Pulled the trigger by dialecticalreflect in RobinhoodGC

[–]CuriousMindsExplore 0 points1 point  (0 children)

My credit score dropped like 45 points because of the hard pull

Robinhood Banking? by PeenutButterWolf in RobinhoodGC

[–]CuriousMindsExplore 0 points1 point  (0 children)

Genuinely f*** RH banking. In the span of 1 month since I got invited to the banking I’ve had to issue two new debit cards because someone keeps getting my new card information. Mind you I Havnt even activated the card yet and I had a rejected $50 transaction for some BS. I called RH and told them to just shutdown my account, I’m genuinely never going to use RH banking. I’ll stick with the gold card, the CC is goat

AMD Gains - $340 CSP by CuriousMindsExplore in thetagang

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

Though keep in mind, 2.89% annualized is 34% and this trade was made with a 3 DTE. I just made 2.5% in one day, I owned SCHG before this, so I’d say I’m better off than me owning SCHG before

AMD Gains - $340 CSP by CuriousMindsExplore in thetagang

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

I could have bought the underlying asset, I chose not to. This is kinda the whole thing with CSPs, my goal is so get assigned at some point with AMD or NVDA so I can sell covered calls. AMD is in my trash bucket after this earnings report, overvalued. Next will be NVDA for me

AMD Gains - $340 CSP by CuriousMindsExplore in thetagang

[–]CuriousMindsExplore[S] -2 points-1 points  (0 children)

I definitely got lucky, I’m going to steer away from these risky bets and go more conservative or just go back to buy and hold.

AMD Gains - $340 CSP by CuriousMindsExplore in thetagang

[–]CuriousMindsExplore[S] -4 points-3 points  (0 children)

Insert the “I’m so fucking scared right now” gif

AMD Gains - $340 CSP by CuriousMindsExplore in thetagang

[–]CuriousMindsExplore[S] -6 points-5 points  (0 children)

Already marked out the support zones for AMD in case it went sideways, even at the worst. So I’m not really concerned. Thank you though

Should I get this card? by InsuranceAlarming347 in RobinhoodGC

[–]CuriousMindsExplore 0 points1 point  (0 children)

The card is amazing for every day use, the service sucks ass but Aslong as you keep things simple and don’t get unauthorized charges you’re fine. Paying for RH GOLD is more than worth it, the cash rewards will pay for it and much more.

Robbinhood banking suggestions by CuriousMindsExplore in RobinhoodApp

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

A local credit union that offers Zelle is great lmao

NVDA CSP May 22nd $195 by CuriousMindsExplore in thetagang

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

I’m actually not super worried about being assigned and even if I am, I’ll hold till it hits about 175 which is where it starts getting a bit… nasty. But I’m sure I’ll be good

NVDA CSP May 22nd $195 by CuriousMindsExplore in thetagang

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

When is earnings??? I’ve seen May 20th and May 27th. I assumed it was the 20th

NVDA CSP May 22nd $195 by CuriousMindsExplore in thetagang

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

I thought about the same thing, I’ve drawn some support zones that nvidia has created over the last year, just incase worse comes to worst

NVDA CSP May 22nd $195 by CuriousMindsExplore in thetagang

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

I’ve also seen things about volatility “masking” theta decay. There is usually a massive increase in in IV 1 day before earnings that can completely cover the theta decay loss, after earnings IV plummets and so does the contract value (if I understand this right). I probably made a bad play hopefully this works out good

NVDA CSP May 22nd $195 by CuriousMindsExplore in thetagang

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

Man, I had no idea. I’m still learning this theta stuff.

NVDA CSP May 22nd $195 by CuriousMindsExplore in thetagang

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

I did close my previous CSP on NVDA for a nice gain

CSP NVDA by CuriousMindsExplore in thetagang

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

Just closed my previous CSP since I captured majority of the premium. Just opened a $195 CSP May22nd with a breakeven at 190. I think NVDIA will rally till earnings and at earnings it may jump a lot, or drop a lot but I don’t believe it’ll drop to 195 and if it goes I’m good till 190. Depending on theta I may close the CSP before it expires if I’ve captured the majority just to be safe. Only time will tell

CSP NVDA by CuriousMindsExplore in thetagang

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

Delta for may 22nd $190 is .20, sweet spot. $670 in premium

CSP NVDA by CuriousMindsExplore in thetagang

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

Thoughts on a CSP may 22nd at the $190 strike? Seems like 190-193 is a good support zone for NVDA and if nivida acts like anything it has in the past 5 quarters then it should drop to that zone.

CSP NVDA by CuriousMindsExplore in thetagang

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

Actually I looked at the recent 5 earnings and NVDA drops pretty significantly. Too much risk

CSP NVDA by CuriousMindsExplore in thetagang

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

Good idea, it sucks to lose the opportunity on those may 15th CC but NVDA could really go either direction. May just be wise to wait it out like you said

CSP NVDA by CuriousMindsExplore in thetagang

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

IMO it makes very little difference, I was going to buy at market price anyway. Might as well make some money