone have a list or resource of updated options subjected to Section 1256 Contracts taxing?
I've been looking on the internet for updated list of options subjected to the section 1256 Contracts taxing but I'm unable to find much? It was only recently did I learn there were some obscure ones like GLD, SLV, etc. Was curious if anyone had resource like a brokerage or …
Using SGOV as short put/call collateral?
Hi folks, I am just wondering. "Can SGOV become an alternative to cash balance for cash-secured short options (sell put / call)?" For example, I place a short put (sell put) on SPY at $580 / $590 (SPY is now $610), with expiration date in a week or two, repeating …
NVDA C135 C150 C170 Covered calls. Shall I leave them or buy them back?
I have 3 covered calls NVDA \* C150 Apr25 (+9%) \* C170 May25 (+37%) \* C135 Apr25 (-80%) My average cost for the shares is 125 so even if they are exercised at 135 I still make money, but I'm more bullish now on NVDA so maybe I will buy …
Covered calls strategy - am I calculating incorrectly?
I've been seeing lots of posts elsewhere about covered calls (CCs) being a decent form of income for MSTR. I did a quick check and I think I've done something wrong because it seems like you could make ridiculous money with CCs. For example: I have just over 900 shares, …
Does anyone know the methodology Tastylive uses for their 0dte SPX backtests?
I tried to recreate the results from their latest **0DTE** backtest video (https://youtu.be/WYBlbIhiFG0) using **OptionOmega**, **GreeksLab** and **OptionAlpha** 0dte backtesters, but my results were significantly different from Tastylive. All platforms produced **similar outcomes**, yet Tastylive’s results seemed off compared to what I got. One of the main takeaways from their …
Versatile backtesting tool, using own data?
I pretty much like Mesosim where it's 'codable', and has all the bells and whistles of a backtesting tool. The only issue I have is that they only have a few tickers to trade. Are there any tools out there, that gives of a backtest like Mesosim, but I could …
🚀 Wall Street Analysts' Report Card - Who's Actually Worth Listening To?
I did a deep dive into analyst predictions from major banks (2023-2024) and found some spicy data that might help us make better plays. Here's what I discovered: **TLDR:** * Deutsche Bank, JPM, and BofA are the most accurate (65%+ win rate) * Morgan Stanley spams the most predictions (1,287) …
Rolling ITM Covered Call
I sold some 135C, 139C, and 140C NVDA covered calls. NVDA is already well past 135. Instead of letting my shares called away, why wouldn't I just roll the 135C week over week instead of rolling it up? If we ignore earnings the 135C Feb 28 is 9.25 and 135C …
Bull Spreads vs Selling Covered Calls
Could someone explain the difference between these two scenarios? My understanding is they both achieve the same outcome of minimizing losses/confirming gains. I fully understand the selling of covered calls - but what about bull spreads? What nuances are there?
Issue with Assigned Vertical Credit Spreads
I opened two vertical credit spreads on TSLA and MSFT, both of which expired on 02/14/2025, and both were assigned on Friday morning. Unfortunately, it was a challenging day for me, as I had to attend a workshop meeting with my boss all day and didn’t have a chance to …