Reddit wallstreetbets options. Options: Buy to close your short call.

Reddit wallstreetbets options Meme I started "trading" options in highschool, using my mom's social card to open a Robinhood account. So I’m on GlassDoor and “options trader” shows up for a company called Maverick Trading. Do not take out a loan for options trading. Reddit’s PRAW API and Pushshift API were used to obtain the data for this analysis. Good luck. This subreddit is intended for open discussions on all subjects related to trading on Stocks, Options, Futures, Currencies and Commodities. That means the option holder has the right the exercise the contract at ANY time. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. This means an option loses value as time moves closer to its maturity, as long as everything is held constant. 35. Thursday I predicted a volatile day on friday, so had plenty of dry powder. forex has a shit ton of leverage and much more risky margin requirements. I've recently started trading in CFDs, and to me they seem like 'premium options' (can strike at any price and close at any time/date, whilst still being able to leverage pretty significantly. 70/share 😂 fair enough. If you do not have sufficient purchasing power to accept the assignment or exercise, your expiring options positions may be closed, without notification, on the last trading day for your specific options series. This is an update to my post from a couple of years ago in which I lost over $50k and then, at the time of posting, had almost made it all back. If you can find one good trend for the day, your tendies will come. They're simillar but not the same. With put options its the same if the stock price is above the strike price. Just do like the rest of the degenerate here admit you lost 30k to gambling, and then either gamble more and eventually lose it all. 70 option price = $0. Go to wallstreetbets r/wallstreetbets • by TrustTheitalian outraged feminist View community ranking #43 in Largest Communities. Members Online. The transaction fee for exercises and assignment of options is $19. Reply Guilty-Inspection694 This is the Robinhood equivalent of Reddit Cares Reply SlowNeighborhood SPYpolar 🥴 I always play covered, so if I'm bearish on a stock, I'll short a stock and sell puts at about 10-15% below the current price, and vice versa if I'm feeling bulllish (buy the stock and sell calls at 10-15% above). Futures require margin, that's it. Its just a model man. That said, no. Reddit even unarchived your post history. Expiration date 1-3 days. Notice how there are gray boxes and black boxes The options strategy you are referring to is known as a vertical spread. It's honestly one of the trades I'm more comfortable with on the premise that SPY is volatile enough that it very rare options crashes completely down. Yea Theta is the time variable of options. Held to zero hoping that it would make me all my gme losses back, lol. I understand what an option is and how it works, I just want to understand advantages/disadvantages of buying an option vs the underlying stock. Sell around 45 days until expiration. Log In / Sign Up; in the rise of IV before earnings and I feel like this is better done with companies that are popular to trade options with. if you genuinely want to learn about options, a good book is Agricultural Options: Trading Puts and Calls in the New Grain and Livestock Futures Markets - By George Angell you shouldn't really mess with options unless Go to wallstreetbets r/wallstreetbets. 6bn gross profit, with a $5. Cost Basis: This refers to the total amount invested in the options. If you think black scholes misprices options, then use that info to make money. Every single dollar I could get I would put into the account (and of course lose it) This carried into the present, where I do the same, but have more money to waste Go to wallstreetbets r/wallstreetbets. Guys yolo on an option with multiple contracts with 0DTE. Every time I say I'm done I still trade but this times it's over. 1K votes, 616 comments. Make sure to roll to defend positions (look to roll around 20 DTE). Members Online Nightly Discussion - (December 16, 2021) If you want the easy side of options, stick to buying calls or maybe puts (if you want a leveraged short position). Don’t bet the farm unless you wanna lose the farm. Go to wallstreetbets r Options trading is all about understanding volatility and time decay. Reply reply Options are inherently leveraged. Posts about equities, options, forex, futures, analyst upgrades & downgrades, technical and fundamental analysis, and the stock market in general are all welcome. Robinhood had previously cracked to social media pressure and allowed people to exercise puts into a short position. Avoid greed and do not buy consecutive options on 1 company. Decided to take $450 to see if I could just alternate between Calls and Puts on Go to wallstreetbets r/wallstreetbets. But lets go with it to keep it simple. They'll swing a lot more wildly, like the long wiener of a giraffe, galloping in the African Savannah. Rather, ITM options are the best bet to make good money. The official Python community for Reddit! Stay up to date with the latest news, packages This subreddit is a place where high income professionals of all types can ask, answer, discuss, and debate the personal finance and investing questions specific to our unique situations without being criticized, ostracized, or downvoted simply for If you know (or want to bet) that a penny stock, let’s say 1. Looks like the NSE doesn't offer short-expirt options only monthly. Add a Comment. I think they trade in lower overall volume but don't quote me on that, Investopedia has some great articles directly comparing warrants to options but I have no personal experience with warrants. The only way I could compare CFD to options is that they both offer extraordinary leverage, except a long option has a max loss built in (price of the contract) and a counterparty that is legally obligated by terms of the contract, the CFD has no real max loss and your broker has an incentive for you to loss in the trade. Big institutions need to buy positions and contracts guarantee them at a certain price. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. Reddit’s little corner for iPhone lovers (and some people who just mildly enjoy it) As in, I don’t do the stupid wheel strategy, I only write options on SPX. Sits at $183 today. Currently Jan 19 (the first monthly option exp date of 2024) has a ton of call volume. for most GME holders hypothetically speaking a run to 10k per share is 100x on your money at $100 average. Ayyy free money! It works. r/wallstreetbets Discussion I recently have gotten into selling covered calls and have come to understand options trading, but I don’t understand how people can lose money the way I see in loss porn on here. Sounds like you are looking at a chart (the community) until you find that one candle or indicator (1-in-a-million winner) that lets you jump up and tell the world that your trade, now down over 80%, was correct and will turn around when the market finally does "what it is supposed to". Options and option strategies seem less of a gamble because you can actually manipulate them in a way where it’s not as much guessing. Premium vs core client makes a lot of difference in WS if you want to do scalping. In my limited experience, I've noticed that buying options where the breakeven (strike + premium) was within a couple percent of the current price of the underlying stock and selling a day or two later when the underlying made a move and gave me Plus the increased value of the option itself. Why Do I Like the SPY 0DTE? Honestly I feel less confident in trying to predict long term prices on anything these days. Volume 0 is what you want to see at your strike, anything more means you are chasing money (more demand = higher cost = wasted money). Posted by u/slutpriest - 77 votes and 14 comments As options and derivatives have become much larger portions of how the market is traded, looking at open volume of said options can provide a lot of insight on future market prices. What are futures? Futures contracts are standardized contracts representing a commodity that are traded on an exchange. Welcome to This is true, the position up until expiry is subject to slight changes in the Greeks, but the changes are really quite minimal, because an increase in Vega for the sold option will be offset by the simultaneous increase in Vega for the bought 3. I finally cut my losses yesterday and took my $13. last month - expirations: fuck MSFT won’t reach 200 and I jus lost money. Open comment sort options. To be brief and useful, if you want to profit from a stock going up you buy calls. 30k margin account, which also demonstrated how his brokerage Robinhood also didn’t understand box options. 3K votes, 768 comments. OPTIONS: Alright, so half you are going to understand this, and half of you are not. You get double whammy losses. Add an option to a watchlist when you would have intended to buy it. Remember, Option Greeks derive their respective values from Option premium and not vice versa. Buy 1 contract deep ITM for a month or so out. Ibkr doesn’t route to market makers so you don’t get screwed over fills. New. Close between 25% to 50% of max profit. There is a time for buying options, but you won't recognize them immediately. This video sums up the absolute chaos that r/wallstreetbets is. That would mean you're making 66% returns, insane. I don't have food for dinner since I just lost it all. Or check it out in the app stores     TOPICS. 50$ is gonna run 10%, would it be better to just buy the stock or get a call option? Is it even profitable to buy options on penny stocks? Or is it better to do that on companies with bigger market caps? r/wallstreetbets A chip A close button. This site here gives you some interesting information regarding where options money is going. Options contracts are standardized bets that are traded on an exchange. Strangle Options strategy . the only risky play would be naked shorts. Watched as TSLA dropped another $35. Hey all, I've received a good number of requests to post a guide on how exactly one trades high volume unusual options activity. I do subscribe to the conspiracy theory of hedgies driving up the price to sell overpriced options and then crashing it down (because we only bought options) to collect money. Expand user menu Open settings menu. I bought some 11/11 367c right before close on Thursday. If the stock price is below the strike price of your call option on the expiry date it will expire worthless and you lose the money you bought the option at. r/wallstreetbets A chip A close button. I'll use "dealer" to mean both a dealer and market maker for the sake of this, but also know they are not the same thing technically. Time works WITH r/wallstreetbets A chip A close button. . Since my trading algorithms fall under the category of automated, high-frequency trading, my absolute requirements for the platform are SPY contracts and most other options contracts on WSB are American Style options. Also, what is a Because yolo that's why and I learn on the fly been nothing but gains not large but still not losing money. Options is not for me I could easily make this money back and may be 10x if I try again I need to have a strategy and more disciplined with my picks I need to learn technical analysis rather than simply selecting my picks N. Please if Go to wallstreetbets r/wallstreetbets Discussion I see all these regards on YouTube and on social media — Reddit included — doing all this technical analysis BS, iron condor blah blah, etc. So $12,400. Options are a slightly more sophisticated way to manage risk and reward, but they’re basically the same as stocks. If the stock doesn't rise above the strike price of the call options by expiration, the options expire worthless, and the seller keeps the 2. Now I have a bit of another question, because this part of Options is confusing still for me: ITM/OTM/ATM are things that As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. This DD is not about that. Go to wallstreetbets r/wallstreetbets • by Reddit . ADMIN MOD Options have ruined my life . That does seem to be the general gist of it, yep, even with GME having boosters. For example, CBOE allows for options trading on its exchanges for another 15 minutes after markets close, but this is not true for all exchanges. B : May be move to IBKR for options. My theta system has been feasting. (So it goes with options. This subreddit is a place where high income professionals of all types can ask, answer, discuss, and debate the personal finance and investing questions specific to our unique situations without being criticized, ostracized, or downvoted simply for The term theta refers to the rate of decline in the value of an option due to the passage of time. 15M subscribers in the wallstreetbets community. I got greedy and sold everything and YOLO’d on a penny stock (ICU) and lost $10k. I though I would share a quick tip. Options have an expiry date, the further that date is away the more expensive the option is. Give thyself at least 3 weeks time to play the option. Top. Make sure you understand the intrinsic and extrinsic value of an option. last month: first trade options using short expirations. Back in last Friday, selling Feb16 $200 puts as TSLA's RSI (14 day lookback) is hovering around 18. Probably between $10,000 - $15,000. reads one reddit post explaining Max Pain for the first time. If you want to profit from a stock going Consider deep OTM options like a very, very shitty casino bet. If shit is going south you can usually pull out 50% unless there is a major movement. However level 2 data isn’t free and there are monthly fees if your account is too small, and their customer service is garbage. Haha r/wallstreetbets A chip A close button. You would need to buy a call to close out the call if you want to close it so if it's OTM and there's no theta left, the price of a call should be 0. There’s even this disclaimer when stocks are halted: This is directly from backlash on Reddit when they disabled the buy button. So in that book, or in another one, this was the first things mentioned: OTM options seem like a good idea, because no intrinsic value, BUT most people don't make money on OTM options much. Lastly, every day that you're right, theta will add to your position (rather than detract from it as with buying options). The calculation is simple: current leverage = (delta/option price)*current stock price. The few I knew IRL did about OP did and did not get caught. These resilient stocks are trading at a significant valuation premium and are therefore prone to drawdowns r/wallstreetbets. those people either sold or are still holding and will be legends when its over. Call options are expensive, my only regret is I wish I had more than 4 shares @ $500. Curious to know if has any idea how options work and the face that over 80% of options expire worthless. You see it here all the time. It can also be referred to as the time decay of an option. Discussion As an algorithmic trader that codes in Python, I thought I'd share my experiences on the available choices out there for API trading of US equities. Log In / Sign Up; is going to expand), so they buy a strangle. Let's say you buy a call options contract for the stock of some company. Not exactly "a certain call option" but more of a option strategy: a calender spread, buying a longer dated OTM call option and selling the nearer dated call option with same strike price. Here is a brief explanation of the Greeks, Theta: bascially a function of time to expiry. Trump's new social media SPAC is soaring. Perhaps you can shoehorn their probability of winning this game into these variables: Days left until expiration You are way too focused on operations. Cost me like $330 and jumped to $500+. IV crush, because I’m too broke to exercise options, I’m playing around the premiums of my contracts. last month- a few days after: ayyy I’m at 30 percent up, ganna wait fo see what happens. Unlikely. Buying two OTM options will usually give you more delta than buying one ITM option of the same price. 9% of the time. The options contract expires in 1 year, but when the time comes to exercise your right, the stock's price is $14. I bought those bb calls that appear to be ITM, but when I go to sell it seems like I'm only getting $300. Reddit must be poppin with loss porn! Go to wallstreetbets r/wallstreetbets and sometimes with longer dated options. long options your only risk is the debit paid. 99 (other charges may apply). Magically before they get bought out and one that he had consulted for Given popular demand, we're having an options focused AMA where Hardy is going to help you be less like this kid: This is not the u/HardyRekshin way. Reddit . You can see that most of these options bets are being made on options that expire within 7 days. In other words, Reddit has a new paid team called Anti-Evil Operations which goes around permanently banning accounts for saying bad When you exercise an option, you forfeit all remaining extrinsic value in the option. Get the Reddit app Scan this QR code to download the app now. This column shows all of the call option contracts for a certain date. Pull up an options chain now on any stock (penny stocks and specific stocks do not have chains because of their market cap). Owning an option (call or put) gives you a right (to buy a stock and to sell a stock, respectively), but no obligations. If the WallStreetBets is a Reddit community known for its unconventional and high-risk trading strategies. Took economics in high-school 20 years ago same shit applies today plus the speed of the internet makes it so much simpler to do now. r/wallstreetbets. Spreads allow you to protect your position and minimize losses. This column shows all of the put option contracts for a certain date. Pretty easy to get approved for options. That’s simply because the Specifically, the actions of investors on the subreddit thread (user-created areas of interest where participants on the Reddit website discuss stock and options trading) WallStreetBets (WSB) has had a material impact on If you want to get into options, get Robinhood, and use their “add to watchlist” feature. Internet Culture (Viral) We think that the options are overpriced considering the recent moves in the underlying. In the options market, when a Option warrants are similar to stock options but they're less common and are usually more long term investments. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. ) Similarly to back then, I now have an impressive 1 month chart and not-so-impressive all-time chart, so I thought it was a fitting time to give an update. 42K votes, 3. it's also an extremely difficult market to time. The missing piece here is that you can only exercise the option if LSU wins their playoff game. Signed, A baby regard. you can only lose an exact amount. 1. Any more and your options are filled with thetans. Every day the value of your options will go down due to time decay, theta. 16M subscribers in the wallstreetbets community. This can lead to huge losses. The mentioned volume of 29 at the 120 strike and 1 at the 130 strike suggests these are the contracts bought. Most people that exercise early are making the person that sold them very happy. 5 price to tangible book and ~. 2. 6bn net profit) in 2021 Tesla for the same full year (not just Q2 like the above chart shows), Tesla did $13. I lost GME had a handful of investors that got in before Jan 2021 run up. Reply reply Im pretty sure shipping isn't an option. Go to wallstreetbets r/wallstreetbets. 5k reviews, third place red bull 6 pack with 8. If you have a $495 option and the stock is trading at $510 your option has an intrinsic value of $15. Posted by u/Top-Working5622 - 2 votes and 4 comments 606 votes, 319 comments. If you’re just buying long calls/puts with cash, you can have leverage without risking going into debt. You can get whipsawed doing this, but if the stock keeps pumping it's the best option. Also, black scholes doesnt price options, people price options in the market place. If near expiration the stock is $11, your call is worth at least 1 dollar from being intrinsic, and most likely some extrinsic (time value) depending on how far til expiration. MSTR has alot of Rule#4, enough that their stock essentially tracks it. The reason degens prefer options is because of LIMITED DOWNSIDE PROTECTION. Even a non-self sufficient colony won't happen in our lifetime. Shiiiiit, it seems (at least from this newbie's experience) like GME was a horrible idea that worked purely because none of the hedge funds where expecting a bunch of randos on the internet pulling the exact same sort of stunt they do, but doubling down every time they do. Thank you newbro over here. It's like playing a different kind of game. Hence why I like the 0DTE. I don't even have a crazy amount with them. Of course there is a random person with access to this much storage. 52bn net profit. Best. Reply reply ABena2t r/wallstreetbets. Or check it out in the app stores   India accounted for 78% of all options in 2023 and 95% of those were only held for less than 30 minutes with only 10% of them making money. Options lose a little value with each passing day, in the form of time/theta decay. Please show me the way. The person/people who SOLD you those options was thetagang. They have a history of bending to social media backlash. I was young and foolish to think they would. Recap: Delta is an estimate of how the value of an option changes for each $1 move in the underlying stock. Lets take a look at the open puts/calls for the magnificent 7 stocks for that That guy who thought he understood box options and showed all his DD explains why his risk was totally fixed. But if you’re buying them on margin, that’s when you’re risking debt. Gonna make up an average price entry of $50 per share for 30k total entry. "Higher risk, higher reward" and all Welcome to /r/StockMarket! Our objective is to provide short and mid term trade ideas, market analysis & commentary for active traders and investors. With a strike price $425, that would mean the LSU rsvp option has an intrinsic value of $802, which is more than the cost of the option. I had another option. You can trade futures for things ranging from corn, to oil, to weather, to "index futures" meaning a futures contract for the S&P 500 index and other indices. And you get the benefit of not having to worry about the overnight theta gang hit that other Options are not that difficult or complex to understand 💀 Call = buy 100 shares of the stock at a strike price, put = sell 100 shares of the stock at a strike price; the price of the option is the premium to do this ($0. The stock's current price is $10 and your strike price is $15. Sell the 30 delta options, and look to collect 1/3 the width of a spread. Have to start averaging down, so sink lot more money into it than plan, end up being $10k on weekly OTM options. of course, if you're wrong on the direction or the speed of the move, you're going to wind up in deeper doo-doo than if you just bought one ITM option. I am a newby paper trading options before I truly get my toes wet and probably submit my application for Wendy's. r/wallstreetbets Just saw a post about someone losing all his money and woman he lived due to his “addiction “ to trading options. I'm guessing there's LULU, AAPL, and well that's all I really know so So I actually own BOIL and NYCB so familiar with their volatility. This is different than a straddle because you buy out of the money options, rather than the at the money option so that their margin goes down less. As you said, it's all about matching contracts, which kinda shields you from some of the shenanigans you'd encounter Guys here is the 10-bagger We propose two option strategies to monetize the dislocation caused by the spikein retail activity: We believe that the outperformance of our VolScore strategy will likely continue and hence recommend it as an attractive way to monetize the VRP. 8k and put it in NVDA, TSM, and AMD options. What do I need to know? Options have an expiration date. That's higher than what I sold mine for yesterday. 7K comments. Like 4chan found a Bloomberg Terminal. $47p 2/12 on gme. Furthermore, the same exchange can have different trading hours for different contracts. last month, same day: I’ll buy 1 option for September, F cost 79 bucks. Avoid gluttony and do not day trade options. Long dated options experience slow theta decay and vice versa. Look, I'm not necessarily trying to make a bullish case, but when a stock is trading at ~. So it is almost always better from a financial standpoint to sell the options and buy the stock. The first one is free, you'll probably make 200-300% return. Old. Delta strategies basicly takes a stand concerning the market, meaning delta negative strategies bet that the market will be going down (shorting stock, or buying puts), delta positive startegies bet that the market will go up and delta neutral strategies aim not to take a stand at all meaning for example strangles, straddles, butterfly spreads etc EDIT: They’ve gone to a three tier options approval thing which has improved matters greatly but used to have a bad reputation for granting higher options levels. Well Apple, albeit a $2. The goal of this strategy is to profit from an expected move in the underlying security's price while limiting risk. Go to wallstreetbets r/wallstreetbets Members Online • [deleted] ADMIN MOD 🐳 🪓 Unusual Options Activity 102: Answering some questions/ deeper dive DD *Love and respect all the GME apes. In a vertical spread, the investor purchases one option with a lower strike price and sells another option with a higher strike price. 'premium' for purchase on trading 212 is pennies Your option has only extrinsic value, as in, if your option would to expiring that day it’s worth nothing. I'd say any colony has to consist of semi-permanent structures that aren't the ship they fly in on capable of some degree of self sufficiency. This is why I love Reddit. there's no comparison to me. 288 votes, 55 comments. Short expiry options are insanely regarded, you shouldn’t do them. 8K votes, 400 comments. Now if you consider your loss in principal(9k) it turns to a still very good 33% return. Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Play stocks that are well known , ALWAYS play ITM and for the love of god never ever play an option with 7 days or less. I already sold one of my NVDA options, I had 1 option for $945 expiring next Friday. r/wallstreetbets Open comment sort options. 184 votes, 67 comments. 33 price to book, operations are not expected to go well in the future, to put it lightly. That guy who does 0dte’s on SPY is a loon. Get app Shop Collectible Avatars; Get the Reddit app Scan this QR code to download the app now. But only if you follow these rules: On 1/17/23 sold to close TSLA Jan 2026 $300 calls (LEAPS) for a >50% loss. Options are just a way to gamble on stocks more. It is up 340% the last 3m, 89% the last month, 31% the last week. If the share price moves in the direction of whatever type of options you own, you'll make money. I started trading options with $5,000 in January. Basically, take an L on the short call to continue your LEAP exposure. Log In / Sign Up; I am hoping some on here that have been fortunate enough to experience owning call options for a stock that is experiencing a short squeeze can answer for me. There were more than 20 million comments and posts made on WSB The breakeven number is irrelevant because you aren't going to hold your options contracts until expiration. I was wondering if anyone has used this strategy for biotech stocks around large catalyst. naked calls or Selling Covered Calls: This involves owning the underlying stock and selling call options on that stock. Worst case scenario you're left with nothing and owe the debt you pulled. Members Online Sam Altman to return as OpenAI CEO Look to sell options only in premium rich underlyings (IV rank > 50). Trade either SPX or XSP options instead. Second place is monster pack of 12, 44. Casino games always come with a house edge usually of 5+%. This higher IV with still consistent bounces gives plenty of opportunity to buy back calls and puts and resell on the next drop or pop. deep OTM options are better than most casino games. But I'm rather suprised at how much volume is there. My first option buy was just a few weeks ago. The obligations come if you instead sell an option, so that you own a negative number of them. Internet Culture (Viral) Heavy shares are just as lucrative as options poors play Go to wallstreetbets r/wallstreetbets Stocks . Or quit while you still have some money. The text Options: Buy to close your short call. Only buy options at least $25 ITM. Worst case is the stock is peaking and you buy the short call to close and then the stock tanks. Especially if you sell options. Probably. I did lie and say that I had a few years of doing options, when this is my first year, but I knew enough about options and the risks, when I had to call them to confirm the information, when I applied for Level 1 approval. Get app Get the Reddit app Log In Log in to Reddit. Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. 4 trillion company, made $152 billion gross profit ($94. Is it a good time to consider tesla options? IV is relatively low for Tesla and earnings are schedule sometime mid April. Didn't know I said something about the official nation of wallstreetbets. 'premium' for purchase on trading 212 is pennies Greeks serve to explain the premium of the Option in its basic consitutents. Options are truly the ultimate way to achieve maximum risk/reward. But what we are interested in is to see if we can beat the market by using the stock picks made on wallstreetbets! After all, Data. Tried options for first time, i’ve lost so much of my hard earned money in stocks at 20, i’ve been getting into depression. It’s very simple, SPY is an etf so the option gains will be taxed as short term cap gains. Some smarty pants will try to tell you that options allow you to get the option to buy a stock at a certain price, but that's stupid. Posted by u/slutpriest - 77 votes and 14 comments Go to wallstreetbets Ihats1. I think IV is bound to go up and options will go up in price. Adding the USDT to COS -go into cos and on the front page press recharge -press DPay recharge (this is the only option) -copy the address that is a green hyperlink (it’s an assortment of numbers and letters can’t miss it) -go into kraken and press the bottom right button -withdraw -tether -add new address -Tron (this is the network cos runs Go to wallstreetbets r/wallstreetbets • by When you filled out the questionnaire about options you didnt lie good enough. For just a moment, only look at the call column (#2). Even a cursory examination of their finances would have revealed the schemes, eg a tech guy's wife dumping her entire 100k ira into stock of an unknown tech co. Robinhood will track the profit/loss of that option since it was added to the From options to YOLO stocks: what you need to know about the r/WallStreetBets subreddit that's driving GameStop and other stocks. Yes there are situations where that isn't always true. means that by purchasing the option, you're not betting on the expected growth of the price, you're betting on excess growth. Use SPX options, /ES, and /ES options for short-term trades (trades closed in less than 1 year). SPX and XSP are index options, so they qualify for the 60/40 rule, where (even if you’re trading 0DTEs) 60% of gains are long term cap gains (lower tax rate) and 40% are short term. End your suffering and sell if down 50% all time on an option play. Get lucky make little bit on it rather than losing it all in a day to feel alive. DO NOT sells calls or puts unless you really know what you are doing, and even then be careful. Yes. SPY has been so incredibly range bound that weekly or monthly options seem like a pure theta play. g. Now, someone else has the right, and you have the obligation. Get app Get the Shop Collectible Avatars; Get the Reddit app Scan this QR code to download the app now. Like there's so many foundational first steps we haven't even begun taking, and so many major, mission critical hurdles we don't have solutions for. I've traded options for barely over six months. 5K votes, 1K comments. reReddit: Top posts of November 2013. (Unless it interferes with #1 and #7, Swing trades allowed) Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. This guy bought his call at $8. That is $25 free dollars you get x 100 = $2500 instant value. New plan is to sell my options before earnings, or sell options into earnings and thetagang some WSB noobs. WSB employs a unique blend of social media, options trading, and an often contrarian investment philosophy to target specific stocks, ranging from struggling brick-and If you scroll through Reddit group WallStreetBets, you’ll find that several traders buy massive call option quantities, YOLO, as they say in WallStreetBets lingo. If one absolutely needs to do options (which at this point, you can make decent, steady income without having to) he could diversify his options, as opposed to throwing it all in one company to mitigate the odds of losing all 30k at once. Hardy is a frequent contributor to our daily Pre-Market Community Talks and consistently provides excellent options trade setups even in this market where it seems you're destined to lose money. 4K reviews. Their execution is better than tos too. And in this scenario you're better off with a premium selling strategy because something like 80+% of purchased options expire worthless. Since these are opinions backed with REAL money, it makes sense that these are trades that someone with some good information really believes in. During a short squeeze, once the yes those are leaps. A place to discuss Capitalism and capitalist interests on Reddit. Sell overpriced options and buy underpriced options and use your knowledge to win in the market. I can't do this anymore I have no saving nothing I'm poor and not supposed to. Not satisfied with the rate at which I was losing money, I decided to start playing options more for stocks to accelerate my poverty. Looked like they were making money pretty easily, so I started to do the same and well If you're asking why it was big this week, I can't really be sure. I still have $65 call that expires on 31 may for shopify that im down $7k on, hopefully it goes back up im selling everything and deleting robinhood 3. What has happened since then? All kinds of crazy shit. Buy option, think reversal is near. In this case, you would profit from the major IV crush on the nearer dated one minus the minor IV crush on the longer dated ones. And then he had losses of millions of dollars on like. Basically it can go down, sideways/stagnate, or up a little Go to wallstreetbets Ihats1. I'll keep this fairly high-level, and I encourage those who are inspired by this post to do more research on the subject. If you throw all of it into one and it goes sideways you either eat the loss or pray for miracle. The group's collective actions can significantly impact stock prices, particularly through short squeezes. Dud how freaking naive are you ? If someone knew how to transform 18k into 45k with option safely, they wouldn't tell you on reddit for free. It's price is also less volatile for traders, meaning you won't lose that much of your wrong, and won't win that much of you're right, but you still get some nice gains for big money. However if we’re going to say that trying to guess price movement is gambling then everything including stocks themselves are a form of gambling. Sure, one needs to be Some think it's the flexibility options provide, or the entry price, or the regulations, they are all wrong. majority of todays GME holders have over 100 Averages. Estimating option leverage is a helpful way to help understand the risk/reward of an option position. From what I gather you pay them like $7,400 for training on how to options trade and then you fork over another $5,000 for margin. Q&A. What are your thoughts on this? Today is my last day I can't do this anymore. Controversial. But right now, options are driving SMCI. It's worth looking into. Im thinking puts since things aren’t looking good considering china and new EV competition. If you checkout the best seller in amazon d seedy drinks it’s Celsius 4 pack with 106 reviews. Options Chain and Volume: The options chain is a list of all the available options contracts for a particular stock, showing their strike prices and volumes. You can adjust positions as well with these strategies if things aren't going your direction. Granted, if the average degen understood even just how normal options contracts work, they wouldn't buy them 99. A little backstory, a friend told me about options trading and they were doing very well (quadrupled their portfolio in a month). in my opinion they are not risky at all. Selling uncovered options (e. lcn gurqk mcfp nsno hgzp vtslb gyq eqonc ilqm fipx