Bought a little too early. Valid? Price is very jumpy rn
u/VeroTrades — 6 hours ago
r/optionstrading
Vice President JD Vance says "President Trump doesn't sit at the Oval Office on his computer on his Robinhood account buying and selling stocks. That's absurd. He's not making the stock trades himself."
u/AlphaFlipper — 18 hours ago
95% of meme coins
Thank god I found a real token with real purpose, real community, real memes, and is REALLY not afraid to call out other scams when possible.
Whether it’s bad actors in the depths of crypto or in the highest offices of government.. the 401jk jesters watch and are fully prepared to mock you.
Resist the broken system.
Retire early with 401jk.
401jk > 401(k)
u/Nice_Daikon6096 — 16 hours ago
What do you look for in Options screeners?
I'm working on trying to build one of the best Options screeners, starting with Options selling. This is a first pass at the screener but honestly it still needs some work. Any feedback would be helpful.
The initial goal was to offer some pre-built filters and also provide a variety of options. I couldn't fit all filters in the screenshot but there is also Stock Price, avoiding stocks expiring after earnings, and near Call and Put Gamma walls, which has provided very useful. Any feedback would be appreciated!
u/Halo-nm — 17 hours ago
Jeff Bezos said the bottom half of Americans should pay zero federal income tax.
u/jerin7931 — 1 day ago
Everyone hates NKE, Its a layup. $45C 7/17
NKE at $44 is easy money. ~1.3x sales. Nobody's talking about it which is exactly when i want in.
down ~75% from the $170 highs, sitting near lows last seen in 2017. still a $65B household name, new CEO (Elliott Hill, who came out of retirement to fix it), and analyst PT consensus is $68 with 38 Buys vs 5 Sells. the 5Y chart looks like hell but shows the $42-48 zone has held as base support before.
looking at the $45C 7/17, currently ~$3.00. ATM, earnings ~5 weeks out on june 25 which gives the IV ramp leading in, plus 3 weeks of post-earnings runway to exit.
main risk is macro — iran, china, vietnam tariffs, hoka eating share are all known and priced in.
(yes it popped 4% today, i was watching this before — thesis hasn't changed)
thoughts?
Edit: for people who keep DMing me the screenshots are from Thesis . Not affiliated.
u/LoadRevolutionary461 — 22 hours ago
Valid? What’d you think will be the high today? I’m thinking it may tank a bit after NVDA earnings. Go full regard and let it ride?
u/VeroTrades — 1 day ago
▲ 31 r/optionstrading
Took 1k to 18k. Doing it again. Day 3 update.
u/Zestyclose-Smile9040 — 1 day ago
▲ 2 r/optionstrading
5k gamble
What stocks that would be the ABSOLUTE gamble to buy calls for either expiring this week or 3 weeks out that you would buy calls for that can be huge. Just curious. #Lottery #Full blown casino.
u/GloveLongjumping5267 — 20 hours ago
▲ 1 r/optionstrading
Deep underwater covered calls what to do - I don't want to lose my shares because of long-term capital gains tax
For those who look to sell covered calls on their long term stock holds, classic wheeling rules don't apply.
You have to remember that, when selling ccs, you are contradicting your own self (your thesis is long term upside - but you're capping that same upside/"idea").
Here's a few things to go through to handle this problem if your goal is to keep the shares:
Compare the tax hit vs. the buy-to-close loss
Obviously, math first.
Calculate exactly how much you will owe in capital gains tax if the shares are called away. Then, look how much it costs you to simply buy back the short call and close the option position.
Whichever number is smaller is your true cheapest exit.
Often taking the trading loss on the option is cheaper than paying the tax. This alone should be enough for you to decide.
Roll out and up (but stay under 60 DTE)
If you decide rolling is the better path, do not roll out 6 to 12 months. Stay within the 30–60 days to expiration (DTE) window.
You can systematically roll out in time and marginally up in strike.
You will make more premium selling 60 days four times than you would selling 240 days once.
Also, most of these "unexpected" runs, like the one caught you off guard right now probably, are not long lived.
Maybe just expanding the time horizon but picking almost the same strike price is the answer? This depends on what's happening in the whole market.
- Example: Rolling out and up Micron is good, but rolling just out is not. Why?
There's a big memory demand in market right now. The stock HAS to go up.
On the other hand: IREN - maker of AI cloud infrastructure, or ONDS - drone defense and surveillance.
Both big angles for the future, but right now they are either building infrastructure or just piling up new contracts. Those are early sings of what's to come, so any run up is usually just short lived (IREN had two 40% runs up and then fell down just a week later).
There are possibly better examples than this, but the idea is simple - think more from the "investor" perspective rather than "trader" perspective before you roll or decide what type of roll you want to do.
Accept that rolling for a debit is paying to keep your shares
Generally, rolling for a debit means locking in a loss.
However, if paying a debit to roll your strike up keeps your shares away from paying the tax and the math works out in your favor, it's a valid choice.
Just accept that you are buying your way out of the mistake. I'd take a small hit to correct my mistake - for example paying 100$ just to get like $1k of new upside.
Remember Rule #1 of Covered Calls
Never sell covered calls on shares you are not perfectly fine letting go of. Remember that the covered call strategy is an "exit strategy". You get paid to exit.
If you truly go by that definition, then stock hitting your strike shouldn't be an issue. If you're exploiting CCs, then the best thing is to just do the math and re-evaluate what you want to do with the stock.
An example that might be helpful in evaluating your rolling options:
Roll opportunities for CRWV ITM CSP (sorry don't have any ITM CCs ITM at the moment)
Here's a link to the tool from screenshot.
The ratings are just hard-coded math, so you have to adjust the filters based on your own stock outlook and judgment.
Also, I hope this is a thorough and detailed explanation, but let me know of any questions, typos or suggested improvements you may have.
- David
u/TheDavidRomic — 1 day ago
How is the theta higher than the total value of the call option i bought
Is fidelityjust displaying it wrong i dont understand the theta is -8,800 when the contract is only worth 7k and it has 56 days until expiration
u/CactiKeroppi — 1 day ago
1% Weekly Returns From Options Week 12
I have to move things to next week early because I'm not around the next couple of days. Also this isn't a great week to do that as a lot of things are down significantly. But I'm going to try and maintain the 1%
Week 7: $573 on $53,800 invested
Week 8: $811 on $70,400 invested.
Week 9: $1093 on $103,450 invested
Week 10: $1040 on $97,400 invested
Week 11: $1077 on $102,800 invested.
I'll post this week's in the comments
last week's post:
u/Enough-Beginning3687 — 1 day ago
▲ 31 r/optionstrading
SPY 730 PUT - Slow and steady wins the race
Took SPY 730 puts today. Got in at 10:09am. The trade reminded me why patience matters so much more than trying to be flashy in this market. Everybody wants the massive 10x option play, but most people blow their accounts because they refuse to take base hits consistently.
This morning I watched SPY reject, and start showing weakness. I didn’t instantly jump in because lately I’ve been working on waiting for confirmation instead of anticipating every move. Once momentum started slowing and sellers stepped in, I entered the 730 puts.
The trade itself wasn’t perfect. There were moments where SPY bounced a little but I just stayed focused the price action and made sure to take green when I saw it. That has honestly been one of the biggest differences for me lately, learning to react instead of emotionally predict.
I think we underestimate how much psychology matters. People talk nonstop about indicators, gamma, news catalysts, and strategies, but if you can’t control yourself when candles start moving fast, none of that matters! The stock market punishes emotional trading. One bad chase can wipe out an entire month of progress.
Consistency looks boring at first, but boring is what actually grows accounts. Taking small wins, instead of swinging for home runs, really matters. But that's what I did. If anyone has followed my posts since December, you have see how I built my account with 10 dollar and 20 dollar gains.
I have been working on cutting losers quickly, and taking profit instead of hoping for just a little more. Social media makes it seem like every trader is turning $500 into $50,000 overnight, but what people usually don’t show are the blown accounts, and the revenge trades. They dont show the overleveraged entries, and emotional decisions behind the scenes. It is exactly what I went through years ago. Now I trade differently. Consistency is the number one most important goal of mine. Because slow consistent growth may not look exciting day-to-day, but it compounds hard over time.
Anyone else choose consistency as their number one goal?
u/OptionsTrader321 — 2 days ago
BREAKING: Trump says again that American's financial situations are less important than the Iran war: "That's right, that's a perfect statement, I'd make it again."
u/DIYLawCA — 3 days ago
BREAKING: President Trump says he has called off a US "Military attack" on Iran which was scheduled for tomorrow after leaders of Qatar, Saudi Arabia, and the UAE called him and asked him to "hold off."
u/jerin7931 — 3 days ago
Hold Til Earnings NVDA? 5/20
I wonder if china sales will affect earnings hype….please criticize this move. Thank you guys!!!
u/HighwayTrader — 3 days ago