Thetagang reddit.

Why is there this large spread between bid and ask on certain rolls? I expect that the answer is math, enlighten me on the hows and whys if you can! More than likely it is the Mar 15 is a monthly expiration date with more volume, and the Mar 22 is a weekly with less volume. More volume usually results in better liquidity and tighter spreads . . .17 Dec 2023 ... CSP's are the same thing, it's "free" until you don't end up being right. Now the differnece, is that with proper risk management you can come...There’s many strategies involved in theta gang, but wrapping my head around a covered call is where it started to make sense for me. I won’t cover early exercising or non-exercising of expiring ITM contracts because it’s honestly really rare that either of these would happen. Hope this helps :) ... r/thetagang • Thanks to Reddit, Thetagang.Short answer is, it could on a very limited basis. The most popular strategy which they promote is The Wheel. The basic jist is, select a bunch of companies you intend to own and sell CSPs at the strike price where you want to own them.

Theta has been one part of my effort to achieve financial independence, which I have written about in FIRE threads. This post documents my experiences with theta over 13 years, what my key lessons have been, and how I have matured as a theta trader. Theta is a hobby. The research and trades that I make are done outside of work, which consumes ...

Real estate is often portrayed as a glamorous profession. Real estate agents, clients and colleagues have posted some hilarious stories on Reddit filled with all the juicy details ...If the 290 is assigned you’ll buy to cover and sell the long option for a profit. If assigned early at 290, then you sell the stock for 29000 (290x100). Market price is 29100 (291x100), so you lose 100 dollars BUT you have 600 dollars of intrinsic value from your 285 long call (29100 - 28500), so you will net (at least) 500.

THETA GANG. Discover. About. v 4.25.0. Login / Register. SOUN. 46.7 % TSLA. 3.9 % MARA. 21.7 % RIVN. 6.3 % CLSK. 23.9 % GOOGL. -4.4 % HOLO. 81.5 % NVDA. 0.3 % …We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌 ... This NDAX Reddit Community is a group where users can discuss features, trading, cryptocurrency and NDAX! #Bitcoin #Ethereum #XRP #Cardano #CryptoStaking Members Online. DOGE - Yahoo vs NDAX Price Chart Inconsistency - Limit buy not filled upvote · ...I have a google sheets I recently started for the wheel. Def Need column for current cost basis. Symbol, Date open, date closed, days held, type [CC or CSP], Info [ 24 Apr 20 $15 C], capital used, premium received to open, fee, premium paid to close, fee, profit, profit %, annualized [for fun], notes. Thats the basics of mine.I've only been theta gang for a little while post covid albeit with a big account so take this with a huge grain of salt but one way I try to look at things is through contract volume. I always try to see where other people think the market is going by the amt of contracts on a given strike on the call or put side, and try to follow the herd.

The "thetagang approach" is an extremely unsophisticated[1] option selling strategy even in the realm of retail trading. If I were you I would spend some effort on actually learning about options, options strategies, and how to implement options selling strategies.

4 Feb 2024 ... You sell options when implied volatility is higher than will be realized. Of course nobody knows how much vol will be realized, so you have to ...

Gravity-Rides • 2 yr. ago. I don't know all the ins and outs of the brokers but I can tell you 1) Close all your spreads before expiration. 2) Close your positions if your short strike is breeched before expiration to avoid early assignment. 3) Make sure the contracts you are trading have decent volume and open interest.The other 1k $ I will use to buy US short term Treasuries (T-bills). IBKR only requires 1% margin for Treasuries with a maturity of less than 6 months -> this would imply a 100:1 leverage. quick calculation: the US-T GOVT Bill Oct04'22 has a ask yield of 2.248 %. 1000 $ with 100:1 leverage would mean 100.000 $ * 0,02248 = 2248 $ return (minus 5 ... TOS is better in every other way. TW is actually $1.29 for options on most underlyings (more on SPX and others with higher fees), when you consider the fees. Normally $0.15 at open and $0.14 at close. The 15 and 14 aren't commissions, those are collected by options clearing house and the exchange. ... Reddit · Advertise · Help · Blog · Careers ... thetagang icon. Go to thetagang · r/thetagang 1 mo. ago. satireplusplus. ADMIN MOD. Join. Opti...6 Sept 2022 ... Technically with theta strategies you are looking at similar gains vs. ETFs, it's just that theta strategies let you have more consistent income ...

To answer your question: depends on how risky you want to be, but more importantly how much capital you have. $1M would probably be enough to live off of for a long time selling options, assuming you're not being overly risky. You won't be living large, but definitely doable. Close to half way there myself!The 51 DTE SPY 21-delta put is $340P. 11/18 exp. Last price $5.38. If you hold the 12 DTE position to expiration, you collect $2.29 or $0.19/day. If you hold the 51 DTE position for 11 days and close at 50%, you collect $2.69 or $0.24/day. This example is a little weird, because of where we are in the monthly cycles - the expirations go from 37 ...Learn how to use theta gang strategies to collect premium from options trading. Theta gang is a concept that capitalizes on the fact that the prices of options … Iron Butterflies (Jim Olson) Hey guys, recently I read about a 0DTE SPX Short Iron Butterfly strategy developed by someone named Jim Olson. I saw quite a few people referring to him on Reddit posts after some googling but can't seem to find the original person's work/theory. IV can be low sometimes so you need many (preferably across many sectors). No more than 10-20 contracts at a time. No more than 5% of total account value at a time and more more than 40-50% buying power usage in total at a time. Although I do break these last two rules a lot. fenriswulfwsb • 2 mo. ago.– Listen to r/thetagang: Covered calls after stock has gone down ~20%? by THETA GANG instantly on your tablet, phone or browser - no downloads needed. Top PodcastsHere are some helpful Reddit communities and threads that can help you stay up-to-date with everything WordPress. Trusted by business builders worldwide, the HubSpot Blogs are your...

Adjust the legs to fit your personal risk vs reward, e.g., move the long legs in to 5 point spreads vs 10. If you are ready, select all legs and place as a single LIMIT order= Iron Condor. It will fill after a few minutes, as the LIMIT order seeks the combination of costs to fill it. Notice the combined Theta on the fill.

Definitely this. I went to the school in the Brianerd area and lived 10 blocks south of that initially in another “boundary” me being a giddy two shoes child I wasn’t about any of it but was definitely aware of it all just not in the sense of hanging worth he wrong crowd.198K subscribers in the thetagang community. We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌1 Mar 2024 ... ... reddit.com/r/thetagang/comments/1b2vy9i/comment/ksphuwt/. Captured the $175P at $3.50 for $900 (+72%). The $210C is in bad shape though. Will ... Reddit's Goth Community, for goth music and subculture! Please check out our Wiki which features the rules and FAQ, and our sidebar which features many resources on goth music, (including recommendations and playlists) fashion, history, and scene. Short answer is, it could on a very limited basis. The most popular strategy which they promote is The Wheel. The basic jist is, select a bunch of companies you intend to own and sell CSPs at the strike price where you want to own them.If you need help with that I created an Options for Beginners guide that really breaks down the basics of options contracts without getting too overly technical. Here are the 4 popular theta gang strategies I’ll cover [Click to Skip Ahead]: Put Credit Spread. Call Credit Spread. Naked Puts / “The Wheel”.r/thetagang • I am a longtime employee of one of the big firms that executes retail order flow from the likes of you guys. I'll answer the top five upvoted questions after work today.– Listen to r/thetagang: Covered calls after stock has gone down ~20%? by THETA GANG instantly on your tablet, phone or browser - no downloads needed. Top Podcasts SPX 0DTE theta gang. I’ve been practicing this for 4 months now, grinding through different market conditions, slowly scaling up, and I reached a point where I can consistently make ~$1k/day (on roughly $30k BO), selling PCS, CCS, condors, flies, etc. I’ve been on a winning streak for over two weeks now, but I’m staying humble and careful. Will like to spend under $500 for the 100 shares. Sundial is $1.35 now so 100 shares will cost $135. $2.5 Calls an expiration of the 26th will give me a premium of $18. (Take 8 times to make my money back) Same call expiring on the 1st will give me a premium of $23 dollars per contract. (Six times to make my money back)

It's another CC fund that holds S&P500 basket, but adds CC using a swap contract with goldman sachs as it's counterparty for the returns (pay/collect) of the S&P500 daily covered call - call only index. It's just a fund that's made using this new S&P500 daily CC index. Interestingly, they show what CC strike the index would have sold yesterday ...

Iron Butterflies (Jim Olson) Hey guys, recently I read about a 0DTE SPX Short Iron Butterfly strategy developed by someone named Jim Olson. I saw quite a few people referring to him on Reddit posts after some googling but can't seem to …

9 Jan 2024 ... r/thetagang Current search is within r/thetagang. Remove r/thetagang filter and expand search to all of Reddit. TRENDING TODAY. Search for ...I'm bull gang atm and haven't been making much progress. I can see the light that theta gang is the way. Small consistent gains. 2-4% a week for a…The "thetagang approach" is an extremely unsophisticated[1] option selling strategy even in the realm of retail trading. If I were you I would spend some effort on actually learning about options, options strategies, and how to implement options selling strategies.If the 290 is assigned you’ll buy to cover and sell the long option for a profit. If assigned early at 290, then you sell the stock for 29000 (290x100). Market price is 29100 (291x100), so you lose 100 dollars BUT you have 600 dollars of intrinsic value from your 285 long call (29100 - 28500), so you will net (at least) 500. Why is there this large spread between bid and ask on certain rolls? I expect that the answer is math, enlighten me on the hows and whys if you can! More than likely it is the Mar 15 is a monthly expiration date with more volume, and the Mar 22 is a weekly with less volume. More volume usually results in better liquidity and tighter spreads . . . The u/Theta-gang community on Reddit. Reddit gives you the best of the internet in one place. jump to content. my subreddits. edit subscriptions. popular-all-random-users | AskReddit ... Theta-gang 74 post karma 1,730 comment karma send a private message redditor for 2 years. TROPHY CASE. Two-Year Club. Verified Email. remember me reset … For stock options in a cash account: 1) Full payment must be made for all call and put purchases. 2) Covered call writing is allowed, but the underlying stock must be available and is then restricted. 3) Naked put writing is also allowed, but the funds must be available and then are restricted. You must have stock cash trading permissions in ... 6. No crypto. 7. Memes can be deleted if they are not funny. Sidebar. We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌. Please be civil in your discussions, no WSB language or swearing allowed (automod watches your language on this sub). No spamming of discord links, patreon links, referral codes or paid ... Here are some helpful Reddit communities and threads that can help you stay up-to-date with everything WordPress. Trusted by business builders worldwide, the HubSpot Blogs are your...4 Feb 2024 ... You sell options when implied volatility is higher than will be realized. Of course nobody knows how much vol will be realized, so you have to ...15 Mar 2023 ... 1-2% per week is realistic in small accounts like 10K-20K but as account size goes up and crosses 6-7 figures then your risk appetite reduces ...13 Jul 2023 ... You'll feel this kind of situation no matter what kind of trading you do because of the randomness of the market. There's always a big move ...

Track your cost basis. Tracking your cost basis is easy now with the THETA GANG Tracker. Built by option trader Joonie, for option traders. Free-to-use and ad-free because of supporters on Patreon. Write in to [email protected] if you'd like a chance to show up here! A stock and options trading community logging their trades to share ideas ... We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌. Please be civil in your discussions, no WSB language or swearing allowed (automod watches your …The "thetagang approach" is an extremely unsophisticated[1] option selling strategy even in the realm of retail trading. If I were you I would spend some effort on actually learning about options, options strategies, and how to implement options selling strategies.Instagram:https://instagram. santa rosa weather noaawww.stargazette.compick a part stafford photosmarch monthly forecast Why is there this large spread between bid and ask on certain rolls? I expect that the answer is math, enlighten me on the hows and whys if you can! More than likely it is the Mar 15 is a monthly expiration date with more volume, and the Mar 22 is a weekly with less volume. More volume usually results in better liquidity and tighter spreads . . . If you use that premium to reinvest and sell options even more, yes, it’s a viable growth strategy. The problem is once people start to feel like they are winning consistently (like example, sell 10 delta and collect 0.05% on low IV stock), they want to risk it more (sell 25 delta to get 0.25% on stock that has a bit elevated IV), that’s ... msz gl12na user manualrammb cira SoMuchRanch. $200k -> $3M+ in 4 Years. Thanks, Thetagang . 4YR Performance. Thetagang Proverbs We Have All Forgotten: The Wheel is for preserving wealth NOT building it (buy/hold outperforms) Use it as a tactic to learn the mechanics then either get comfortable with margin or realize you are like 99% of humans who are better off with … sports on tv saturday jan 27 10k to 100k in 5 months. 23k in deposits and 67k in steady profit from theta. After getting cleaned out from buying options I read a lot of the advice in here and learned how to effectively switch sides and sell options. First and foremost I recognize gains of this magnitude are attributable to the high IV environment we're currently in, and ... They recommend it based on experience and back testing. I personally find 50% to be too soon but that's just my experience. protoformx • 3 yr. ago. Minimizes tail risk. As DTE decreases, theta magnitude increases and you are also way more sensitive to whipsawing due to gamma exposure. 1PercentMax • 3 yr. ago.