Posts
Net credit vs net debit
Can someone give me a brief lesson. On Schwab if I wanted to roll out an option, it would just roll it out. For example, two more weeks and I go up a couple dollars on the strike. Costs me a little bit per share. Now with E\*TRADE when I …
New weekly SPX AM settled options coming soon
Currently all SPX options (SPXW) are PM settled, except for ones that expire on the third Friday of the month. Here both AM and PM settled are offered. The CBOE now plans to list weekly SPX AM settled options starting in early November. Guessing it will create some confusion depending …
SPY 0DTE after PMI: was this move mostly price, gamma or IV expansion?
I traded a SPY 0DTE call on September 1, and I’ve been trying to understand how much of the premium move came from SPY itself versus the volatility. Here's exactly what happened. **The setup** ISM Manufacturing PMI dropped at 10am. Before the release, the SPY 763 call was quoted around …
Take assignment on itm calls with big gains at expiration
I have deep itm calls with big gains that I want to hold the underlying. My plan is to let it expire in Jan 2027 so they become shares that I would hold long term. It's in brokerage account so with the assignment, there's no realized gains and tax. Is …
Debit spreads taught me that being right too early can still be annoying
I've been using call debit spreads more instead of straight calls when premiums are expensive, and I ran into something I somehow never really appreciated until it happened with actual money. I had a QQQ 510/515 call spread open on Moon with a little under 2 weeks left. Paid around …
Days To Expiration
In options trading there are a lot of variables that are out of your control. So I say “control the controllables”. Days To Expiration (DTE) is controllable upon trade entry. Time is a constant. You can count on the sun rising tomorrow. You can count on 10 DTE today being …
Zebra Strategy?
From looking at a Zebra strategy setup, it looks like a PMCC with extra protection, would that be accurate? Not new to options! Just first time seeing this strategy, I typically wheel or buy leaps.
High Growth - High Risk Option Strategies
Assuming one can handle a market drawdown for a couple of years what are some of the best leverage products you have used in your option trading strategy for example like selling covered call? I found some online but wanted to ask experience with these products. 3× index ETF/ETP - …
Are you allowed to share a github link in this sub
Last time, I shared a post with a link to a website of mine where I was writing about box spreads as I went on learning about them and it was banned even though the site was completely free and educational-only after which I messaged the mods on this sub …
Fed Call arising due to expiring ITM option processed over weekend
A long ended up ITM that I expected to expire OTM. It was valued at 0.01 so obviously it didn't get bought. Unfortunately between market close and processing, it ended up very slightly ITM. This caused my account to be short ~$1K. Normally FINRA 4210(b)(4)/05 allows you to immediately sell …