Posts
New Strategy for Me, 2 CSP legs, one on LETF and one on its Inverse - Please advise
I sold 10x .3 delta CSP $140 against SOXL and also 47x .3 delta CSP $30 against the inverse SOXS, both with the same expiry date and each leg has approximately the same notional amounts. So there's no way both legs can be exercised at expiry. One leg could or …
Covered Call Snowball?
I have a starting capital of $2000 and want to sell CCs around 0.3 delta with a 15-30 DTE. My plan is I want to basically sell CCs once to twice a month, and then roll profits back in and repeat. I plan on contributing an additional $1-2k a month, …
Selling OTM calls on NDX/NDXP to collect premium
Can I sell OTM calls on NDX/NDXP and collect premiums, while making the option expire worthless? https://preview.redd.it/5jf7np72aorh1.png?width=1043&format=png&auto=webp&s=34c797f97dc5039798ffd8f408195214d03ba051 For example: NDXP 30,675 Call - I can sell this and collect premium hoping it doesn't go above the strike price? Risks?
Placing more than 390 option trades in a day
What brokerage allows it? Did any of you exceed that number and not get notified? Or which brokerages flagged you? Thank you for any input. Edit: is this place dominated by bots? I asked for concrete names and instances and all I got are LLM type of definitions and vague …
Moomoo Review: A Masterclass in Bureaucratic Whiplash
I wanted to like moomoo. The pitch is appealing: free real-time options data — including Greeks like gamma — on a demo account, no live funding required. That's exactly what drew me in. Reality hit differently. The moment I opened my paper trading account, I was greeted with delayed data …
Bear Call Shows Uncovered
I have level 3 option access with IBKR and I am trying to place calls spread/put spread but the order is showing as an uncovered option, although it has a defined risk… These are defined risk purchases and should not require margin. Has anyone else got only level 3 options …
Anyone sell LEAP strangles on individual stocks?
Anybody sell LEAP strangles on individual stocks using PM account (for low margin requirements)? An example might be SNKD: Closing price on 9/21): $1743 17 SEP 27 (361 DTE) options as follows: 870 Put (-50%): $71 3480 Call (+100%): $198 Total credit: $26,900 Margin Req for PM: $7505 (RegT RR …
Size Matters
For those of you who trade credit spreads, what size lots are you using? I make sure I stay below 2% of my total buying power for any single trade. How are you evaluating position sizing? Any or all of these considerations: * How much capital is already allocated? * …
CBOE Outage?
For some reason CBOE is now returning 20+ hour old data for their delayed quotes. Usually it's 15 min delayed but right now it's showing yesterday right before the close which is a while ago. Curious if others have the same issue
GME CEO
what is his bag. pump and dump? buys a boat load of stock sept 11 and 21st. the technicals look over bought because of that. the chart shows a nice setup for a Put. he is messing with my head.