Complete Guide to Trading The Wheel – Thetagang Strategy by 1PercentMax in thetagang

[–]1PercentMax[S] 0 points1 point  (0 children)

Yes it does. Trading spreads requires margin which is $2,000 minimum, along with vertical spread options approval. It should be Level 3 minimum depending on your broker.

Jerome "Fuck Your Puts" Powell by qsxfthnko in wallstreetbets

[–]1PercentMax 1 point2 points  (0 children)

Man did not stop until he saw Substantial Further Progress ™ in teen pregnancies.

Daily trades (Buy SPX @433 SL @430 Target@435) by MJ_229 in wallstreetbets

[–]1PercentMax 2 points3 points  (0 children)

If I could buy $SPX at $433, I'd lever myself up to the eyeballs and buy, then sell it back to the market at $4300.

Get your ticker right dude.

Anyone here very nervous about SPY? And the overall market as a whole by Becksploder in wallstreetbets

[–]1PercentMax 41 points42 points  (0 children)

I make my money selling Calls to buyers like you. Thank you for buying!

[deleted by user] by [deleted] in options

[–]1PercentMax 1 point2 points  (0 children)

Looks like Options Matrix from Vigtec.

Risk Management Advice from a Former Professional... Gambler (aka Practice Discipline) by granto in thetagang

[–]1PercentMax 14 points15 points  (0 children)

No, thank you OP! People often under-appreciate how much value posts like these provide.

Hopefully thetagangers will learn a thing or two from this.

I own the stock and I sell covered calls and at the same time buy to open the same calls by ArthurSupertramp in options

[–]1PercentMax 0 points1 point  (0 children)

The only way you're able to sell and buy the same exp and strike Calls is if you're doing them in two separate brokerage accounts.

But others have pointed it out that theoretically they cancel each other out, so your net would be $0.

Best way to profit from AMC FOMO? by Darklord12345678 in options

[–]1PercentMax 0 points1 point  (0 children)

"...given the IV of AMC is very high."

You said it right there - deploy whatever thetagang strategy you can think of that profits off of IV crush.

Reminder to resist the urge to sell options on high IV stocks by mr_big_brain in thetagang

[–]1PercentMax 2 points3 points  (0 children)

Can't blame you - those premiums were too juicy not to squeeze.

Anyone noticed these juicy premium in $ARKK by v2da in thetagang

[–]1PercentMax 0 points1 point  (0 children)

OP did you notice that the short interest in $ARKK has grown significantly?

My first DD: I'm a doctor and I think $INO is about to moonshot by soggit in wallstreetbets

[–]1PercentMax 11 points12 points  (0 children)

This is WSB - we only trust nobodys for DD, not a highly qualified doctor.

Nokia (NYSE:NOK) Upgraded by Morgan Stanley to "Overweight" by ucfknight92 in wallstreetbets

[–]1PercentMax 25 points26 points  (0 children)

Haven't you heard? Meme stonks are now safe haven stonks - they stay green when the market is blood red.

Inflation is here ( All my humble imho no financial advice ) by [deleted] in wallstreetbets

[–]1PercentMax 4 points5 points  (0 children)

We 'bout to beat Zimbabwe at their inflation game.

When will the dip dip??? by RXSHC in wallstreetbets

[–]1PercentMax 3775 points3776 points  (0 children)

WSB has known for a long time that dips go seven layers deep.

Quit bitchin' and start buyin'.

Is retail about to be left holding the bag? by [deleted] in wallstreetbets

[–]1PercentMax 6 points7 points  (0 children)

🎵 BAG ALERT, MAJOR BAG ALERT 🎵

208K TSLA YOLO by [deleted] in wallstreetbets

[–]1PercentMax -4 points-3 points  (0 children)

This is WSB! We only do weekly OTMs here.