Posts
If you have thousands shares of a major company, can you live off LEAPs?
I have about 5000 shares of a major company and can sell them for $20 per contract. Seems I can make around 100k year if I sell 1 year LEAPS with strike price about 35-40% greater than current price. What are the risks? Edit: I meant 35-40% greater instead of …
SPCX puts
First time I've ever traded options. I bought $9500 in SPCX puts with a $200 strike, exp tomorrow 7/18. Sold with a profit of $1950. I'm not kidding myself that this is anything but beginners luck and a hunch that SPCX is on a slip and slide from here on …
Trade idea in WULF, short call
[Trade idea in WULF](https://preview.redd.it/g67kfk2udv7h1.png?width=403&format=png&auto=webp&s=81580fe9e46bea02cc3b51160d4e99971939282d) Was looking for a bit of delta reduction and found this puppy for a short call trade. Below is the full machine reasoning. The app doesn't recognize yet the unusual combinations of IV indicators. In this case, IV rank is pretty low but IV is pretty …
Stocks for selling covered calls
Looking for stocks that are not too high priced ie under $200, have decent volatility, and likely to recover in market crash leading into bear market. Considering $PLTR, $NVDA, and $HOOD. Any suggestions to discuss or pitfalls I’ve mighta missed?
AXTI: A Zero-Cost Way to Express a Bullish View
I've been looking at AXTI and found an interesting options structure that takes advantage of the current volatility and call skew. The stock is trading around $92 after a strong run over the past year and remains above its longer-term moving averages. Current setup: * Stock price: \~$92.2 * Expiration: …
"Weighted" straddles/strangles mechanics
Hello again r/options, I am back once again to spew my absolute nonsense strategies into the void in hopes of learning something new. ​ I got an absolute banger for yall today: what are yall's thoughts on 'weighted' straddles or strangles? The idea is pretty simple: buy a straddle immediately …
ONDS $9 Call for January 2027. down 50% should I sell soon if its more than 50%?
I thought I was being responsible buying leaps with a greater than 0.8 Delta. Probably should have picked a company that wasn't up 20% in a week
Good opportunity to observe MM mechanics clearly.
There are always questions about what role options MMs play when it comes to stock price action especially when nearing options expiration. It is very hard to tease out and MM hedging is complicated. There is also a question of total volume vs options volume etc, hedging in underlying vs …
SPCX day one volatility surface is gorgeous
Look at this: SpaceX options, day one, pure backwardation, front-month IV north of 100%, curve sloping into next year. Now read the 424B4 - the lockup isn't a December cliff, it's staggered: 20% after Q2 earnings in August, then 7% tranches every few weeks, then 28% in a single shot …
AMC gamma flip at 1.50 — the trapdoor everyone forgets
Nerdy AMC read. Spot 2.34. Gamma Flip 1.50. Call Wall 2.5. Put Wall 2.0. As long as we hold above 1.50, dealers are long gamma and AMC behaves like a normal stock — chop, drift, OPEX pin. Lose 1.50 and we're in negative-gamma territory where every news headline gets amplified …