u/gorram1mhumped

the reporting delay makes it impossible to keep up with their trades, and depressing to see them posted here after the fact. but these ETFs keep running and im happy with that.

still learning the ropes of credit spreads, but it looks like this is a smart way to 'close' a credit spread that's gone completely in your favor but still has some time before expiry?

you're locking in the win that day, whether its a 30% win and you're satisfied, up to maybe a 99% win?

you're protecting yourself against a late massive swing the other way?

once you btc the short leg, ledger the p/l as (premium - btc) do you do much else besides occasionally checking for a reversal of fortune on the long leg?

Finally gave the song its due attention. Its as if Nonagon and Micro had a baby. Great song.

looking for some worthwhile, worth owning, etfs that aren't too expensive (missed the smh train) and also have high enough iv to make it worth looking into for wheeling. csp into 300 shares, covered call off 200, build up ownership 100 shares at a time. so far, my main targets that are both affordable and barely volatile enough are soxq, lit, nasa, sprt. (honorable mention silj, but idk wtf silver's gonna do longterm). you could do a 2:1 ratio and not deploy as much capital, whatever. i know a lot of you wheel soxl, and some say its not advisable to own (still think so?) but for this discussion im interested in wheeling etfs that i'd want to hold longterm.

Eye contact, whats it really about? Black brother and sister, scraping by with no good relationships (with a latino techie?)save the day. Functional, successful korean and white family get destroyed. Whats with the slipper? Whats the point of the filmer dying for 'the impossible shot' as he foretells early on? Its a great scifi horror, but it seemlessly weaves in a lot more.

anyone try to lock in a mitigated loss by automating a trigger sale based on the price of the underlying? im roughly looking to sell at a loss roughly equivalent to 2x the premium. idc what tastytrade says, by 21dte, you're often still on the right side of the trade but can't close without a loss due to iv, or you're fkd (esp with call spreads) cause the price is going to keep moving against you and you're WAY past 2x premium in losses. curious if anyone's played with this? in general, how to measure the price of an option based on the movement of the stock price?

vig up front seems great for casinos, in a game already tilted in their favor. i guess lay bet vig up front used to be the standard, but more and more casinos have switched to vig on win to be 'player friendly?' anyone have lay bet strats they will only deploy on vig-on-win tables?

brokerage is saying i could close spreads for a profit (which i know ain't gonna happen). i'll lower the price to zero, so im closing them for nothing. the order still just spins. i can't set the price into negatives. i just gotta wait until my brokerage lets me know the prices are such that i can now pay to close, lol? i tried to close a call spread yesterday for the peanuts it was worth, no beans, despite multiple attempts and modulations. today the stock jumped $50. yesterday the trade was beans, today its $350 to close. it expires tomorrow. its still out of the money today, but if it gaps again it could be itm. im only holding it now because why, the market makers refused to close it for its value two days ago despite my order? they can do that?