Posts
Brand New Here
Hey everyone, I’m new to options trading and looking for some guidance on where to start. I want to know: 1. What are good options strategies for a beginner? (Covered calls, cash-secured puts, etc.?) 2. What underlying stocks or ETFs would you recommend? 3. What duration should I be looking …
Plays for next week
Feeling safe-ish with the January RIVN calls. Truly believe they are ramping up. Plus those look very cheap given how far out they are, even with higher IV due to earnings. 2/21 would be a total gamble on earnings, so I'm not as confident there. Still, I feel they will …
Optimal entries in spy for 25 cents move
I want to play with SPY 0dte or 1dte. I want to buy a contract and want to consistently get 0.1 increase in premium. For example, if I buy an atm contract which has around 0.4 delta, for the option premium to increase by 0.1, I want the price to …
Poor man’s covered call on leaps
Newbie, what happens if the price of the stock goes pass your strike price on your covered call? Do you exercise your leap contract to have the shares for assignment? Is there another strategy other than rolling the covered call? Thanks
Puts on TSLA?
With all these protests going on, people will be less inclined to buy Teslas. Is there any food to this thought?
Covered calls exercised on a a LEAP
I am wondering, if I have a LEAP with covered calls sold on that position. And those calls get exercised, my understanding is, I have to exercise the leap and sell the person the stocks at the agreed strike price. My question is, do I need to exercise my leaps …
Do most options traders get in and out of trades within a few minutes?
As the title says, I’ve been learning options, up $350 this week mainly swing trading with a smaller account How do people trade options and cash out big sums of money within minutes? Haven’t seen how people do so as usually the money i trade is smaller of course but …
Lost 40k in 2 Months – Looking for Guidance to Rebuild
I started trading with $80k and lost $40k in just two months. Here’s how it went down: • In December, I got caught up in the Tesla bull run hype and assumed January would take it to the moon. Ended up losing almost $25k on Tesla options. • After that, …
Is this possible using Options? Is there even an edge here?
Hypothetically speaking..... Let's say you have an ETF that you know with 100% certainty via back testing that will indeed 100% of the time hit a certain price. but you have NO idea when or how far or if the ETF might move against you before it does eventually go …
OptionStrat tool.
How accurate is optionstrat? I try to simulate different options trade scenarios on various stocks, and optionstrat displays some crazy returns. For example, GOOGL is down 22% after the most recent earnings. I simulated what would happen if I bought 10x $185P for March 14th for $4875 debit. Optionstrat showed …