Posts
Anyone using collars to protect their portfolio?
If so, how far out do you usually go on the options for expiration? How far out of the money do you like to buy puts? How do you handle big moves up without getting your shares called away? Do you roll the calls? And on big drops, how do …
Selling put spread in IRA’s
Like many people, my ira is a snp500 index fund that I won’t touch for another 20years. As I’ve learned about options, it seems like it would make sense to regularly sell a put spread from spot to 90% of spot in the account. This would allow me to harvest …
390 Professional Order Rule
390 Professional Order Rule Just got an email about this new rule. I'm confused and struggling to find info online or on RH about it. It says you cannot exceed an average of 390 Option orders per trading day during a calender month. Does this mean if I do 1 …
Custom Spred Builder / Double Calander - WEBULL
Hello, I am trying to use double calendar spread on Webull however could not find it in the list of available strategies. Does anyone know how to trade double calendar on Webull? Also does Webull offer custom spread builder so one can choose legs manually to build double calendar? I …
I backtested Weekly vs monthly CCs at the same delta
I see a constant debate between weeklies and monthlies. So I ran the backtest delta matched on 84 US large caps from 2021–2026, selling 1-week vs 1-month calls at the same target delta, 0.10 through 0.40. 1. Below 0.25 delta, weeklies win. At 0.10 delta, weeklies beat monthlies risk adjusted …
Cheap options aren't the problem. Holding them to zero is. Here's the math.
Everyone argues about whether cheap far-out options are dumb. Well... If losers go to zero and you hold winners to target, the hit rate you need just to break even is set by the payoff: |Winner pays|Break-even hit rate| |:-|:-| |3x|33.3%| |5x|20.0%| |10x|10.0%| |20x|5.0%| That's to go *flat*. Not to …
Model for delta (strike) ranges, surprisingly hard to develop
Did you ever find what happens when you go and look at the option options chain or scanner, and select the strike to sell? There is a lot going on and traders make discretionary decisions what strike to use. I want to automate that part for making trading more consistent …
Every barcode scanned at a warehouse or checkout probably came from this company's hardware. It just
Zebra Technologies took its name from the black and white stripes of a barcode. It makes barcode scanners, rugged mobile computers, RFID readers, machine vision systems, and printers, the physical hardware layer underneath most modern inventory tracking, retail checkout, and warehouse logistics operations. If a package got scanned somewhere between …
Anyone else doing SLV leaps
I’ve been doing mostly covered calls for consistent ROI in this choppy market. But one strong bull case that seems to make enough sense to go the LEAPS route vs covered call is the one for SLV. I have been reading a lot of bull vs bear case info and …
Is anyone doing put ratio spreads or broken wing butterflies in this low VIX environment?
These (in particular the broken wing butterfly) used to be some of my bread and butter trades on SPX when VIX was higher but I haven't really touched anything options related other than the occasional naked put on a non-index stock in a while.