Posts
I sell puts for premium with low value account
Recently I started trading options after a long pause. I'm trying to develop a strategy for selling puts on broad ETFs. My strategy so far is this : 1. I look for broad ETFs with an uptrend. The way I determine if I have an uptrend is to compare the …
Graniteshares HOYY
How can Graniteshares say that HOYY is 2x leveraged the performance of HOOD when HOOD is up 10%, HOYY is down 3%. WTF, how does this work.
Long SPCX 180 puts 30dte
Preface; new to options, big bankroll toying around with 1-2 contracts at a time to learn. Premiums are high but IV should remain rich for next 2-3 days i plan on holding this position. Today was first day printing a lower high and closing red. Will either come back here …
should I get into options and setup some form of long term wheel strategy?
I am in hs abt to head to college and don't have anything to do this summer. I have around 500 dollars to throw around. I was very into the options space a few years back but have basically forgotten everything now to the point I couldn't tell you what …
If you have thousands shares of a major company, can you live off LEAPs?
I have about 5000 shares of a major company and can sell them for $20 per contract. Seems I can make around 100k year if I sell 1 year LEAPS with strike price about 35-40% greater than current price. What are the risks? Edit: I meant 35-40% greater instead of …
SPCX puts
First time I've ever traded options. I bought $9500 in SPCX puts with a $200 strike, exp tomorrow 7/18. Sold with a profit of $1950. I'm not kidding myself that this is anything but beginners luck and a hunch that SPCX is on a slip and slide from here on …
Trade idea in WULF, short call
[Trade idea in WULF](https://preview.redd.it/g67kfk2udv7h1.png?width=403&format=png&auto=webp&s=81580fe9e46bea02cc3b51160d4e99971939282d) Was looking for a bit of delta reduction and found this puppy for a short call trade. Below is the full machine reasoning. The app doesn't recognize yet the unusual combinations of IV indicators. In this case, IV rank is pretty low but IV is pretty …
Stocks for selling covered calls
Looking for stocks that are not too high priced ie under $200, have decent volatility, and likely to recover in market crash leading into bear market. Considering $PLTR, $NVDA, and $HOOD. Any suggestions to discuss or pitfalls I’ve mighta missed?
AXTI: A Zero-Cost Way to Express a Bullish View
I've been looking at AXTI and found an interesting options structure that takes advantage of the current volatility and call skew. The stock is trading around $92 after a strong run over the past year and remains above its longer-term moving averages. Current setup: * Stock price: \~$92.2 * Expiration: …
"Weighted" straddles/strangles mechanics
Hello again r/options, I am back once again to spew my absolute nonsense strategies into the void in hopes of learning something new. ​ I got an absolute banger for yall today: what are yall's thoughts on 'weighted' straddles or strangles? The idea is pretty simple: buy a straddle immediately …