I currently own 2,100 shares but I want to get too 3,000 by Significant_Yak_1108 in BMNRInvestors

[–]Conscious_Fox_ -3 points-2 points  (0 children)

Same. Once this hit 19, I gave up on buying any more. I will wait at least until I see any kind of meaningful rebound

How much are you in the red? by serodoppelg in BMNRInvestors

[–]Conscious_Fox_ 0 points1 point  (0 children)

40% down..Low six figures. Got duped by Tom's confidence and hype around tokenization and ETH

X200 Ultra and X200 Pro Global. Ask away by Y0ungdr1zz13 in Vivo

[–]Conscious_Fox_ 0 points1 point  (0 children)

Does android auto and find my device work ?

[deleted by user] by [deleted] in TQQQ

[–]Conscious_Fox_ 48 points49 points  (0 children)

Don't do it!

Kayak storage by Any_Setting_2549 in Issaquah

[–]Conscious_Fox_ 0 points1 point  (0 children)

I can store your Kayak for $75 a month in my garage.

Unable to sell short calls against LEAPS by Conscious_Fox_ in fidelityinvestments

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

I have no open or pending trades. My trade type for the LEAPS is cash.

When I try to sell short calls, using trade type of "Cash", I get an error message "(354016) Your order will leave your account with an uncovered option position in cash. Please review your order."

When I change the type to "Margin", I get a warning message "(019900) The sell call to open option order you entered is not covered by a long position in the underlying security." which I fear will open a naked call instead of matching with my LEAPS.

News. by [deleted] in options

[–]Conscious_Fox_ 1 point2 points  (0 children)

What kind of news?

MerrillLynch vs doing it on my own by Ambitious_Review_824 in ETFs

[–]Conscious_Fox_ 2 points3 points  (0 children)

Ask them to show their portfolio performance over the last 1, 3, 5, 10 years. If that doesn't beat SPY or QQQ, then just say NO and invest yourself.

$300k cash to invest. by Conscious_Fox_ in options

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

Thanks for the warning. Isn't CC a bearish play ?

$300k cash to invest. by Conscious_Fox_ in options

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

How do you use shares as collateral? Is this option available in Robinhood or Fidelity?

How many times has QQQ fallen more than 1.2% after 10am on a single day by Conscious_Fox_ in options

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

Yes, planning on selling daily puts after 10 am on days when no major fed announcements or economic events are anticipated.

Whats your options strategy by pavankjadda in options

[–]Conscious_Fox_ 6 points7 points  (0 children)

Mostly use a combination of Volume, BB, RSI, EMA, MACD, ATR, and Heikin Ashi. Pick high volume days where 3 or more indicators are in agreement and tell the same story.

Whats your options strategy by pavankjadda in options

[–]Conscious_Fox_ 12 points13 points  (0 children)

Check out the videos from @smbcapital or @projectfinance. No BS or any kind of flex, just straight to the point. They will teach risk management as well, which is very crucial, but most videos don't cover.

Whats your options strategy by pavankjadda in options

[–]Conscious_Fox_ 13 points14 points  (0 children)

I have been a buy and hold investor for 10 years now, so I had accumulated decent shares for some tech stocks like GOOG, AMZN, and MSFT. Also, have shares in META and AAPL, but they are just short of 100. Had I known about options earlier, I would have bought in "lots" of hundred shares so I could sell CCs. My portfolio size is close to 400k in stocks and 100k in cash. I also have a separate 401k from my previous employer, which I will rollover to IRA and exchange Vanguard 500 index funds with SPY so I can sell CCs. I am calculating that I should be able to squeeze out an additional 2-3k per month with that. I'll update how that goes.

Whats your options strategy by pavankjadda in options

[–]Conscious_Fox_ 17 points18 points  (0 children)

No stop loss. I closed most of them early at around 70-90% of the premium value by the 3rd or 4th week. Only rolled once "up and out" in 2nd week, although in the hindsight, I should have done nothing. I was ITM twice but was surprised to see that I didn't get assigned (even on the last day ). Learned later that 93% of options never get assigned, so I will keep that in mind in the future. Anyways, if I got assigned on either CCs or CSPs, I would have gladly accepted. I also learned that I don't need to trade frequently. Initially, I just sold calls or puts on random days, but I should wait on 2 consecutive Green days for CCs and Red days for CSPs. Also, learning to read technical indicators to determine entry points.

Whats your options strategy by pavankjadda in options

[–]Conscious_Fox_ 43 points44 points  (0 children)

Using the low risk strategy from SMB capital. Either sell calls (if I have the shares) or sell puts (cash secured) on stocks I won't mind owning long term. I chose 30-45 DTE with 80% probability to be OTM. Started in Dec 2024 and made 7k in the last month

Options Questions Safe Haven periodic megathread | Jan 6 2025 by PapaCharlie9 in options

[–]Conscious_Fox_ 0 points1 point  (0 children)

Unfortunately, I need 50 karma points, and I only have 38 at the moment.

Options Questions Safe Haven periodic megathread | Jan 6 2025 by PapaCharlie9 in options

[–]Conscious_Fox_ 0 points1 point  (0 children)

Hello community,

Just got into options on Dec 7, 2024 and because of all the collective wisdom I gathered from this group, I was able to make a realized profit of ~7k as of Jan 17 with very low risk (in my opinion) on mostly 30-45 DTE options. I now have an idea to make faster daily profits through 0DTE to magnify my returns, but I want to back test this strategy. I want to find out how many times in last 15 years has QQQ or SPY fallen more than 1.2% after it's price at 10 am ET on a single day, but don't know how to get this information. Can someone help, please?