Posts
Wallflowers
Been writing covered calls about 25 years, and I've posted a fair bit in this community and others. I've been lucky, most of what I put up gets tens, sometimes hundreds of thousands of views, and real discussion in the comments. And the ones that do best? They're usually the …
Base Camp Trading and 11 Hour Options
Dave Aquino presented a seminar the other day extolling the virtues of using short term options that would expire the next day so as to mitigate possible large losses in case the market goes against you. As I have found out, much too late unfortunately, it seems all these gurus …
I backtested two published short-duration options strategies over the last 10 years
I built an open-source options backtester to replicate two publicly described strategies and compare my results with their published performance. |Strategy|My backtest|Published result|Period tested| |:-|:-|:-|:-| |Early Retirement Now — 0DTE + 1DTE puts|1.55% annualized options return|7.06%|Jan 2017–Jul 2026| |WealthyOption — 3 puts + 3 calls|17.58% CAGR / 21.43% max drawdown|23.1% …
Has anyone had consistent success with the 'retirement trade' strategey of a morning reversal trade?
So the theory goes you wait 30-45 minutes to see a heavily traded index or stock, SPY, QQQ, NVDA, and wait for a morning trend reversal. Trade the options, and close out the day by noon EST.
A bit confused on where to start.
So I understand options, how they operate, and how to get started. My confusion is which stock/index to start out with. Scrolling through this subreddit, tons of people say SPY or QQQ, my confusion is that these are extremely expensive. For example, to sell a call, you need to own …
Long term ATM covered short straddles
A covered short straddle is when you hold 100 shares of stock and you sell an ATM covered call, along with an ATM cash secured put, of the same strike and expiration. This is not to be confused with short straddles, which have unlimited risk to the upside. The "covered" …
Leap bull call spread options
Does anyone play LEAP deep ITM bull call options on stocks and indices ? How much return do you usually aim for ? Below is an example NVDA Dec 2028 expiry 145/150 call spread for $3.00. That’s roughly 67% return in 2.3 years with approx 25% annual return if NVDA …
Need crcl to go over 85 at open? Am I cooked?
Well I did it again, I averaged into a bad position at first.I was up about 50%.About a $1000, I was up and I told myself just sell, I'm not going to make a $1000 this week in my job.Why don't I just saw right now in ten minutes. But …
Attractive tickers under radar?
Yall, What tickers are you currently monitoring? I have several OTM call options at the moment and will hold them for a while. I wanted to know what yall are playing? Full disclosure: I have NFLX, META, ORCL, WMT, NKE. all of these are long dated call options so I …
anyone buying up BIDU here maybe?
There was a huge drop and I'm thinking about acquiring some BIDU via CSPs. My approach is to drip in first via csps and then later sell atm csps ( I do this kind of approach with any stock that I want to accumulate). Why? Well, if BIDU were to …