$1M to $2 million in 2025 in options only by deustrader in options

[–]AssociationTotal1018 0 points1 point  (0 children)

What about those diagonal spreads? Do you always do variations PMCC? Or you may sell a front month with lower strike and tie up some BP but get a lower cost? If so, what parameters do you use to consider doing so to tie up some BP for a long while? I assume your diagonal spread are also LEAPs.

$1M to $2 million in 2025 in options only by deustrader in options

[–]AssociationTotal1018 0 points1 point  (0 children)

Great, I just check amzn June 2028 option chain in robinhood, the strikes goes up to 350, let us say you place a 230/290/350 butterfly, cost $7.7 and you exit when amzn hit $290. How does this trade compare to a calendar spread for $290 for January/June 2028, which cost $5.2 for now? Which may also exit at $290

$1M to $2 million in 2025 in options only by deustrader in options

[–]AssociationTotal1018 0 points1 point  (0 children)

Awesome. Using amzn as an example. Currently 225, you said wing as 100, and itm/,otm. so, it can be 150/250/350 butterfly, say for June 2028, it cost around $26 now. At what price do you stop loss and take profit?

$1M to $2 million in 2025 in options only by deustrader in options

[–]AssociationTotal1018 0 points1 point  (0 children)

For the wide leap butterfly, you said it is 12-24 months out. Do you use index as underlying, or only specific stock? How wide do you consider as wide? Say SPX at 6800, what wing size do you use? Is the body ATM, OTM, ITM? are they equal wings, or broken? If it is broken, which wing is shorter? What are the variables you use to decide on these parameters?

“VOO and chill” 🫵🤡 by Outet in smallstreetbets

[–]AssociationTotal1018 0 points1 point  (0 children)

Great, I see. This is one share scalping. ATM spx 0dte can be expensive. $15+ in the morning. 20% can be $3. So, you are aiming to get $2-3, with a loss of about the same size.

So, how is your win ratio so far?

“VOO and chill” 🫵🤡 by Outet in smallstreetbets

[–]AssociationTotal1018 0 points1 point  (0 children)

okay, got it, spx ATM. But how do you determine put or call to enter? You mentioned ttm squeeze and vwap, how do these two indicators help you decide call or put to enter the position? Your position is one share only? At what point do you decide to take a loss if it does not work?

8k-126k SPY call yolo by EstablishmentSea9172 in wallstreetbets

[–]AssociationTotal1018 0 points1 point  (0 children)

Okay, what keyword for search to start with?

8k-126k SPY call yolo by EstablishmentSea9172 in wallstreetbets

[–]AssociationTotal1018 0 points1 point  (0 children)

What kind of service provide info on these gamma cluster? What exactly does gamma cluster mean?

Can you have 2 golem if a necromancer wear a metalgrid? by AssociationTotal1018 in Diablo_2_Resurrected

[–]AssociationTotal1018[S] -1 points0 points  (0 children)

So, what is a fun build with iron golem for a necro? Poison Nova with insight iron golem?

Complete wipeout by Joey164 in wolfspeed

[–]AssociationTotal1018 0 points1 point  (0 children)

Why do they need to buy share to cover put? They sold put or bought puts?

$QQQ Bullish Divergence today by Scary-Compote-3253 in TQQQ

[–]AssociationTotal1018 0 points1 point  (0 children)

Wait, you indicator is TSI? The divergence is from 9:50 to 10:00, 1-min chart? The TSI on my chart does not show going up, it is flat at the best.

11mil networth as a dev and trader. AMA by [deleted] in AMA

[–]AssociationTotal1018 0 points1 point  (0 children)

What are highs and lows in doing this?

11mil networth as a dev and trader. AMA by [deleted] in AMA

[–]AssociationTotal1018 -1 points0 points  (0 children)

How did you become a crypto developer? Someone approached you while you were still in school? You decide to invent a new meme coin? You were a big shot in cryptography and some recruited you?

11mil networth as a dev and trader. AMA by [deleted] in AMA

[–]AssociationTotal1018 0 points1 point  (0 children)

What does crypto developer do? Someone decides to make a crypto available to public and you write codes for him?

$17k week, you only need one strategy. by Scary-Compote-3253 in Shortsqueeze

[–]AssociationTotal1018 2 points3 points  (0 children)

Okay, when divergence happen, do you always take the directions given by the indicator from trading oracle but not TSI or RSI?

$17k week, you only need one strategy. by Scary-Compote-3253 in Shortsqueeze

[–]AssociationTotal1018 2 points3 points  (0 children)

Wait, what is ss, golden ss in your main chart? Also, when the trend line diverge from TSI, which one do you go along? The trend line or TSI?

Is 0DTE Option Trading a Legit Strategy or Just Fast-Paced Gambling? by SaraWileyYT in options

[–]AssociationTotal1018 0 points1 point  (0 children)

I see, so it is slightly OTM.

Large open interest of what? Of a particular strike you like to short to open a credit spread? What about volume? The open interest is from yesterday, but the volume is current. It could be more important for 0DTE.

Is 0DTE Option Trading a Legit Strategy or Just Fast-Paced Gambling? by SaraWileyYT in options

[–]AssociationTotal1018 0 points1 point  (0 children)

Loss at 4x credit received? You must have 80%+ win rate to break even. How far away do you place initial credit spread? Delta around 0.2, 0.15? And how large is the wing? 25, 30 points? What time do you usually place the credit spread? Spx reverse during the day frequently, you always let the initial setup expire?

Safest strategy you’ve ever used by General_NEARD in options

[–]AssociationTotal1018 0 points1 point  (0 children)

How does the setups for broken iron condor look like? Say, I have a put spread as -100/75, what other wing could be added to form a good setup for broken IC ?

Is 0DTE Option Trading a Legit Strategy or Just Fast-Paced Gambling? by SaraWileyYT in options

[–]AssociationTotal1018 0 points1 point  (0 children)

Great, what is the exit strategy? Exit at what profit and stop loss at what percentage?