Posts
Exit strategy for Options Trade
My friend convinced me to sell my first covered call expiring February 21st and I’m having second thoughts. I bought 100 shares of a stock (intel), I sold a covered call (Sell to Open, Strike: $24, Quantity 1, Order type: market, type: cash). The stock is currently at $23.60 and …
10k of loaned money
TLDR: I (26) was loaned 10k with a 6 month term by a mentor who wanted to see the result. Been trading since about 2015, mostly boring dollar cost average. I dabbled in the dark arts from time to time but never really felt confident enough to want to trade …
QS Moby Dick Bullwhale Repeating Daily - Enter Tesla (lots of comm between the two offices) 8 OEM
The options flow data suggests a bullish outlook based on several key indicators: 1. High Call Option Activity: The data contains multiple large call option trades, indicating strong bullish sentiment. Significant open interest and volume in calls suggest traders are expecting the stock price to rise. 2. In-the-Money (ITM) and …
stay the course heading into earnings.
On earnings estimates from many sources I see something like this: Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Is that a good or bad thing for earnings predictions-beating revenue expectations or …
ASTS Covered Calls ITM
Hey y'all, I sold 2/28 $30 covered calls against my ASTS shares. Although there's still time till expiry, the stock is around $32 and likely to go even higher this week due to good news released over the weekend. What is my best play now: 1) Roll them up and …
Debit Spread Stop Loss
For anyone who is utilizing debit spreads that expire in 1 month, 3 months, 6 months, etc. Do you establish a stop loss? Or just let it fly until you reach a profit target or hit 0? I’m wanting to open longer DTE debit spreads on SPY and am wondering …
CELH
So I'm kicking the tires on a few CSPs. Deciding between weekly, bi-weekly and a 45 DTE option. I'm fine with where CELH sits and would be okay with $22 entry. If I get assigned the 100 shares, I'd probably hold and try to wheel once it bounces back off …
Help with /MES options
I have been trading options about 3 years now- both day trading near expiration and longer term vol harvesting strategies. So I have a good general concept of them. Today I decided to trade some /mes options. I played a simple long put spread, bought the 2/19 6145p and sold …
NBIS may 16 - $37 calls
I’ve been speculating selling options for quite a while and never actually been intrigued enough to actually execute. Obviously I’d be losing extrinsic value in theta is I did exercise, but can someone explain to be based on your experience and strategies you’d actually want to exercise? I’ve searched around …
Stop loss
When day trading options what’s your stop loss look like? Do you have a different stop loss at every contract depending on the price or do you just have a strict percentage loss whatever the price of the option may be?.