Posts
HYG put hedge positioning
I've allocated a small portion of my portfolio to HYG puts to protect against a potential debt crisis or corporate default wave. I chose to position it at the 75 strike @ 162 DTE, with a plan to roll it back to around the same DTE every couple of months. …
Stepping away after blowing my account
I started my options journey thinking it would be a way to make quick money. Today, the “quick” part finally caught up with me and I blew my account. In the beginning, I had a few good trades. One of them was around +700%. The beginner’s luck messed with my …
Caught heavily holding the bag on SLV via The Wheel strategy. Need some veteran advice.
Hey everyone, I’ve been running the Wheel strategy on SLV for a while now, consistently collecting premiums through Cash Secured Puts (CSPs) and transitioning into Covered Calls (CCs) when assigned. Everything was going smoothly until a sudden, early assignment caught us completely off guard right before the recent drop. Currently, …
Problem with tracking options trades that get rolled
How do you guys track options trades that get rolled? or even in general track positions? I want to get the whole stock position "story" known for me in a single view, all I tried so far is just too much different sheets or unnecessary clutter in tools I mean, …
Options are messed up 😭
I thought of it, bought a spy call, 207$ gain, @745.3. Someone bought 2 of my calls for 387 a contract, then it went straight dumping to 742. He probably lost hundreds of dollars, I know no one cares or probably sees it that way, but it’s a weird feeling …
Your wheel is probably less diversified than delta makes it look
DISCLAIMER - I am not a trade advisor and any content provided below is only for educational purposes. This is how evaluate risk on my portfolio if the stock market were to fall. We all run the wheel one position at a time. You've got your rules. Sell the 30 …
Selling SGOV Premium Strategy
So the government isn't likely to have a serious interest rate push to the upside as far as I can see. I see SGOV 0 - 3 Month Treasury ETF as a prime candidate to collect premium selling puts. If you look at the chart, you see on a consistent …
Anyone else watching ORCL down here? Trying to decide if this is a knife or a gift
Been watching ORCL since it fell off a cliff. Down \~58% from the September high, sitting maybe 4% above the 52 week low. The crazy part is the business itself is fine - OCI grew 93% last quarter and the backlog is at $638B. Forward P/E is 17, which you …
SPCX short
tldr - explore how different structures behave, how their pnl breaks down on a recent trade of mine in SPCX. https://preview.redd.it/4m1k1y4qi3ch1.png?width=1501&format=png&auto=webp&s=0ad92205cac7436023a2de4e42175db90f952a08 i have a synthetic short in SPCX but always log other structures when i enter to measure. SPCX is a really interesting ticker because of how new it is, …
Does anyone use the Saty Pivot Ribbon with his Phase Oscillator?
Hello, I've had some luck selling vertical spreads by using the Saty phase oscillator. Basically the entry signal is when the oscillator finishes a compression cycle then rises above distribution or falls below accumulation and then leaves distribution or accumulation. Right now I wait for the price to then cross …