I wanted to get some thoughts or optionions from people who are smarter than me when it comes to options. See image (1), PayPal volume seems incredibly high compared to normal. I compared it to Palantir image (2) since it's a highly traded stock, and was quite shocked by the difference. Any thoughts on what this could mean?
This was a good short term win…I would have let it run the rest of the week, but wanted to take this profit to make sure I locked it in. Instantly rolled it into the short term $XOM call. If that goes well, it’s $100 to $1,000+ in about a month. I don’t chase short term plays like this much, but the opportunity is perfect. 😎 @maxstocks - third in a row of profits being miscalculated, or in this case, absent. I know the options thing is new, just tagging so that it is noticed and perhaps fixed in time. 😁👍
$NVDA had a nice red day, so I figured it was a better time to sell some volatility instead of chasing it higher. Breakeven is around $201.70 if assigned. Plan is to take it off around 50-60% profit if I get the chance before earnings. If not, I’m comfortable owning $NVDA around that price. Slowly putting the tracker to work. Not financial advice.
Sold 1x SPCX $95 put expiring Sept. 18 for $540 in premium. At 44 DTE, that works out to roughly a 47% annualized return. The strike is at a level I’d be happy owning if assigned, so I’m comfortable collecting the premium while I wait. Anyone else opening new wheel positions this week?
This is a risky option play I’m running with going into $IREN’s earnings on the 27th. Currently about 15% out of the money so the ultimate high risk high reward move After $NBIS & $CRWV earnings I believe we could see a massive beat from Iren and could see a massive jump after earnings Of course this could miserably fail but it’s a risk I’m willing to take
So, about 2 months ago I started trading options. Pretty conservatively, just to get a feel for things. It's been some journey. Curious if anyone has any tips or life experience they might be willing to share with me? So far I have been focusing on the following strategies: 1. Wheel Strategy 2. Put Credit Spread 3. Put Debit Spread Typically I am looking 35-45 DTE, around 20 Delta. $5 or $10 spreads when possible. And sell at 50%.
I’ve swung this exact contract setup about five times over the last 6-8 months, and it’s been nothing but money 💸 Anytime $SOFI dips under my ~$15 cost basis, I LOCK TF in. That level is a brick wall of support, and when the RSI drops under 30, it’s becoming oversold. I’m already super comfortable with my core equity position, though, so I’m not trying to constantly DCA and overload my port. Instead, I throw on longer-dated, ITM calls for some cheap leverage to ride the bounce. If we get that violent relief rally right out of the gate? I lock in gains and take my money to the bank. If it decides to chop around for a few weeks, even months first? No stress.. it’s always long-dated (takes the worry out of things), so I can just sit on my hands and let the trade play out without getting eaten alive by theta. Locked this one in this morning, purchased July 31 @$2.65 exp. January 15 ‘27. EZ MONEY 💪
Options premium = intrinsic value + extrinsic value. Intrinsic value is the in-the-money part. Extrinsic value is the time + volatility premium. Examples Call at $95 with stock at $100 = $5 intrinsic. Put at $105 with stock at $100 = $5 intrinsic. Formula Call intrinsic = stock - strike Put intrinsic = strike - stock Extrinsic = option price - intrinsic read more
I am interested in learning about trading options. And courses or book suggestions would be appreciated. I see so many knowledgeable peeps here looking to learn the ways!
Rolled my $NBIS covered calls up and further out for a premium. On the same topic here are some advice on when to roll covered calls: Consider rolling when: • The stock is approaching your strike and you still want to hold the shares • The call has significant time value remaining • You can buy back the existing call and sell a new one for more premium • You can move the strike higher and/or expiration further out while collecting a net credit Don’t roll for a debit just to avoid assignment. If you have to pay to roll, you’re potentially throwing good money after bad. Remember: getting assigned isn’t necessarily a loss — you still keep the premium and realize the gain on your shares. Roll for a credit. Otherwise, let the trade play out. NFAread more
Since I can’t wait for the market to open here is a short guide on how one can generate income by simply waiting and holding shares or cash: Step 1: Sell Cash-Secured Puts Choose a stock you’re willing to own and sell a put. If it expires above your strike, you keep the premium. If it drops below, you’re assigned shares at a discount. Step 2: Sell Covered Calls Once you own the shares, sell call options. You collect premium while holding the stock. If the stock rises above your strike, your shares are sold for a profit. Then repeat the cycle. Why use it: • Consistent premium income • Works best in neutral to slightly bullish markets. When volatility is high combined with key levels, selling puts and calls is my go to. Risks: • Holding a declining stock (which is why you should do it on stocks you already plan to hold) • Limited upside when selling calls. I prefer selling calls that are way out of the money so I don’t miss out on big moves up. Simple idea: get paid to enter, get paid to hold, get paid to exit.read more
