Posts
SPX 0DTE Morning-Trend Spread
I’ve been testing an SPX 0DTE morning-trend strategy and would appreciate some critical feedback. At 10:30 ET, it compares SPX with its first price after 8:30. If SPX is higher, it sells a put credit spread; if lower, it sells a call credit spread. The short strike is placed roughly …
SPX 0DTE Morning-Trend Spread
I’ve been testing an SPX 0DTE morning-trend strategy and would appreciate some critical feedback. At 10:30 ET, it compares SPX with its first price after 8:30. If SPX is higher, it sells a put credit spread; if lower, it sells a call credit spread. The short strike is placed roughly …
Options Simulators (Tools)
What tools (graphical and non graphical ones) do you guys use to simulate operations? I'm looking for a free one, where I can practice the basics before starting to put some serious money on it.
Best LLM or Service for Options
Same as title, wondering which one to pay for and get the best bang for the buck. Was going to try TradeAlgo but their sales tactics seem too aggressive and it seems too hard to leave the service(you have to speak to a rep). I really like the regular vanilla …
WMT PMCC
TLDR; looking for some ideas on how to manage this losing trade. I’ve learned a hard lesson on a poor mans covered call with Walmart. I have had a couple shares of Walmart for over a year and felt like it was solid and upward moving for the most part. …
Down $25k as a 23 y/o college student trading options
I nail the technical read more often than not, and I’ve had strong days off a clean setup — but I’m still down $25k lifetime because I keep breaking my own rules once real money’s on the line. I’m in school full-time and working, hoping to eventually go full-time into …
Spy put 766 8/28
Bought these at 771.50 this afternoon. Hopefully a dump tomorrow morning. Today felt like a fake pump. Edit Got fucked
How are you doing so far this year?
I'm attaching a print from my account showing performance. I'm looking to see if I'm doing good, better, or just keeping up with the rest of the active traders on here. Just to show I'm not just trying to show off a good year I've been doing what I think …
Options + stop losses
Wondering how some other options traders stop out of their trades. Are you sticking to a % stop loss or are you basing it off the price action of the symbol you’re trading? I personally stick to a 10% stop loss but I wonder if it holds me back from …
"Stocks I wouldn't mind getting assigned" is a myth
It's something that keeps showing up left and right on Reddit as a way to select stocks to sell puts on. Just because you think a stock is a good pick today, it doesn't mean you'll continue to think so when you get assigned. If you think a stock is …