Weekend theta decay

Discussion in 'Options' started by wxytrader, Jul 4, 2025 at 6:38 AM.


  1. bc we needed a fwd that traded under shares to make it obvious that you're clueless.
     
  2. wxytrader

    wxytrader

    You’re missing the point — the spreadsheet does all the work in-house. It’s only as good as the inputs, and the trades are mostly mechanical: I’m aiming for $0.80 to $1 on 30 DTE ATM.

    If making $3K in four days is 'clueless,' then I guess clueless doesn’t mean cashless. You could’ve made that too — if you weren’t so busy chasing the 'surface edge'.
     
    Last edited: Jul 5, 2025 at 1:41 PM
  3. newwurldmn

    newwurldmn

    Hehe. Squealing or problems?
     
    deaddog likes this.

  4. Yeah, you're clueless and therefore your sheet is GIGO. lol $3K meaning you left $6K on the table.
     
  5. wxytrader

    wxytrader

    What are you talking about? You're not going to get that price with 30 DTE puts. Are you saying there was more money to be made in calls? Buying calls for profits isn't the strategy.
     

  6. You were trading calls thinking they are marked to shares meaning your (MSTY) trades in calls would show implied vols way under what is actually marked to the forward. Since you were shorting calls the vol-line shown by your stupid sheet would produce vols wayyyy under actual.

    You don't care and have no interest in an accurate forward or mark.

    I can't dumb it down any further so you're on your own here. Bye.
     
  7. wxytrader

    wxytrader



    I'm not trading calls on MSTY! — I’m selling puts on HUT, BITX, and MARA. The price I paid was the atm money ask.

    You can dissect Greeks all day, but it won't pay the bills. :)
     
    Last edited: Jul 5, 2025 at 1:54 PM