UVXY is probably close to declaring a reverse split, some predict 5:1. Will I be able to roll option positions from the old, pre-split underlying...
That was the sentence that changed everything for me. And he does mean it flipped to debit from credit the same day.
Not really. I can still roll the near term shorts up to the further long week and then the whole spread can be rolled if need be. Sell the longs...
This is going to be my last post on this strategy. More about that later. Trades 2 (GME), 4 (PLTR), and 6 (SPWR) are still open. GME started...
Magic, thank you for your comment on my put selling thread. It turned on the light. I've been selling puts all these years and never saw this....
Thanks Magic. I'm open to learning new things and incorporating new strategies. I can see how the long straddle, for example, could be lucrative...
newwurldmn the $74,000 is the amount on those two trades. In the previous calculation I used $114,000.
Week Summary - I opened 5 short put positions this week. I rolled 3, I closed 1, and 1 will expire. This series of trades will provide a good...
Sorry, original strike on GME was 44, now 41,
Trade 2 - Thread #258 - Rolled 10 GME Feb 19 to Feb 26 @ .52 credit. Cumulative two week credit = 2.03 I've made a boatload on GME over the past...
Trade 6 - Sold to open 10 SPWR Feb 19 38 puts @ .95 credit
Trade 4 - Rolled 10 PLTR Feb 19 27 puts to Feb 26 26 @ .25 credit. Cumulative credit = .67
Should have included the strikes above, BTC 28, STO 27
Trade 4 - I didn't like the way PLTR was dropping into the close, so I gave back .62 and came down a point to 27. Now the idea would be to roll...
Trade 5 - Sold to open 10 WKHS Feb 19 31 puts @ .90
You do your thing, I'll do mine.
So now we know Destriero doesn't think PLTR is worth 27 bucks a share. Well, relax big D, I have an option, so I can always go lower and get it...
I said this strategy works best if you are well-capitalized. I would never place anything like my whole account into one trade. Or even 10%. I...
And I believe the notional risk posted as of today is 115K.
Who said I had a 44K account? Destriero?
Separate names with a comma.