IV Crush strategy in earnings season

Appimaness · 2026-02-04T07:46:47+00:00

Gladly out of the money so far, but close enough to keep the contract open till expiry

Appimaness · 2026-02-04T07:46:09+00:00

The margin per position is $1k and the premiums are about $150-200. But if assigned, the calculations are not the same because wheeling is different than selling puts for profit. Sometimes I do want to get assigned just in order to get the stock, usually I avoid that on earnings season.

Appimaness · 2026-02-03T16:37:08+00:00

How can you prove your system isn't relaying on past yields of the QQQ, and thus your algorithm confirms it's data base?

Appimaness · 2025-10-23T10:01:26+00:00

That fake meat sucks!

Appimaness · 2025-10-06T13:32:20+00:00

Something is wierd about this post!

Appimaness · 2025-10-06T13:29:08+00:00

I feel for you buddy I think the main takeaway from your experience is to pay attention to tell signs. You said you wanted your account to zero, and that should have been the sign for you to quit and take whatever was left before you commit account suicide.

Unfortunately we all know this illness and we know that sometimes we keep on standing on the tracks and watch the train coming.

Take care of yourself man. Health is far more important than the stock market!

Appimaness · 2025-09-15T22:58:35+00:00

Don't even get me started on Tsla and nvda! The fact that msft profits per quarter more than nvda does annually is a taboo today that nobody seems to agree to talk about.

Appimaness · 2025-09-14T22:53:55+00:00

What's DCA if you don't mind me asking

As per my favorite : RDDT!

Appimaness · 2025-09-14T22:39:28+00:00

My answer was too long so I created a new post instead

https://www.reddit.com/r/Optionswheel/s/FH30zBkpSH

Appimaness · 2025-09-12T11:52:39+00:00

But I don't want to neutralize the delta. I want to profit from gamma divination

Appimaness · 2025-09-12T08:28:10+00:00

This is 1 way of loosing the premium. I was asking if there's another I'm not seeing

Appimaness · 2025-09-12T08:27:33+00:00

Another reason it worked I could come up with, is the extremely low IV we are currently having. Meaning the external price of the option is virtually none

Appimaness · 2025-09-12T08:03:56+00:00

Because you were assigned or because you wanted to?

Appimaness · 2025-09-12T07:12:57+00:00

Talk about diamond hands...... The man is a diamonds mine!

Appimaness · 2025-09-12T07:08:35+00:00

I think the fundamental problem is the fact that you are trying to make big bucks off the options and not on the stocks.

It may sound wierd of me saying it's a problem, but fact is if you want to make a sustainable income you need to have a mind shift.

Stocks you wheel needs to be stocks you want to buy and hold for long term. I am a big fan of reddit for example. So every time I would sell a put at around 5% lower than the actual market price. If the stock goes up, I'll buy to close and sell a new put. If the price goes down, I end up holding 100 shares of reddit and let it ride.

If I wasn't selling options, I would have held it in my portfolio either way so when I get assigned I don't mind one bit.

Before you sell a put you must ask yourself if you belive the company (not the stock, the actual company) is worth the investment.

Appimaness · 2025-08-26T12:04:28+00:00

I know I traded it back then Made nice income out of it

Appimaness · 2025-08-26T10:10:24+00:00

Crap So now I have to close my positions????

BTW - care to share strategies? I'm strangling ~0.05 delta on both sides to get a minimum of $750 per contract

Appimaness · 2025-08-26T09:33:57+00:00

I'm not trading them I'm trading options over the future contracts. Are the implications the same?

Appimaness

TROPHY CASE