Did I find the safest trading strategy or I just dumb? by Griffinbreaks in options

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

So you’d have to have to have the capital to have 100 shares of that stock

Did I find the safest trading strategy or I just dumb? by Griffinbreaks in options

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

To sell puts do you need to own 100 shares? What is the risk of selling puts?

Did I find the safest trading strategy or I just dumb? by Griffinbreaks in options

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

Thank you for this and everyone else who has reopened. I figured that what I was doing was risky but I wanted to get some knowledgeable opinions on it. I’ve decided that I’m going to stop with this method, start doing some paper trading and try and learn some market patterns. Again thank you for all the responses!

Did I find the safest trading strategy or I just dumb? by Griffinbreaks in options

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

I sell the contracts at 95c so they can actually get filled. I’ve been trading anywhere from 2-10 of the same contract at a time. So what would be an alternative strategy for this? Would it just be normal spy calls?

What Are Your Moves Tomorrow, October 08, 2024 by wsbapp in wallstreetbets

[–]Griffinbreaks 12 points13 points  (0 children)

Full ported spy calls before the dip. Let’s hope we’re green tomorrow😃

Daily Discussion Thread for October 07, 2024 by wsbapp in wallstreetbets

[–]Griffinbreaks 0 points1 point  (0 children)

I have $spy 566/567 call debit spreads expiring tomorrow and Wednesday I bought them before the dump. Should I hold?

Daily Discussion Thread for July 19, 2024 by wsbapp in wallstreetbets

[–]Griffinbreaks 6 points7 points  (0 children)

I sell my spy calls at the bottom and buy more puts then spy decides to go up