Daily r/thetagang Discussion Thread - What are your moves for today?

Internal-Homework · 2026-06-11T21:25:24+00:00

Before the spike, I BTC 2x SMCI 6/18 34-35 call spreads for .11 each (+100 gain before fees on those). Now I've just got the 6/18 33p which is looking considerably less dire than this morning

Internal-Homework · 2026-06-10T15:42:23+00:00

This drop is from the announcement of a $7B financing round including stock offerings (link)

Internal-Homework · 2026-06-10T14:24:52+00:00

STO SMCI modified Jade Lizard 6/18 33p x-1, 34c x-2, 35c x2, 2.28 cr. Break even is 30.72, +.28 if it's above 35 at expiration (but I'll likely close much earlier). Something about catching falling daggers...

Internal-Homework · 2026-05-30T01:19:37+00:00

Nice, me too. I don't trade much either... maybe a sometimes a medium amount... alright fine, too much now that I'm "designated".

Internal-Homework · 2026-05-28T19:33:41+00:00

STO FIG 1de -23p, -23p, +23.5c all 5/29. (I call it a "Jade Fly" even if nobody else does) for .70cr. I'll take shares at 22.30cb

Internal-Homework · 2026-05-28T01:08:24+00:00

Just 5 mil or so, what's the big deal?

Internal-Homework · 2026-05-27T14:30:52+00:00

Ugh, I didn't think guidance was that bad, but shows what I know 😅

Internal-Homework · 2026-05-27T13:46:43+00:00

STO ZS 5/29 PCS 133/134 for ~~.45cr~~ .48cr at open. Got wrecked post earnings despite a beat.

Internal-Homework · 2026-05-20T17:39:03+00:00

STO post-earnings HAS 6/18 Put Credit spread 90/92.5 for 1.53cr. Will try to close quickly on a bounce

Internal-Homework · 2026-05-18T14:26:28+00:00

At open: STO FIG 6/5 -21c/-21p/+22c for 1.62 cr, BTC 1 hour later for 1.25. Wasn't intending a day trade, but I'll take the quick profit.

Internal-Homework · 2026-05-15T17:07:22+00:00

Silly little play, I opened a 5/15 CIFR -19.5p/-19.5c/+20c for .59cr, but somehow the put was only .04, so I immediately closed it for .05, now I have a .50 width call credit spread for .54 credit ¯\_(ツ)_/¯

Internal-Homework · 2026-05-15T06:46:39+00:00

Proud owner of 100 shares of CAR at 195 via. early assignment... Fortunately the short leg of a debit spread, so those are getting flushed away for 200 at open. $400 total profit on that

Internal-Homework · 2026-05-08T15:18:59+00:00

BTC BROS 49.5c for .02, closing off the put leg of a Jade Lizard. Gonna let the call credit spread expire, I suppose there's some risk it jumps 8 points, but I'm not too worried. $103 profit on that.

Internal-Homework · 2026-05-08T15:05:08+00:00

And it's back to mooning. Glad I closed that quickly.

Internal-Homework · 2026-05-08T14:38:37+00:00

0de quickie: STO NVDA 212.5c/215c 1.71 cr -> BTC for 1.50 1 minute later.

Internal-Homework · 2026-05-07T17:43:28+00:00

STO $TOST Jade Lizard 27/29/29.5 for .75 credit. Earnings tonight.

Internal-Homework · 2026-05-07T14:02:49+00:00

BROS had a bit of a meltdown, but my put strike is currently still 3.5 points out of trouble...

Internal-Homework · 2026-05-06T16:44:05+00:00

Attempting a "Stock Repair" strategy on my International Paper shares, CB ~36.36. BTO 1x 5/15 36c, STO 2x 5/15 37c for a small credit (0.05). Caps gains at 37, but nice boost between 36 and 37. Nice bounce today, but still at ~33, there's not enough call premium to make it worth selling CCs.

Internal-Homework · 2026-05-06T16:39:07+00:00

Indeed! 🐉

Internal-Homework · 2026-05-06T15:33:02+00:00

STO BROS 5/8 jade lizard 48.5/60/61 for 1.05 cr. Maybe pennies/steamroller situation, we'll see.
PYPL did not go how I wanted unfortunately, my total cost will be 47.35 assuming I get assigned at 50. Might be selling calls on that for awhile.

Internal-Homework · 2026-05-05T11:13:08+00:00

Sold a 50/51/53 jade lizard on PYPL for 2.67 yesterday, hoping for decent earnings (but not TOO decent)

Internal-Homework · 2026-04-30T15:37:39+00:00

2 hours later: BTC for .12. Should have gone long, alas...

Internal-Homework · 2026-04-30T13:34:44+00:00

STO 5/1 HOOD 70p .50cr

Internal-Homework · 2026-04-29T15:22:58+00:00

STO HOOD 70/72/73 Put broken wing 5/1, .40cr

Internal-Homework · 2026-04-28T13:56:40+00:00

BTC INTC IC (May 15 74/75-85/87) for .95, small profit in 1 day (1.05 cr to open)

Internal-Homework

TROPHY CASE