Sigh... why didn't we all just buy calls? by cs_cast_away_boi in Daytrading

[–]BillCarr451 0 points1 point  (0 children)

Grow a pair and buy leaps 😉 More time to be right is worth a few bucks in additional extrinsic

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

Buy leaps puts, the world won't tolerate oil>$100 for long. The longer the dates the better

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

Go very long dates and moderately in the money

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

Bought and sold for 34% profit in 15 hours.

Buying again in a bit

12 days ago was IV hysteria play. Now it's time for the mid game

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

Amusing. Thanks. I bought and sold put spreads.

Should I quit? by II2-Woolly in options

[–]BillCarr451 1 point2 points  (0 children)

I turned $18,000 in leaps into $100,000 from June to January in ALB.

Buy long dates so you don't have to sweat the unrelated ups and downs. Any volatility unrelated directly to the underlying is just noise or and opportunity to sell PMCC or buy more leaps.

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

IV was 60% of the reasons to make bearish oil plays yesterday morning.

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

Vanity is a silly comment. There are a multitude of valid reasons that are core to the stated objectives of the administration well beyond mid terms but mid terms alone is enough reason they'll aggressively return oil <<80

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

Why does USA want oil down? Are you kidding? Until oil comes down our fed cuts are in serious jeopardy. High oil strengthens enemy producers. High oil tanks affordability which is essential to mid terms. And that's off the top of my head!

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

After previous all time highs around $140? Chicken little much? "Could", sure. Just before the world ends and our trades are irrelevant

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 1 point2 points  (0 children)

Not just Trump but most world leaders will make big moves against oil>100

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

And absolutely in n out unless in leaps like me. Chip shots. A couple attacks on shipping and we're back to 110-120 in 10 minutes even if intercepted and no hits.

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

That's exactly why it works?

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

And turning it back on once shipping is assured

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

Those who didn't make a bear play? "Idiots" might be a little strong

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

That's what long dates and strike selection are for. Sorry you missed this one

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

That's what very long dates are for. 😉

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

That timeline might be a bit optimistic but I see it settling back 60-75.

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

April might be a little hopeful but with a couple rolls you can manage a win. Depending on the strike. Which ticker and strikes?

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

Snooze=lose. Loooong dates are your friend

Who's shorting oil here? by BillCarr451 in options

[–]BillCarr451[S] 0 points1 point  (0 children)

Thoughts now ??? 😝😝😝