Posts
Leaps advice
So my otm leaps went itm recently and I am looking for strategies or ideas how to continue from here. My thesis is that they will continue to go up but probably not as much as in the past. Should I just sell weekly or monthly calls on them for …
WDC Put Sell ($310)
**Question:** What options are you guys running on WDC? Is this type a put you would sell? WDC closed at $431.52 on 01 MAY 26. For clarity, I'm not looking for anyone to tell me what to do but rather a discussion around an option similar to this or to …
Event Contracts - Casino That Pretends to Be a Stock Exchange
I've been chewing on the CFTC v. New York case (1:26-cv-3404, S.D.N.Y., filed April 24) and I think the federal/state preemption frame is misleading us. The real problem isn't jurisdictional. It's that we don't have a working legal category for what these products actually are. The CEA's swap definition (7 …
I wish I had someone to talk to about this
I think I’m doing pretty well as a retail trader. I swing trade Long Calls/Puts. I have definitely had some pretty bad red days and some fantastic absolutely parabolic days. In a span of a little over one year, I’ve gone from between 3k-6k to now 171k. But it doesn’t …
Best Practices for Managing Calendar Spreads
For those of you that trade calendar spreads, can you share best practices on how you manage them? I.e. if the trade goes against you, do you close the old spread and take the loss? do you roll out in time? roll up/down? Would love to get perspective from those …
I wonder if this is the hedge it was cracked up to be. Put it on then 2 days of profit. Now loss :(
Thank the gods for paper trading! So I'm a butterfly newbie and trying out this broken one which is supposed to be effective when the IV rank of the underlying is already very high. (Which is what happened to EEM's IV when emerging markets, which were outpacing everything else, lost …
PMCC - Contract price only or stock price?
TLDR; Should I wait for stock price to settle? I've researched hours and days on PMCC. I know how the Greeks affect things, I know that post earnings is the best time to buy stock due to IV crush... I know how to manage a short position. Now I want …
Whats your preferred options flow data tool
I’ve noticed there are plenty of tools available now, and many people have even built their own versions. I’d love to hear which ones you use. I’ve also heard from others that some platforms show inaccurate data, so I’m curious about your experience.
Hedging strategies for MU
I hold $MU position than ran up pretty nice during last year. I want to hedge. By the McMillan book I am considering two alternatives: I sell ITM $480 Calls for $135 with Time Value of $105 (MU is $510) If the stock runs higher I will be assigned (if …
Use up options bonuses in MooMoo
I have a bunch of $5 credits (for $10 trade) on Moomoo. What's the most efficient way of using these? Do I need to take out opposite positions, or just close the positions immediately. I really have no desire to learn anything, I just want the money