Posts
Selling Bull Put Spread on boring stocks.
I have been working on collecting liquid stocks that are boring, meaning flatish price move, no big shocks, low IV to name a few parameters. Then I sell Bull Put Spread on them with 10-15 DTE. A few names that came up: COST, WMT, MA. So far it is working …
Looking for a satellite ticker for wheeling. Wondering about UUUU
Been doing DD and looking at performance ytd and some. Wondering if anyone holds this and or wheels it. Thanks in advance. Appreciate any feedback at all.
First PMCC: Underlying Walmart
I'm eager to try out PMCC but trying to be careful about choosing my underlying stock. I feel like Walmart is a good stock. Consistent bull, not too much IV.. thoughts, tips on PMCC and this underlying in particular?
Robinhood not allowing diagonal spreads?
So I've done LEAPS and PMCC strategy for a few years from 2020 to roughly 2023. I liquidated but want to get back into it. I still have level 3 options. Just bought a long call ITM but it won't let me sell a short call OOTM. Did NOT try …
MSFT and META LEAPS
I’d love to get some outside perspectives on two LEAPS positions I’m currently holding: Meta (long-dated call, Jan 2027) Microsoft (long-dated call, Mar 2027) My thesis going in was pretty simple: both are dominant players in AI, have massive cash flow, and should be long-term winners of the AI cycle. …
$VCX straddles have been paying for the last few days.
IV and spread on this scares people but this has been paying for the last few days. The straddles would have paid for the last 4 days straight. Worth a look if you believe in a large move in either direction. Short fees is 80%+ and low float add to …
Palantir ($PLTR) Earnings Vol Trade Post-mortem - Patience is the Key
Yesterday I posted my thesis for going long vol into $PLTR EA. [https://www.reddit.com/r/options/comments/1t4135r/palantir\_pltr\_earnings\_vol\_setup\_are\_traders/](https://www.reddit.com/r/options/comments/1t4135r/palantir_pltr_earnings_vol_setup_are_traders/) It was a tough call to put it on due to the large move - combined with a massive Vol Crush - required to make money. However I structured high reward/risk IC so took the leap. The …
Converting ITM CC to call debit spread to avoid wash sale and reduce short-term capital gains tax?
Hi all, I currently have ITM covered call positions and am contemplating converting these into call debit spreads to avoid wash sales by closing the call debit spreads 30+ days later to realize net short-term capital gains losses. A few days ago, I purchased long-dated calls on the same underlying …
For those of you who have build dashboards in the era of AI coding, what’s your tech stack?
I’m finally feeling comfortable with some of the tools, like Claude Code but it opens a whole new set of challenges, like: data source, deployment environment, and the interesting problem of being able to look at anything you want - there’s so many github repos I want to look at …
Looking for input on tax strategy: closing covered call at loss to offset short-term capital gains
Hi all, I'm contemplating whether it would make sense for me to close a covered call at a loss to offset short-term capital gains on a deep ITM long-term call option. Closing both of these positions would occur in 2026. I'm at the highest tax bracket. I'd like to hold …