Posts
IV explanation on IBM vs SMCI most recent event
could someone more experienced tell me whats hapenning here. IBM had a preliminary earning came out 2-3 days prior July 22nd, IV shot up. its expected due to unexpected event and bad news drop. SMCI on the other hand has its earning dated for august 11 i think, but also …
1 DTE SPX is essentially a coin flip
I’ve been digging through SPX daily data looking for a potential edge, and I found something that challenged one of my assumptions. The common thinking is that after a nasty red day, the market is “due” for a bounce. I wanted to see if the data actually supports that. **Here’s …
$HOOD Catalysts!
Catalysts: 1. PDT removal make smaller accounts trade more 2. World Cup betting Also overall things the easiest user friendly trading platform in the world. $120 after earnings and $105 before.
89% win rate this month shorting 0dte SPX 20 delta ICs at the open, sustainable?
Simply at market open I’ve been shorting 20 delta SPX iron condors with 10 wide wings. and holding to expiration unmanaged. Risking on average $700 to make $300 (it averages to be a $3.00 credit). Don’t these usually expire worthless just 68% of the time. Can I keep doing this …
Sold a covered call I was sure would expire worthless, got assigned anyway on the last possible tick
Written weeks out, way OTM, felt like free money the whole time. Stock ground higher slower than expected but steadily enough to close a few cents ITM at expiration — no alert in time to roll. Gave up shares I wanted to keep for a strike I would've laughed at …
You'd Be a Millionaire If you bought $10,000 worth of Cipher Mining Calls Last Friday.
was digging around in some option data last night and the cipher mining calls from last week were dumb enough that i rechecked the number like three times 10k into the 7/24 $25 calls friday morning, when they were a literal penny, would've been around 1.7 million by thursday. 169x. …
0DTE Options Trades Discipline
I started doing 0DTE options (SPY, QQQ, IWM) for a couple weeks with a good degree of success. Losing days were related to psychological self-control. I do not like to risk more than 3% of my account on each trade, so I make appropriate position sizing. BUT there were a …
Can I simply find a terrible strategy and just take the opposite side over and over?
So I’m back testing a lot of strategies using backtesting software, and one thing I’m noticing is a lot of these lose a ton of money over the course of a few years. So I had this thought, instead of trying to find consistently profitable strategies, how about pick one …
CLF is up 15% today on huge volume — why I'd sell premium here instead of buying calls
My scanner flagged CLF at 8:16 AM on unusual pre-market volume. By mid-morning it's +15.46%, one of the loudest movers today. Reflex says buy calls and ride it. But the structure tells a more boring story: price swept the prior week's high and got rejected almost immediately — a wick …
Behavior of pricing
Hi yall, I noticed a strange behavior on PYPL call options and I was wondering if someone can shed some lights on. PYPL is currently trading around $55.80ish. The call options for $55 expire 7/31 is @2.75 last time I checked. How is this even possible? I think the price …