Trade 4 - Sold to open 10 PLTR Feb 19 28 puts @ 1.04 credit
Trade 3 - Sold to open 10 FUBO Feb 19 43 puts @ 1.40 credit
It has almost nothing to do with stock picking, other than picking a company I hope will still be around when the options expire. My primary...
I mean that if I sell 10 GME 44 puts, I have $44,000 on hand to take assignment at that price. A few reminders to those who may be new to this...
What do you do to minimize black swan exposure? I have repeated many times I don't do leverage. Any one trade is only a small percentage of my...
Who is unaffected by a black swan event? So what is your point? No one should ever trade?
Then consider yourself boggled.
I already said I don't do it anymore. It's meaningless to me. This thread is already years old. I plan to be around for more years. The trade data...
Anyone who wants to know my Sharpe can calculate it themselves from the trades I will post.
Thanks CET for the holiday heads up. Totally escaped me. In light of that, I'm not waiting until Monday. I bought to close 10 GME Feb 12 40 puts...
I'll commit to posting a trade or two each week. I challenge destriero to do the same.
The GME 40s I sold for $5100 will expire in a few hours. I added 10 more 45s last Tuesday for half that premium. Will add some more Monday. The...
Meanwhile....I sold 10 more GME 40 puts for next week. For that, they gave me $5100, more than 12%. Yeah, it's an anomaly and I'll soon have to...
Do the naysayers trade at all? If so, tell me what you do and I'll tell you how you can get creamed. I'm 5 years in to this strategy now. I've...
I'm guessing the put is worth slightly more than you received at this point. It's within one strike so I would hold at this point. But don't know...
Trading these super-high volatility stocks can pay a lot of premium, but they can also be very dangerous if you aren't prepared to adjust when...
You can get caught for long periods of time where the stock is underneath your strikes. So try to pick a company that won't go bankrupt.
NKLA lost nearly 50% in the last week - previous Friday close was 34.19. So it's exceptionally dangerous right now. I don't think I'd initiate a...
I think I've laid out the strategy about as well as I can. Some of it is subjective - I enjoy the art of it. I don't decide what I'm going to do...
iddy, if you accumulate premium each time....
Separate names with a comma.