Posts
Need advice on hedging a mandatory NKE purchase
I'm currently involved in an agreement that cannot be terminated early. The terms are simple: * If **Nike (NKE)** closes **below $40 on the last trading day of this year**, I will be required to **buy 2,000 shares at $60 per share**. * If NKE closes at or above $40, …
Q2 2026 Trading Review
Hey everyone -- back with the Q2 Trading Review. Here's the link to my prior post: [https://www.reddit.com/r/options/comments/1sa3zrk/q1\_2026\_trading\_review/](https://www.reddit.com/r/options/comments/1sa3zrk/q1_2026_trading_review/) Coming out of Q1 I was cautiously optimistic that the 2-part strategy would continue to be profitable. It performed well in the wake of volatility from the Iran conflict, but with that dwindling …
Leaps
Thinking of getting in to a leap about a year out time frame. Had APPL or MSFT in mind, any suggestions?
Nike $NKE ER party time! Vol is cheap!
$NKE provides another attractive long vol trading opportunity going into tonight's earnings release ATC. Here's what I'm seeing: past 12 quarters' median absolute value change +/-8.9% with a standard deviation of 9.2%. 7/2 expiry ATM straddle IV is 100% while 7/10 IV is 34%. Doing a little Vol Crush math …
Am I dumb or is this taking advantage of someone's neglected buy order
Alright scope this one out homies. I went to sell a call on DOCN and noticed that someone out there had an open bid for $4.40 for the $180 contract, when options closer to the strike were cheaper. This looked like an easy W, so of course I sold them …
IB for greater than 0DTE?
Has anybody run any stats on using initial balance for anything other than 0DTE? For instance, if you place a trade based on some IB “rules of thumb”, and the trade goes against you, then is there a way to use the IB from the current day as an indication …
I’ve back tested every single imaginable 0dte strategy, in short. No consistent edge exists.
I’ve tried long, short, spreads, nakeds and everything on betweeen. I did find a strategy that is the tiniest bit profitable, I’m talking super small. Like trading the same strategy with one contract every single day would net you maybe $50.00 per month on average (no I’m not joking). So …
DTE vs Gamma Risk
For people here who sell butterflies and/or condors (iron or otherwise), at what dte will you close or not open a new position due to too high of a gamma risk? I'd like to stick to monthly expiries for liquidity (as I don't really trade indices), but am trying to …
SPY outperforming SPX by 40%
SPY seems to be outperforming the SPX index. At the time of writing, SPY is up 1.6% while SPX is only up 1.1% Anyone know why? If they are supposed to have a near 1:1 correlation, can you buy SPX futures while writing SPY calls?
Selling CC on retirement SPY
I have 200 shares of SPY in my ROTH IRA and for awhile now have been selling covered calls as a yield pickup strategy I keep an extremely conservative delta of \~.02 with 10-14 days to expiry. The goal is to never get assigned, but I have experienced I can …