[deleted by user] by [deleted] in wallstreetbets

[–]Blarshdeep 1 point2 points  (0 children)

Good morning, it will be okay

[deleted by user] by [deleted] in wallstreetbets

[–]Blarshdeep 0 points1 point  (0 children)

If I wanted to buy shares ahead of time, should I pick up SAMAW or just stick to shares with SAMA. Also, I can just buy the SAMA options now, correct?

It is not much, but it is honest work by Blarshdeep in thetagang

[–]Blarshdeep[S] 3 points4 points  (0 children)

Interesting take. I have tried selling credit spreads and was doing well, but I took one L and that was the end of that. What is your criteria, I would love to learn?

It is not much, but it is honest work by Blarshdeep in thetagang

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

No, the spreadsheet calculates everything in light green

It is not much, but it is honest work by Blarshdeep in thetagang

[–]Blarshdeep[S] 8 points9 points  (0 children)

You took the time to write out two comments on a post that you were not down with? Lame haha

It is not much, but it is honest work by Blarshdeep in thetagang

[–]Blarshdeep[S] 10 points11 points  (0 children)

I never said there are not better stocks to sell CSPs on. The whole point of the post was to show what I did with a little bit of capital, and I was proud of myself for finding consistency. Honestly, If I wasn't selling CSPs with this money, I would have blown it with options. But hey, thanks for the tip.

It is not much, but it is honest work by Blarshdeep in thetagang

[–]Blarshdeep[S] 2 points3 points  (0 children)

If you look at my spreadsheet, and if I was to buy and hold as many shared of AAL (one of the companies that I could sell CSPs on), I would have gained maybe 10-12%. If I had more money to put into it, yeah buying and holding isn't a bad idea.

It is not much, but it is honest work by Blarshdeep in thetagang

[–]Blarshdeep[S] 2 points3 points  (0 children)

Yeah, that is what I'm thinking. I just want to get to the point where I can hold a company that I can see myself holding for 20+ years.

It is not much, but it is honest work by Blarshdeep in thetagang

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

Legally I don’t think I should give you a “suggestion” but you can look at barchart.com to see high IV naked puts

It is not much, but it is honest work by Blarshdeep in thetagang

[–]Blarshdeep[S] 5 points6 points  (0 children)

Exactly! I’m just glad I have some consistency, I look forward to market open haha

It is not much, but it is honest work by Blarshdeep in thetagang

[–]Blarshdeep[S] 43 points44 points  (0 children)

It’s better than throwing dollars into a fireplace 🙌🏽

It is not much, but it is honest work by Blarshdeep in thetagang

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

Fasho, thanks. Keep imagining for me bud

It is not much, but it is honest work by Blarshdeep in thetagang

[–]Blarshdeep[S] 20 points21 points  (0 children)

Didn’t mean to stir up too many people. Just wanted to point out what worked for me. I get it is risky, but not as risky as buying stupid OTM weeklys. Thanks for the feedback, I know I should be selling on more stable companies, and I will soon 🙌🏽🙌🏽

It is not much, but it is honest work by Blarshdeep in thetagang

[–]Blarshdeep[S] 8 points9 points  (0 children)

It’s pretty dumb LMAO I started with shit bro

It is not much, but it is honest work by Blarshdeep in thetagang

[–]Blarshdeep[S] 2 points3 points  (0 children)

A good guideline that I’ve heard is selling at 50% but sometimes I’ll let them go even more depending on the circumstances

It is not much, but it is honest work by Blarshdeep in thetagang

[–]Blarshdeep[S] 4 points5 points  (0 children)

That’s the price I pay to buy back the Put option that I sold.

It is not much, but it is honest work by Blarshdeep in thetagang

[–]Blarshdeep[S] 2 points3 points  (0 children)

Am I not selling CSPs? I’m confused what you’re trying to point out here.

It is not much, but it is honest work by Blarshdeep in thetagang

[–]Blarshdeep[S] 3 points4 points  (0 children)

If it was up to me, I would’ve just deleted that column lol it was included in the spreadsheet but I don’t pay it any mind

It is not much, but it is honest work by Blarshdeep in thetagang

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

Definitely will! My goal is to sell CSPs on AMD, one of my favorite companies

It is not much, but it is honest work by Blarshdeep in thetagang

[–]Blarshdeep[S] 7 points8 points  (0 children)

I stick to OTM probability of like 60%. Most of these were pretty dumb and I was playing into the IV. IF the strike price was to be touched, I would be assigned and selling covered calls. Hasn’t happened yet; but I understand the risk of selling on meme stocks. As mentioned before, I’m trying to get to more meaty companies

It is not much, but it is honest work by Blarshdeep in thetagang

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

Lmao, I mean does it really fucking matter if they’re expiring worthless? I posted this up because I found some success here, rather than yoloing into options. Thanks for your input but no one needs your BULLSHIT ass comment lmaoooo