Posts
Market fundamentals are gone.
For past 2 years no news has caused market to react negative or positive. Thn came Trump s love for Tariffs. I lost 230k in past 3 weeks because of market reacting to the tariffs news in absolute shit way. 2 weeks I lost on calls that were printing solid …
Wheel strategy
I am currently running the wheel strategy on AMC,MPW,SOFI,GME. And I am just wondering on some of your opinions on two things. 1. So you prefer to get assigned? 2. Any other tickets you have found profitable in this price range?
entry point or premium collection point for credit spreads
All, I am currently investigating what's the standard or general guidance in entry point/premium collection point for credit spreads. Let's say for the hypothetical scenario, 75/80 put credit spread @ $2.5 for the simplicity. Of course, there are many factors involved and consider for such an entry but I wanted …
Using options to transfer funds
Has anyone used options to transfer funds? For example, I offer a wildly overpriced call from my account A (say, something with .01 delta and 1 DTE for $10,000) and I buy the call from my account B. The option expires worthless (or, in theory, not worthless and it offsets …
Advice: CC in the money, $5 above strike. Roll or let it get assigned?
$HOOD CC expires today. Strike is 60 and it’s at 65. Cost basis was 33 so fine taking the money but wondering if rolling makes sense.
VIX and market uncertainty
If I understand the concept of VIX correctly it's an instrument to let investors navigate uncertainty. However, premarket and in early trading trading, VIX was not reflective of such uncertainty. It's acting as an primary indicator for market decline. SPY near it's all time high and with so much ambiguity …
List of symbols that have daily options and list that has weekly options?
Hello, I am a new trader looking to figure this out .. in the NYSE/NASDAQ market .. is there a way for me to identify which symbols are 0DTE and which ones are weekly.. is there a list I can refer to? Thanks.. this would really help me start with …
Closed All My Short Calls for 99.9% Profit – and a Wild Christmas X / US Steel Assignment Story
https://preview.redd.it/ou4o13egq4je1.png?width=1670&format=png&auto=webp&s=79c2344d0c7d3050be309fc621f37477c2a2c2f5 Hey r/options, I just wanted to share a quick update on my trading journey and a bit of a story from the holidays. * Closed all my short calls for a sweet 99.9% profit today. I couldn’t resist taking those gains off the table! * Opened new short calls …
PSA: U.S. Stock / Bond Markets Closed Monday for Presidents' Day
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Selling against a Deep ITM Call
Sorry I'm fairly new to options. I read the wiki and didn't see this directly covered but please feel free to redirect me if this is covered somewhere. I'm trying to figure out if I can collect premium on a ITM option I'm holding. I'm currently hold 1 contract of …