Posts
Micron
recently did 4 naked $510 mu puts for Jul, got about $17k premium. took $10k of that and did a 670/720 debit spread for my June 2027 expiration. payout is around $25k I think if successful. my thesis is that mu will continue to go up on the next year …
Iron Condor Legs
Hello Everyone, It’s me again. I’ve been backtesting my algo for quite some time now and thankfully seeing some steady progress. I had a couple of questions for experienced traders here regarding Iron Condors: **How do you select your legs?** Do you use fixed-width spreads (like 25 points), percentage-based distance, …
SOXL covered call
During last month drop I sold SOXL $60 strike call for May 15th. Now that is deep in the money and loosing significant profit. What are option and how do you handle in such situation? It's about 200 stocks and sold 2 covered call
the whole market is being gamma squeezed.
according to a twitter post today, S&P traded 2.6 trillion dollars in calls yesterday, an all time high. What's to stop the infinite money glitch, seriously? https://preview.redd.it/lirabqbhurzg1.png?width=613&format=png&auto=webp&s=607fb33c616765e3c770e8bcd4b2512faf4ac105
Cash secured puts
I am thinking of selling a put of IREN in ibkr How will i know if it's a cash secured put or a naked put
VTI calls - price not updating
Greetings folks. I bought VTI calls for the first time yesterday with an expiration of 5/15. All my other options change price almost by the second, with every price change of the underlying. However, my VTI stocks don't. Is there anything different about these options or is the expiration just …
Unbalanced butterflies or verticals?
What do u think if I trade 0dtes on spx vertical credit spreads or unbalanced iron condors, two sides on range days and only one side on a trend premarket day and collect credit and put stops on 2\* credit collected and avoid news days. Would this work long term? …
Did AMD feel way too crowded before earnings or was that just me?
I almost got myself killed on AMD earnings because I thought I was being clever. AMD closed around $355 on May 5 before reporting. The stock had already been running hard with the AI trade, so my plan was to fade it if it popped. I was looking at 0DTE …
Qqq Credit spread gone wrong 700/710
Opened a credit spread on qqq and it's dangerously close to my strikes. The current position is 05/22 700/710 I am thinking of rolling it out 30 dte and up for more time and less risk of it hitting the short again or just take the loss $400 and learn …
Sold INTC $100 covered call 05/29
​ I sold 10 $100 covered call that expires on 05/29 for 1k premium week ago. The stock has rallied since then and I feel guilty and don't want to miss out on the profit. What should I do now? Just accept mv fate and wait for it to be …