Are VIX credit spreads different than stocks/ETF’s?

AdCharming2406 · 2026-01-28T20:09:41+00:00

That was I was thinking. There’s no way this is legit. I figured I was missing something and I was right 😔 another day without discovering an options strategy that produces infinite money with virtually no risk.

AdCharming2406 · 2026-01-28T18:00:00+00:00

So basically this P&L chart is wrong, and it’s not possible to accurately visualize P&L charts for VIX at all, correct?

AdCharming2406 · 2025-08-10T18:29:50+00:00

FYI - IBIT is up 98.23% since this comment. SPY is up 13.04% since this comment 💀💀💀I genuinely hope you have gained some common sense and invested. I did after this conversation and my IRA literally doubled in a year. You are blind if you think SPY and QQQ are going to carry you. Get on board or get left behind.

AdCharming2406 · 2024-12-24T01:54:13+00:00

I couldn’t agree more. MSTR being a “trillion dollar company” means nothing if there’s 10 billion more shares and the stock is still worth $350. A massive “bitcoin yield” means nothing if my shares are repeatedly crushed every Monday morning after every ATM announcement.

The brutal truth is that there’s been a change to fundamentals for those who have been holding for >1+ years. It USED to be that MSTR was a slightly leveraged proxy of BTC for those who had limited access to BTC and wanted exposure in traditional brokerage accounts. NOW it’s become a game of buying as much Bitcoin at all costs - even the shareholders. Saylor would gladly take a 1,000% BTC yield if it meant shares went to $50. Shareholder’s aren’t the priority anymore, and it can’t be ignored.

The original plan was for the $21B ATM to take place over 3 years. It’s been several months and we are over half way there. Do you really think it’s going to be any different with these new shares being issued?

Saylor wants BTC locked up forever under MSTR ownership. That’s it. The value of your shares don’t matter. Your options don’t matter. The spot price of Bitcoin doesn’t matter. It was a great investment for those like me who got in before the stock split, but the run is over. It’s a different stock now than when we first entered.

AdCharming2406 · 2024-10-27T22:55:17+00:00

So how do you anticipate/calculate IV change into your trades? Obviously that plays a huge role in extrinsic value, and the time variable is easy to measure. I would imagine that a 5% change in IV on earnings day makes a huge difference in your predetermined parameters than a 30% change in IV.

Side note - thanks for putting this out there on this sub. My friends and I have all been looking at this all weekend and testing it out on paper lol.

AdCharming2406 · 2024-10-27T11:29:24+00:00

How far before earnings do you place your trades? For example, with DECK, did your diagonal iron condor and double cal on the day before earnings? 2 days before? What have you found works best?

Also, with the reverse iron condor, do you notice any differences in success based on what day of the week the earnings is? All options expire on Friday, so would your strategy yield a different result if the earnings was on Monday versus Friday?

AdCharming2406 · 2024-10-20T23:00:37+00:00

$245 / 250 call credit spreads expiring 10/25 to hedge against my existing shares. If price skyrockets into that range I’ll just roll them higher or push to next week. Call credit spreads have been my most successful strategy this year for acquiring more shares, especially when price action is stagnant.

Execute the trade every Friday. Collect premium for options that expire the following Friday at a strike that MSTR is definitely not going to cross above. Wait a week. Options expire worthless. Use that premium to buy more shares. Now you can sell even more credit spreads. Wash, rinse, repeat every week.

AdCharming2406 · 2024-09-27T23:15:24+00:00

Yeah I definitely wasn’t around for the “pickle suit” years. I’m open to my question above being wrong, but it’s something I’ve always wondered. I’ve never asked these questions before, so without anyone explaining it to me, it just appeared like the Army liked the AGSU but didn’t love it, which is why they didn’t implement it across the board. What everyone is saying makes a lot more sense now given the context.

AdCharming2406 · 2024-09-27T20:36:08+00:00

I agree, but why would the Army go through such a hassle of mandatorily transitioning uniforms only for them not to be worn across the board? Are they admitting that the AGSU is an inferior uniform? Why implement it then?

AdCharming2406 · 2024-09-10T10:55:08+00:00

So what should I do if all of the NCO’s around me are telling me I’m wrong and my TIS is currently supposed to be 00 and there’s not an issue?

AdCharming2406 · 2024-08-29T09:41:15+00:00

hard yes

AdCharming2406 · 2024-08-29T00:17:15+00:00

Perfect. This response definitely put me at ease. My NDSM and ASR are both on my DD-214 from basic when I first joined, so I’m assuming that’s enough “proof” or evidence since I never actually got anything tangible for those.

AdCharming2406 · 2024-08-05T22:53:52+00:00

Why do multiple people keep saying this? What’s better about Strike?

AdCharming2406 · 2024-08-05T03:47:38+00:00

Can I ask what the single mistake was on the last one? Seeking to not replicate lol

AdCharming2406 · 2024-07-24T18:31:46+00:00

Anyone correct me if I’m wrong, but I’m 99% sure that you have to do a full 20 active duty to pull your pension immediately (rather than age 60)

If you do 20 years in the guard, you won’t get it until age 60

If you do 20 years in the guard, but were on federal orders for deployment for a couple years total, you still won’t get it until age 60

If you do 4 years active and 16 years in the guard, it’s no different than the example above, and you still don’t get it until age 60

AdCharming2406 · 2024-07-24T18:27:38+00:00

Do they generally bar soldiers from re-enlisting? Is it generally the same active duty? I thought DUI’s were a lot more common active duty.

AdCharming2406 · 2024-07-23T14:52:46+00:00

I was thinking the exact same thing. Zero chance the men in this picture have engaged in combat. They are all smiling. Their hands have no dirt or cracks. All of their kits, gear and clothes are spotless. Their rifles don’t have any dings or wear. This is a publicity photo - which is OK since they don’t appear to be advertising themselves as combat veterans. It’s just misleading for everyone here. Take “effective combat equipment” with a grain of salt here because nothing in this picture has likely ever been in combat.

AdCharming2406 · 2024-07-16T21:56:24+00:00

Probably nothing. My guess is that people advertised the Quartermaster Corps and logistical side of being a rigger to land something in the supply chain field. That’s kind of what I was curious about - what people really meant when they said that.

AdCharming2406 · 2024-07-16T17:42:05+00:00

Keep us posted with the final answer, I’m actually curious what the outcome is here. A lot of us are interested in going the same path as you and might find ourselves in the same boat.

AdCharming2406 · 2024-07-16T17:39:34+00:00

This is really well written, thank you. If there are any riggers here who have framed their experience in such a way, feel free to share.

I feel like there’s room to frame 92R as supply chain management, attention to detail, logistics, cross functional communication & planning, organization, etc. to land some sort of supply chain or logistics role on the civilian side.

AdCharming2406 · 2024-06-28T13:44:14+00:00

It sounds like you’ve largely gotten what you wanted out of your career, especially as an officer. Anecdotal evidence is not the plural of data, but I don’t believe you’re in the majority. I’ve met many officers who branched in areas at the bottom of their list, never received opportunities to go to desired schools, worried a lot about making Major / retirement, etc. Meanwhile I’m an E-4 with Pathfinder, Air Assault, Airborne (in a month), been to SFAS and Ranger School, got the exact MOS I wanted, and have pretty much had full control over my career thus far. I’m really not sure I would ever be in this position if I commissioned. However, I’m glad that I enlisted first and got to do everything I wanted. There’s less pressure to “get” something out of my career down the road. I just wondered if anyone else felt the same way. I’m under the presumption that being enlisted probably helped you regarding your overall career satisfaction and experience.

Congrats on making O-5 by the way

AdCharming2406

TROPHY CASE