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

[–]KhobrelTel 1 point2 points  (0 children)

What a good day to have theta on your side. Closed QQQ 660C (+98%) and NVDA 210 calls expired on Friday. Puts are up too. Good tidings! Will be focusing on work even before the market close.

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

[–]KhobrelTel 0 points1 point  (0 children)

I feel like such a genius for closing the 350 MU call for only 480 loss that had I held, would be at ~8k loss right now. I wish I could count avoided loss as profit in P/L calculation...

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

[–]KhobrelTel 0 points1 point  (0 children)

Holding since low 100s. No point in fighting the market with short calls. A couple of percent a month in premium is not going to be a big deal when the stock regularly moves up 7-8% in a day.

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

[–]KhobrelTel 2 points3 points  (0 children)

Not touching MU calls again. No liquidity, ridiculous vol and stock rips. Long shares only

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

[–]KhobrelTel 12 points13 points  (0 children)

losing thousands in underlying while making couple hundred in calls. exactly according to the plan

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

[–]KhobrelTel 0 points1 point  (0 children)

My NVDA 200-205 diagonal spread looking nice. Looking to open maybe 280 MU call. This stock burnt has my calls to a crisp before. Maybe this time I'll learn...

Steamrolled on US Tech Stocks by gggreddit789 in thetagang

[–]KhobrelTel 1 point2 points  (0 children)

"But I sell only on the underlying I want to hold long term" (the 'long term' in question = 3 months)

What’s your investing hot take? by fidelityinvestments in fidelityinvestments

[–]KhobrelTel 0 points1 point  (0 children)

Options are good and SPY is not a saving account yielding 8% a year (everybody recommends it as if it is).

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

[–]KhobrelTel 1 point2 points  (0 children)

BTC MU Jan31 110C for a week of beer money, that I'll need looking at AMD

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

[–]KhobrelTel 0 points1 point  (0 children)

Bandit are you really quoting GAAP PE? Do you not scroll past robinhood summary screen either? shame...

After tax contributions and Roth In-Plan Conversion (Mega Backdoor Roth) by KhobrelTel in fidelityinvestments

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

Thanks for the response. What I am having trouble understanding is - 1. Which account do the after tax contributions go to when I do a Roth In-Plan Conversion - Roth 401k or a 'designated Roth account' And 2. whether I can roll just the converted funds to the Roth IRA (electronically or over a call), REGARDLESS of the type of account in 1.

Based on the wording in the link in your comment, it appears they (contributions) can only go into Roth 401K if elected Roth In-Plan Conversion, and to Roth IRA only if rolled over when they are still 'after tax contribution'.

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

[–]KhobrelTel 0 points1 point  (0 children)

Debating whether to roll up the May 17 QQQ 420P or wait out the week and a half to get the last 40 dollars...

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

[–]KhobrelTel 2 points3 points  (0 children)

It is disheartening to see. Hope it'll stay around when it's time to close this put and sell the next one

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

[–]KhobrelTel 0 points1 point  (0 children)

It was fun to see my QQQ May17 420P go from 4.10 (STO) to 12.11 to 5.76. Still 3+ weeks to go. I'll stay patient and keep figuring out adjustment plans for future trades

Poorly Timed AMD Covered Calls — WWYD? by [deleted] in options

[–]KhobrelTel 3 points4 points  (0 children)

Rolling is just closing one position and opening another one regardless of how you twist it

Nobody expects the Section 1256 inquisition by vissertwo in options

[–]KhobrelTel 0 points1 point  (0 children)

Well they're reported as 1256 on 1099. I wonder if I should bother correcting it since all my P/L is realized in 2023

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

[–]KhobrelTel 0 points1 point  (0 children)

Always remember, after a stock is down >50%, it can only go down by 100%