Posts
NEED ADVISE PLEASE! I am deep ITM
I am deep ITM with two CSPs taken during the Space Stocks run up. RDW MAY29 $21 for $0.29 prem. Rolled out/down to JUL10 $16 for net credit of $0.24. The other, LUNR MAY29 $41 P for $0.25 prem, rolled out/down to JUN18 $32 for net credit of $0.62. I …
Close, adjust or leave alone
A general strategy discussion but using this AMD trade as an example. I set up a bearish diagonal on AMD with the long after the earnings, short on 7/17. Theory was the long should retain it's IV, and the short has potential to crush since IVR is very high right …
Premiums higher than normal
I trade SPX 0DTE options and noticed premiums ar higher than normal. Have you experienced higher-than-normal premiums?
Picking Option strikes based on Delta is not enough - Volume profile can change your decision
We all pick option strikes based on standard rules we have set for ourselves – say DTE and Delta and if somebody asks you how you sell covered calls, your reply is: "I sell 30 delta puts" or "I sell 20 delta calls." The next question they put to you …
Robinhood daily trades
Hello, I am new to options. How are you all keeping track of the options traded for that day in robinhood ?
High IV trade
I've been selling 1-2 option spreads on high IV trades in the 100% range and where the stock is down. I sell them either Monday or Tuesday and usually wait until the stock starts to drop and then roll the position to a lower strike while selling my protection and …
Why was I given a credit of $1.80 for this butterfly? I submitted as a $0.25 debit
I was immediately profitable on this and could not lose money, only make more if SPX had closed inside the wings. How did I get filled like this?
Adobe $ADBE earnings tonight after the bell. Play the Move or the Vol Crush?
I'll be playing the move. Here's my logic. 1. $ADBE has a history of moves post announcement greater than options trader expect. 2. Market is implying a 7.4% move. It's also projecting a vol crush of nearly seven points. The historical median move is 5.3% with a standard deviation of …
SpaceX option start date June 16th
Option trading on SpaceX is expected to start Tuesday June 16th. This date is subject to change, but that is the current plan if all goes as expected.
Built a Black-Scholes Options calculator to model strategies including profit probability
Hi all, Sharing a modeling tool ([https://opcalc.app/](https://opcalc.app/)) that calculates your options P/L trade against stock price scenarios at different dates and expiries. Features a custom builder up to 8-legs. This runs on the theoretical Black-Scholes calculation model. 15-minute delayed stock prices are pulled via API. https://preview.redd.it/es4szpfu3n6h1.png?width=2122&format=png&auto=webp&s=3edcf449fdc19f0d8b4fe38c47c0f9a49f6bcd26 The options chain defaults …