Posts
Breakeven price?
What does breakeven price in options mean? I have a leap option currently ITM showing a $100 profit. I bought it when stock around $65. Current price is $67. Among the other option info displayed it says breakeven price is $85.76. I always thought this is the price my option …
Theta strats for PM
Recently graduated from a Reg-T to a PM account. What are some differences, warning, and other advice y’all have when it comes to selling options under this new system? Is it pretty much the same (more leverage but need to watch for Cap Req)? Some details: \\\\- typically I do …
Fidelity’s cutoff time for SPY 0DTE options?
Does anyone know the exact cutoff time Fidelity uses for opening SPY options that expire the same day (0 DTEs)?
I model dealer gamma daily. Right now all three big index ETFs are negative-gamma below their flip,
I run a modeled dealer-gamma surface across the big index ETFs and the largest single names every day, and Friday's close showed a split I do not see often, so I figured this crowd would find it interesting. As of Friday July 17 (first snapshot after monthly OpEx): Index ETFs, …
QQQ puts
What’s the deal with new QQQ puts that got submitted for the end of the month?
Be careful modeling calendar spreads
Someone reached out to me with a trade that apparently had a 100% profit probability and a very interesting payoff diagram. On a Tuesday, they sold a 3dte strangle (Friday) and bought a less OTM 6dte strangle (Monday). https://preview.redd.it/3xc0398ot8eh1.png?width=778&format=png&auto=webp&s=3c65d1cddc4d628d68138989a87e1ba3eb68cb20 [https://www.gammawins.com/calc?key=5qHz62LJ](https://www.gammawins.com/calc?key=5qHz62LJ) The caveat here is that option calculators use a fixed …
You regards complain about every option in here
No matter what the option is, i always see the comments opposing or making fun of it, specially if it is calls, i am genuinely curious what most people here think a good option is
Mine is not a nice story... And yours?
I am starting saying: I blew 3 accounts. Every time I thought, "okay, this time I've got it." (but it didn't). Looking back, it was not bad luck. I think I was not disciplined when opening a trade or getting out. Probably my trading style was not adjusted to me …
NOK 21 Aug 13, in NOK we trust
so basically this chart shows how the profit on my NOK call could play out, x-axis is days going forward, y-axis is the share price, and the numbers in the middle are just the profit at each combo of those two. earnings are on july 23rd and honestly that's gonna …
0DTE SPX greek behavior - mkt research snapshot pt6
hey everyone - sharing a piece from some recent homework exploring 0DTE SPX options - specifically to show how the greeks behave and some 2026 trends. this is all live options data. note, these are not meant to be end to end research pieces here, they are snippets to share …