Posts
Short Put Spread expired ITM
I sold this MRVL 260/265 put spread expiring today. The underlying was at 275 until last minute and went down 5% to 263 30 second before the expiration so the underlying was ITM for the short leg, but OTM for the long leg. Is there a way to mitigate the …
Having difficulty with put spreads on SPX
I have been following a 0 DTE put spread strategy using SPX - targeting roughly $200-250 in profit every day. I don't use any technical indicators other than looking at gap ups/gap downs and support/resistance. I typically wait for a reasonably large gap down before opening my trade, typically I …
Grabbed some $SOFI calls expiring 1/30 at $30 strike
Going long on this one as both a bounce play and earnings setup. The stock hit what looks like a floor around $26 and we're seeing it climb back up to about $27 at close. Quick background - this is basically a one-stop financial app that handles everything from banking …
SpaceX Play
There is always an opportunity to make money. However, all know this play is going to be insane. I believe the institutional players will dump the stock at peak prices and retail investors whether they like it or not will buy through various 401k accounts. My question is, do y’all …
Does anyone trade NDX?
I know Spx is heavily traded, but does anyone have success trading NDX options?
Complete guide to options selling: Cordier?
I'm trying to find a book to take with me on a road trip. Something 2-day shipping from amazon that's not a super expensive cultural tome, but still goes deep. I've been through a ton of beginner material. I want to learn about advanced strategies, get into more depth on …
NOOOOOOO
Whelp ladies and gentlemen we got a runner today, looks like itll be sideways on the daily chart after all but itll be very interesting to see what happens in after hours i think. I shouldnt get upset over missing gains, especially with the streak ive been on recently but …
Covered call assigned on mix of long and short term shares, is this tax calculation correct?
Say I have 50 shares ive owned for more than 1 year, and 50 shares less than 1 year. I then sell a covered call which gets assigned. The premium is simply added to the stocks sale price, so does that mean I get the long term capital gains rate …
Two SPX put credit spreads into low IV — collecting premium on 0DTE/1DTE
Running a pair of bull put verticals on SPX while IV is sitting low. Posting fills for transparency — NFA, just sharing what I'm in. **Trade 1 — SPX 0DTE Put Vertical** * Sell 1x SPX Jun 2 7515P (credit) * Buy 1x SPX Jun 2 7510P (debit) * **Net …
Volatility Shock In Short Premium Trades
I’ve been trying to understand this better with short premium strategies. Suppose I sell an iron condor or short put spread because IV is elevated and I expect the underlying to stay mostly range-bound. I understand the expiration payoff profile, but I’m less clear on what happens before expiration if …