Posts
Does anyone swing by buying puts or calls
Does anyone swing by buying putts or calls?
Having difficulty finding non contradicting answers online
Hey y'all 👋 So, I'm having some trouble finding answers to this and wrapping my head around this. So, when someone places an order just before the market opens, let's say at 9:00 AM (market opens at 9:30 as we all know). Will the order wait till the market opens, …
Options Gorilla: USO naked CALLs
Who is Trading “short” to buy later cheaper = $$$? Naked CALL options a week ago were great, will be a longer stretch of time decay and vol decay now I’d imagine…
Can someone provide a shortcut to approximate IV if all of the other numbers are known?
For example, with 30 DTE, the ATM (711) SPY put option is around $12. I can see on Robinhood that the IV is 14.5%. If I didn’t have a platform to tell me what the IV is, is there a quick way I could calculate it using some type of …
Is anyone 100% cash always (so options only) except for getting assigned on csps?
Wondering if anyone does this, I would imagine they have a ton of experience trading options and can comfortably outperform the s&p yearly. If you do this, what are your most used strategies? How much cash do you have to work with?
$BULL Call Exit Strategy
I recently opened a position on **$BULL** and wanted to get some feedback on my thesis and potential exit strategy. I’m relatively new to options and trying to move away from "feeling-based" trades toward more data-driven DD. I’m sticking to buying only for now, so my only risk is the …
Lesson on recovering from being wrong
I find the biggest challenge in this game is what to do when you’ve made an option trade based on your conviction that ends up being totally wrong. I have been doing both options and stock investing for 4 years. I often get good momentum on trades many times in …
Amazon earnings on Apr 29th and weekly expiration the same day.
An FYI, I got the following warning from my broker today about trading Amazon options that expire on Apr 29th. On expiration day, be aware that expiring out of the money options may have a lot of premium, at the close of trading, due to earnings after the close. There …
HOOD $80 C 5/15 exp
Hi! Have $80C for 5/15 on HOOD bought at $2.7 right before the news of PDT removal by SEC. Deep in the money right now and 28 DTE, and already +400%. Thesis on why I want to hold - I See some big catalysts ahead - upcoming earnings, recent crypto …
Managing Diagonals
I like to put on diagonals when IVR is super low or I want a cheap directional shot. I put on several when the market was tanking the other week in MSFT, UPS and BA. Problem being that I was right too fast and the front months delta jumped higer …