Posts
Tips on leaving open 10 XSP puts (7/24 expiration) over the weekend. 😔
TLDR. Had a long call position and couldn’t close it out so hedged with puts at a separate brokerage but failed to close it out. Assuming a 1% S&P gain on Monday, what’s my max loss if I close it out at open? I’m siting on $6300 of basis (10 …
Major blowup with zero-day iron condors - lesson learned
Just read about this crazy situation where a trading group got absolutely wrecked during the recent holiday period. Apparently they were running zero-day iron condors using some kind of martingale approach where they kept doubling their position size after losses. From what I gathered, this outfit had around $60 million …
Exploring Global Derivatives
Enjoying trading in the Indian derivative market – options and Bank Nifty are my favourites! 🇮🇳 Now I'm looking to explore foreign markets. I know some apps let you invest in foreign stocks, but I'd like to know if it's possible to do options trading in foreign derivative markets, like …
Long Apple
Entered puts today. Sold for a loss, which means do the opposite for me. Buy calls. I always get it wrong so thought I should let you guys know.
Leaps on "one day hold" funds/proshares
I am wondering if anyone has advice or experience trading leaps on these (for example, UCO). If they're meant for a one day hold, why do far-expiring options even exist? Who in their right mind is selling these!? Any advice or strategies?
Analysis: SNDK massive call buying today resulting in gamma squeeze
Noticed a massive call buying in May 22 1DTE call options having huge persistent buying all day Call volume / Open Interest was > 3 on many strikes indicating new positions being opened just before the expiry Potentially resulting in gamma squeeze and relentless trending move Any good options scanners …
Is there a historical replay platform available in Canada similar to Thinkorswim OnDemand?
I’m trying to test my strategy, but with a paper trading account I have to wait in real time, which wastes too much time. I used to use Thinkorswim, but since they left Canada, I’ve been looking for a similar platform. I tried TradesViz and other alternatives, but their UIs …
Do you use a desktop and a laptop (with a docking station and multiple monitors) for active trading?
Do you use a desktop and a laptop (with a docking station and multiple monitors) for active trading? For me, dual monitors are essential when I am at home. I’ve always used a desktop as my home PC and a personal laptop for traveling. However, in the future, I’m considering …
NVDA Earnings Announcement Vol Crush Trade Postmortem
NVDA reported after the bell yesterday and - as it has for several quarters now - surprised to the upside. But since the market is used to upside surprises, the initial ATC/ON price action was muted. Market went slightly bid on the open, but not enough to meet the IV …
My Full Options Selling Workflow (Completely Free Dashboard)
Hi All, Wanted to share a dashboard I built and how it changed my workflow for selling options. The dashboard tracks 1800+ stocks for volatility and returns, updating every 5 minutes. One thing I found useful is the pre-built conditions that remove noisy/junk names and create a cleaner universe of …