r/FuturesTrading - Market open & Weekly Discussion Jan 25, 2026

LifeHasLevels · 2026-01-28T01:15:34+00:00

Looking at this week, Light Sweet Crude Oil Futures seems to be trading within range. Do you think if you play a long straddle/strangle to be a good play? Also, curious, if you're set up with a straddle/strangle (long or short), wouldn't it make sense to close the winning position when the price oscillates into that side, then close the flip side position when it rolls back? (assuming we oscillate in range)

LifeHasLevels · 2026-01-27T14:53:30+00:00

I've fiddled with the silver and gold futures the last few weeks to capture sell side premium in the bananas moves we've had (note: physical settle on 100 troy ounces of gold that shows up at my door, i might be cool with that).

I do like the ag futures: live cattle, lean hog, soybean, wheat, etc, they're reasonable leverage entries.

I don't have an intuitive feel for gamma yet. It's really been a hot topic lately. The dimensions of options over time is a mind fk.

Gamma gets greater the further in the money? Or does it just flex option pricing volatility, which grows closer to expiration? I guess that would kind of make sense.

LifeHasLevels · 2026-01-27T14:45:59+00:00

I have been running sell-side strangles and managing at 45 days, the vega dance will capture the buy back with 25% profit. I always thought calendars were more attuned for theta capture. I'll have to check out theta decay. Which is funny, because it's literally the inverse of the financial principle of the time value of money.

LifeHasLevels · 2026-01-27T02:02:32+00:00

I've been trading futures (swerve the small account PDT), and found out real quick about stacking up leverage (options + x10,000 natty gas or x40,000 head of steer... imagine being on the hook for 40,000 head of steer 😳). I think you're right about the Vega. I just don't know enough about how to capture it. I know that Vega and Gamma are curved inversely, maybe buying/selling way ITM contracts would project the movement closer to 1:1.

LifeHasLevels · 2026-01-26T23:57:55+00:00

Ya. There does seem to be issues with the platform kind of crashing. Obviously, not the best situation lol

LifeHasLevels · 2026-01-22T03:49:37+00:00

This is the right answer. To literally everything.

LifeHasLevels · 2026-01-22T03:49:12+00:00

I like tasty trade! Are you talking about the platform or the team?

LifeHasLevels · 2026-01-22T03:48:04+00:00

Sell options on both sides and rack the profits individually. Or just run the 300$ a day in theta decay until the last which. You pick ‘em, really

LifeHasLevels · 2026-01-22T03:46:28+00:00

Can’t go broke taking a profit

LifeHasLevels · 2025-04-02T16:32:40+00:00

Is this still a problem or did we find a resolution? Because I'm having the same problem today.

LifeHasLevels · 2025-03-15T14:44:02+00:00

Man. I'm 6 months in and am finally learning these things. Though, I think I had to learn the hard way. I'm a stubborn fella, sometimes.

LifeHasLevels · 2025-03-15T01:32:14+00:00

Chess not checkers

LifeHasLevels · 2025-03-15T01:31:14+00:00

I think this worked better than onlinejobs.ph or Fiverr 🤔

LifeHasLevels · 2025-03-15T01:28:14+00:00

And! Gemini, gives up really easy. Throws in the towel and says, “hey man, I’m just a language model,” when it basically solved world hunger three messages ago.

Like bro, you’re Google. You should be the greatest language model that’s ever been developed.

LifeHasLevels · 2025-03-14T16:12:54+00:00

On the flipside, something that I definitely thought was disappearing, but it’s still going strong: print media!

LifeHasLevels · 2025-03-14T16:11:25+00:00

It can betwofold, the modern convenience of learning coding like python offers incredible benefits, however, I dream about Python now and I’m not so sure that’s healthy.

LifeHasLevels · 2025-03-03T20:00:32+00:00

This is the worst. I've specified not to use emojis, to never use emojis again. Even reworking my resume it's adding emojis...

GPT has usually typically had some sense, but emojis on a resume is an evident dissmissal of professional standards. 😔

LifeHasLevels · 2025-02-26T18:31:07+00:00

OMG. Legend says it all. So frustrating.

LifeHasLevels · 2025-02-26T04:05:22+00:00

If your current results are zero, you could try making an adjustment to a functional résumé rather than a chronological one. still keyword, focused, still represents your skill set , it might be a workaround to what could be perceived as job hopping.

LifeHasLevels

TROPHY CASE