Posts
Built a free options pricer (Black-Sholes, live Greeks, IV solver)
Been building an options pricing tool for the past 5 months. It does Black-Sholes pricing, full Greeks, implied volatility solving from market price, and payoff diagrams. What got me building it was running spread’s manually and not having anything decent that was actually free. Most tools either give garbage or …
May 14th option was executed two days late on May 16th
Relatively new on how the technical processing works on here but why did this spread not expire on expiration day May14th? Instead it is displayed like a cash settled assignment on May16th for 0$ occured? May 14th execution would mean 100% profit, May 16th execution is a 250% loss. Early …
Book-level delta def matters more than I thought for condors
Not a trade alert here, more of a portfolio-construction question... Ive been looking at neutral iron condors and realized I was treating ticker count as diversification when what really matters is correlation... If a condor book is concentrated in SPY/QQQ/mega-cap tech and the individual trades can all start near flat …
I need some advice
I work 2 jobs 16 hours I’m investing in my Roth for about 4 years and I’m trying to trade but trading is not easy I’ve done long term short term calls no puts. Only covered calls I don’t do any spreads. I’ve lost some money not a lot but …
Backtest 5 mon data for a couple of years
Hi all, I’d like to get SPY 5 min data for say 5 years , anywhere I could get that data? Thanks !
Does selling OTM put and put spread tend to have negative EV?
Does selling OTM put and put spread tend to have negative EV? For EV to be positive, the probability of ITM has to be very small. I sell OTM put and put spread. Today I surprisingly realized that all of my positions have negative EV using delta as a proxy …
Some nice successes...
# My CC and CSP strategy is now to mostly do weeklies, for less risk... and I only do them when the time seems right. This group happens to be all CSP's.. I'm letting some LUNR CSP's expire today. $33 and 27, 3 total, $935 will stay in me grubby …
Looking to Connect With Traders From Rajkot
Hey everyone, I’m from Rajkot, Gujarat and actively learning/trading in Options and Forex markets. Looking to connect with traders from Rajkot/Ahmedabad/Gujarat who are genuinely interested in trading, market discussions, psychology, hedging, setups, and improving together. The goal is to build a small serious circle where we can: Share market views …
Best website/provider for IV surface data?
Hi, so I’m basically looking for a website where I can find historical data of the full IV surface. The goal is to run Principle Component Analysis (PCA) on the surface data in the days hours before earnings in order to see if there are dominant modes which one can …
I just made $10,000 in one day
Yesterday, TSLA spiked to $450. On sudden moves like this the price on long-term options spikes because people want to buy them in case the stock keeps running up. I checked on the prices and $490 calls that expire on Dec 2028 were selling for $145 each. I knew that …