u/hungry_ghost_2018

How does your strategy change on long calls vs <45DTE.

I recently got into trading options on a $600 account. In the past 2 weeks I’ve turned into $1400 on SLS and DRTS 30DTE. Now that I know enough to know I got pretty lucky so I’m trying to understand how I can use the Greeks to find some asymmetrical plays.
My question is, what do you look for on IV and theta on a 60-180DTE? For example, would an IV under 80 with a theta of less than .004 bite me in the ass if it trades sideways for a month? Can Vega save me or should I only target high IV and play a strategy to capitalize on IV crush?

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u/hungry_ghost_2018 — 2 days ago

Father - Daughter synastry. How can I best support my daughter through adolescence?

I love my daughter more than life itself and I would say we have a really good relationship. We’re a lot a like. So much so I worry that the traits I’m passing on to her will lead her into a lot of heartache and uncertainty.
She is a force of nature and I truly believe she’s a rare soul who destined for big things. I still carry some guilt over my mistakes and failures from when she was younger and I want to make sure I’m giving her everything she needs, not just projecting my unmet needs onto her. What kind of guidance should I take from this synastry to make sure I avoid the pitfalls around adolescence and beyond?

u/hungry_ghost_2018 — 2 months ago