We need Des back to deal with Option newbs

Discussion in 'Options' started by MarkBrown, Feb 6, 2025.

  1. deltaf0rce

    deltaf0rce

    I’ve been looking for time to dig into this but maybe now we’ve both helped each other out. Take a look at this.

    https://optioncharts.io/trending/low-iv-rank-stocks
     
    #161     Feb 16, 2025
    Sekiyo likes this.
  2. deltaf0rce

    deltaf0rce

    I agree. He Should. It’s good work and his name should be in a thread of his chosen title.
     
    #162     Feb 16, 2025
    Sekiyo likes this.
  3. Sekiyo

    Sekiyo

    Thanks for the link. I know about optioncharts. It's a nice website.
    I also use barchart. Has plenty of stuffs for option trader too.
    Marketchameleon is also interesting.

    I pay for none though.
     
    #163     Feb 16, 2025
  4. Sekiyo

    Sekiyo

    LMAO Yes you're right. I also prefer the unicorn.
    Thanks & you can have the bunny if you want.
     
    #164     Feb 16, 2025
    ironchef likes this.
  5. Sekiyo

    Sekiyo

    I thought about spreading or hedging but it adds complexity ... Not sure it's worth it.

    You're right theta decay (square root of time) is a thing that ain't true in sport betting.
    That's why I used to buy right before the event + underlying price uncertainty in btw.

    The IV can double IMO but with theta decaying it's about equal.
    Can double if the average move on earnings is twice (or more) the HV and few days are left until expiration.

    But with FUBO I wouldn't mind buying 1 week before the event since it looks bullish to me (limited downside at least).
     
    #165     Feb 16, 2025
  6. Sekiyo

    Sekiyo

    I've opened a journal where I will discuss, research some option plays.

    Let's see.
     
    #166     Feb 16, 2025
    ironchef likes this.
  7. deltaf0rce

    deltaf0rce

    I just don’t understand what series you’re buying. How long until expiry?
     
    #167     Feb 16, 2025
  8. Sekiyo

    Sekiyo

    Buy just before the event on the nearest expiry.
    That’s where most options 10x
    You can check it here.
     
    #168     Feb 16, 2025