Thetagang reddit.

Robinhood was nice because of commission free trades on both stocks and options. Looking for a brokerage with a solid UI and hopefully no fees, or at least low enough it doesn’t hurt. I’m seeing a few that at $0.65 per option trade which I am willing to eat, but would rather avoid. 12.Let me know your thoughts on it. It underperforms than just holding TSLA. I am [edit: NOT] going anywhere close this one. They don't own the actual TSLA stock, it's a synthetic ownership. Check out this video that came out a few days ago: Yield trap. It is a "no" for me. I trade tons of TSLA daily but don't want that.The 51 DTE SPY 21-delta put is $340P. 11/18 exp. Last price $5.38. If you hold the 12 DTE position to expiration, you collect $2.29 or $0.19/day. If you hold the 51 DTE position for 11 days and close at 50%, you collect $2.69 or $0.24/day. This example is a little weird, because of where we are in the monthly cycles - the expirations go from 37 ...0DTE vs 1DTE vs 7DTE vs 45DTE vs 60DTE Discussion ( self.thetagang) submitted 1 month ago * by Right_Account5443. I have seen so many members experiment with …

We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌. Please be civil in your discussions, no WSB language or swearing allowed (automod watches your … Sell puts on fear? : r/thetagang. NYCB. Sell puts on fear? Bad ER this morning for this publicly traded bank. Some made money on this exact same scenario last March 2023 during the bank scare. Thoughts on selling puts in the $2 to $4 range? I bought a few calls as a gamble. Iron Butterflies (Jim Olson) Hey guys, recently I read about a 0DTE SPX Short Iron Butterfly strategy developed by someone named Jim Olson. I saw quite a few people referring to him on Reddit posts after some googling but can't seem to …

The only issue is they will tell you cases where you should trade longer DTE and strategies for shorter DTE. All of the trades you mentioned can be profitable. Knowing when to use what and when to not trade comes from practice. Selling options can be a successful strategy, but has no inherent edge of being long. 7. Track your cost basis. Tracking your cost basis is easy now with the THETA GANG Tracker. Built by option trader Joonie, for option traders. Free-to-use and ad-free because of supporters on Patreon. Write in to [email protected] if you'd like a chance to show up here! A stock and options trading community logging their trades to share ideas ...

Will like to spend under $500 for the 100 shares. Sundial is $1.35 now so 100 shares will cost $135. $2.5 Calls an expiration of the 26th will give me a premium of $18. (Take 8 times to make my money back) Same call expiring on the 1st will give me a premium of $23 dollars per contract. (Six times to make my money back) Reddit's Goth Community, for goth music and subculture! Please check out our Wiki which features the rules and FAQ, and our sidebar which features many resources on goth music, (including recommendations and playlists) fashion, history, and scene. It’s crazy to me that most people focus on taxes as a reason not to trade, when they really should be focusing on MENTAL HEALTH. Most people should not be … SoMuchRanch. $200k -> $3M+ in 4 Years. Thanks, Thetagang . 4YR Performance. Thetagang Proverbs We Have All Forgotten: The Wheel is for preserving wealth NOT building it (buy/hold outperforms) Use it as a tactic to learn the mechanics then either get comfortable with margin or realize you are like 99% of humans who are better off with buying SPY ...

After "donating" over $1,500 to the market learning options, I've reached the point where I'm done allowing my portfolio to bleed money. I came across Theta Gang after speaking with someone about how they are where all the money WSB losses goes to and shortly after found this group.

3 Nov 2023 ... Discussion. Update from this post: https://www.reddit.com/r/thetagang/comments/170yheq/15m_account_new_to_selling_options_any_advice_on/? ...

High IV Tickers List. *Some of the market cap data is off, so always double check before entering any plays! Ticker. Market Cap. Stock Price. IV (%) RIOT - Riot Blockchain... 4.82B. $71.84.29 Jul 2022 ... Opinions on my Theta Gang Strategy. · it is much better to sell vol on stocks where IV is low, this is well documented- see Euen Sinclair's ... Hi, I decided to try out the selling puts (csp) strategy. I sold a put but noticed that I didn't receive the premium and it wasn't reflected in my buying power or portfolio value. My only thoughts are because I'm using a cash account instead of a margin account the premium won't reflect in the buying power on the same day, or I f*cked up lol. Theta has been one part of my effort to achieve financial independence, which I have written about in FIRE threads. This post documents my experiences with theta over 13 years, what my key lessons have been, and how I have matured as a theta trader. Theta is a hobby. The research and trades that I make are done outside of work, which consumes ... Are there any cheaper etfs under 100$ that track S&P, DOW, NASDAQ, etc…. Im a broke college student that doesnt have enough funds. Sort by: [deleted] • 2 yr. ago. r/thetagang. These are the two specific types of trades employed by the wheel, which is most common strategy among thetagangers. There are many other ways to trade. I would say the wheel represents a tiny fraction of all the ways to trade, and probably the least employed by knowledgable and successful traders. 2. curlingcoffeecake.

I sell almost all at 30 delta in general. 93% win rate. Up over 40% YTD just over 800 positions entered. Complex_Mention_8495. • 2 yr. ago. I am wheeling only for about 2 months with ~10k US$, which basically results in three legs. I am rather cautious selling CSP way below a Delta of 0.3. More in the range between 0.15 and 0.25. I’ve been trading for over two decades and taken many courses on investing and technical analysis. I’ve used a lot of different indicators but I find the simpler you keep it the better. The ones that I mainly use is the trend lines, Rsi, Macd, and the stochastics. Occasionally I’ll look at others like the bollingerbands. Learn how to use theta gang strategies to collect premium from options trading. Theta gang is a concept that capitalizes on the fact that the prices of options …159 votes, 73 comments. 209K subscribers in the thetagang community. We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌r/thetagang • I am a longtime employee of one of the big firms that executes retail order flow from the likes of you guys. I'll answer the top five upvoted questions after work today.That is essentially an arbitrary back tested date. That is the date that TastyTrade has found to typically be able to offer that 33% credit for a 30 delta trade. They then put 2 metrics on that to manage. 1) 50% of max profit, you close the position. 2) At 21 DTE you close it (if profitable) or roll it out and collect more premium.

So like many others i started theta gang 2023 after losing money playing wsb options. So far theta gods have been kind. Below is a summary of the year, hope to get feedback and learnings from the good folks here. Liquidated my company stocks Nov 2022 and decided to stop weeklies and start wheeling. Started with ~115k Posted by u/bleakheat - No votes and 20 comments

The wheel is a delta strategy with a little bit of theta sprinkled on top, not a theta strategy. Left out PMCC... What lesson is that? Spreads $5, $10 wide sometimes up to $20 in liquid options market. and hopefully get some move/time in my favor and then add the other side. Here are some helpful Reddit communities and threads that can help you stay up-to-date with everything WordPress. Trusted by business builders worldwide, the HubSpot Blogs are your...142 votes, 32 comments. 206K subscribers in the thetagang community. We are selling options to WSB degenerates using thetagang strategies! ... Welcome to Destiny Reddit! This sub is for discussing Bungie's Destiny 2 and its predecessor, Destiny. Please read the sidebar rules and be sure to search for your question before posting.Extreme_Blueberry887. • 3 yr. ago. No, rolling option does not triggered wash sale. Different expire day options are considered "non-identical" options. I rolled in-money options until options expires worthless and never have wash sale. If you buy/sale options with same expire day, the loss is considered wash sale, regardless strike price. Let’s talk more about the “hyperwheel”. Giving credit to u/calevonlear for the term (not sure if you coined it, but might as well take credit). Reading through previous posts, the hyperwheel uses 1DTE sold puts on /ES. The notion of “potentially” needing a large sum of capital if/when you get assigned is currently out of the question ... Theta Gang Strategy Basics: Put Options // r/wallstreetbets. Buying call options is very risky, but the payouts can be enormous. They're going to be a part of your strategy if you …Theta gets more interesting when you can actually afford assignment, but yes selling super way otm contracts at 6 months+ and just letting it age like cheese or an athletes foot infection is an option for me and I dabble. Track your cost basis. Tracking your cost basis is easy now with the THETA GANG Tracker. Built by option trader Joonie, for option traders. Free-to-use and ad-free because of supporters on Patreon. Write in to [email protected] if you'd like a chance to show up here! A stock and options trading community logging their trades to share ideas ...

Theta! Glad you’re green. Watch your risk - I have a strong suspicion you’re a bit heavy on it. This is great but I can guarantee you it's not theta that gave you 50% gains ;) That's mostly delta and vega.

Finviz - Short Squeeze/ High Short Interest/ Stock Scanner. For those who may be unaware, there is a very easy way to scan for high short interest stocks (or any other stock for that matter) using Finviz and the "Screener" tab. Below is an example of what a basic scan could look like, feel free to tweak whatever criteria you want (technical ...

Discord server for people serious about making money. Hey all! I hope you are doing well. I created a discord server for people who are intentional about escaping the rat race. It covers the financial markets, business ownership, and personal finance. This is great brother. Don’t forget to start your YouTube channel soon also. These are the two specific types of trades employed by the wheel, which is most common strategy among thetagangers. There are many other ways to trade. I would say the wheel represents a tiny fraction of all the ways to trade, and probably the least employed by knowledgable and successful traders. 2. curlingcoffeecake. Will like to spend under $500 for the 100 shares. Sundial is $1.35 now so 100 shares will cost $135. $2.5 Calls an expiration of the 26th will give me a premium of $18. (Take 8 times to make my money back) Same call expiring on the 1st will give me a premium of $23 dollars per contract. (Six times to make my money back) Selling naked options can expose you to extreme risks, and to ignore it is simply reckless. It's more important to avoid a huge loss than to make a huge profit, because all it takes is one big loss on a trade to make recovering from it impossible, ending your career in theta gang. Step 2. Go to Setup -> Calculations -> Volatility calculation method, and select "Fixed volatility per expiration date" as your method. The default is "individual implied volatility" which gives each option's value it's IV based on it's mid point price. It's useless when options are illiquid and $0.00 - $5.00 wide with zero volume. Adjust the legs to fit your personal risk vs reward, e.g., move the long legs in to 5 point spreads vs 10. If you are ready, select all legs and place as a single LIMIT order= Iron Condor. It will fill after a few minutes, as the LIMIT order seeks the combination of costs to fill it. Notice the combined Theta on the fill. It’s crazy to me that most people focus on taxes as a reason not to trade, when they really should be focusing on MENTAL HEALTH. Most people should not be …If you averaged that every week for the next year, you'd be at $1200*52 + $35000 = $97400 one year from your post. And two years from now, you'd have more than a $260k account. And this would be much more if you calculate it as a percent, such that the dollar value is actually a little higher each week.This isn't my story, but rather my dad's. I know the believability of this might be hard. But I believe this story to be true. My dad was a very nice and hard working man with some of the greatest patience for bullshit I've ever seen.Definitely this. I went to the school in the Brianerd area and lived 10 blocks south of that initially in another “boundary” me being a giddy two shoes child I wasn’t about any of it but was definitely aware of it all just not in the sense of hanging worth he wrong crowd.Just weekend musings. How long do you think will options selling remain profitable for retail traders? Will markets become efficient to the point…BlackBerry said Monday that it wasn't aware of "any material, undisclosed corporate developments" that could rationally fuel its rally. Jump to BlackBerry leaped as much as 8.2% on...

Step 4. Compare your trades to your theo price. It's a good thing I didn't fall for that $0.10 bid a bit higher on my short call trade - it's theo price is actually $0.2392, rounded to $0.24! In this trade I shorted exactly at $0.05, but the theo price is $0.042, rounded down to $0.04, so I'm slightly ahead of the fair price at the time of the ...If what you are looking for is increased income from your portfolio and want lower risk then this is a great solution. If you had say 50,000 to play with you could put half into QYLD and half into wheeling to get a stable and reliable income of ~200/month to pay bills with plus anything you are earning from your wheel.6 Aug 2022 ... r/thetagang Current search is within r/thetagang. Remove r/thetagang filter and expand search to all of Reddit. TRENDING TODAY. Search for ...Instagram:https://instagram. italian restaurant courses crossword clue 7 letterswhat time is the sunset todayenterprise open near me nowaarp right again 159 votes, 73 comments. 209K subscribers in the thetagang community. We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌2 Feb 2024 ... r/thetagang Current search is within r/thetagang. Remove r/thetagang filter and expand search to all of Reddit. TRENDING TODAY. Search for ... cost of movie at regal cinemassigned agreements nyt crossword clue The only issue is they will tell you cases where you should trade longer DTE and strategies for shorter DTE. All of the trades you mentioned can be profitable. Knowing when to use what and when to not trade comes from practice. Selling options can be a successful strategy, but has no inherent edge of being long. 7. The most effective way is to close your position, take the loss and redeploy your remaining capital/margin on a better position. Perhaps on a different ticker. Or let it get exercised. Rolling is a fantasy invented to help psychologically deal with a loss. tiffany keller leak The u/Theta-gang community on Reddit. Reddit gives you the best of the internet in one place. jump to content. my subreddits. edit subscriptions. popular-all-random-users | AskReddit ... Theta-gang 74 post karma 1,730 comment karma send a private message redditor for 2 years. TROPHY CASE. Two-Year Club. Verified Email. remember me reset …TDA/TOS is overall better, IMO. Tastyworks is essentially TOS-lite. Tastyworks advantage is that they are far more lenient approving you for naked options trading. If you are a new trader with a smaller account and want naked options approval, I think Tastyworks is where you are going to want to be. Tastyworks is much better for options related ...Thinking of selling covered calls on IWM M/W/F. I have about $14,000 and plan on buying 100 shares of IWM by using margin. I would be selling covered calls with ~.30 delta. The plan is to a sell a CC on Monday for the same day expiration, sell a CC on Tuesday for Wednesday expiration and sell a CC on Thursday for Friday expiration.