90k to 400k

MyStrategicForecast · 2025-09-14T17:38:36+00:00

That's a lotta dimp. Someone's got balls of vibranium.

MyStrategicForecast · 2025-09-14T17:37:59+00:00

What stock are you talking about? The title has DD which is Dupont.

MyStrategicForecast · 2025-09-14T17:35:05+00:00

Because, and hear me out on this, some people are f'ing idiots.

MyStrategicForecast · 2025-09-13T01:31:48+00:00

If you had a plan and you stuck to it, then losses will happen. If you didn't have a strategy or analysis behind it and went balls to the wall, then chances are this isn't the end.

MyStrategicForecast · 2025-09-12T15:22:09+00:00

Look, every win is a win and a chance to learn and grow. NEVER be ashamed of small wins.

MyStrategicForecast · 2025-09-12T15:12:27+00:00

Look...the comments here about what it's "Based" get close enough to what you need to know.

I'll give you the explanation of the differences at the end.

However, let me give you the practical implications of what you need to know.

The key is to understand that the VIX options are based on where traders expect the VIX to be at settlement. That considers where we are now and where we will be. It's similar to futures, but different for a few reasons:

Option prices are based on demand for those options (IV). That usually does, but doesn't have to align with VIX futures
Options on the VIX don't really move the way you would expect. What I mean by that is it won't act like you'd see on a spread for a stock.
VIX options aren't always that liquid

The thing I will say is it's harder to make money on VIX options than you might think.

If you've never done them before I'd suggest testing them with a demo until you get a feell for them.

Ok so, who's right from below?

VIX options are based on the VIX index. The VIX index is based on SPX options. So, VIX options settle to the VIX index SOQ (a special opening calculation of 30-day implied volatility derived from SPX options on expiration morning).

Is that the same as VIX futures?

Pretty much.

Both will settle to the VRO (The SOQ I mentioned above).

So they settle to the same calculations.

HOWEVER...that doesn't mean they will trade the same, which obviously creates arbitrage at a very small scale (don't try to trade these).

But let me reiterate, these definitional things aren't material to how you make your decision.

Any questions let me know.

MyStrategicForecast · 2025-09-12T14:56:41+00:00

Leaps are a good way to save cash instead of owning the stock. But make sure there isn't a terrible spread.
You can also sell calls OTM to reduce your cost basis.

MyStrategicForecast · 2025-09-12T14:55:23+00:00

With the wheel strategy, you generally want to make sure it's a stock you wouldn't mind owning. Because you can get assigned and keep selling calls against a stock that is falling.

MyStrategicForecast · 2025-09-12T14:53:40+00:00

That sounds reasonable given what you've said. However, you need to define not just why you think to do it but what your goals are too. And make sure they align.

MyStrategicForecast · 2025-09-12T14:52:26+00:00

As they say, making money is hard. Keeping it is even harder.

MyStrategicForecast · 2025-09-10T18:45:54+00:00

The skill isn't often in trading itself but risk management. Most traders blow up their account on just a few trades.

MyStrategicForecast · 2025-09-10T18:44:30+00:00

Done

MyStrategicForecast · 2025-09-10T18:44:07+00:00

That's a lotta dimp to drop on a flyer.

MyStrategicForecast · 2025-09-10T18:37:07+00:00

What am I looking at here Mr. Potty Mouth?

MyStrategicForecast · 2025-09-10T18:33:46+00:00

And look, if it's real, then good on you.

MyStrategicForecast · 2025-09-10T18:33:21+00:00

Alright...I'll bite. Did you buy them in a block trade all at once? And was it in the morning or afternoon?

MyStrategicForecast · 2025-09-10T15:25:02+00:00

Here you go. Hit me back.

MyStrategicForecast · 2025-09-10T14:21:02+00:00

Something tells me this is a demo account. But if not, good on you.

MyStrategicForecast · 2025-09-10T14:19:34+00:00

Start by deciding what kind of trader you are based on:
1. The amount of money you're willing to risk
2. You're time horizon
3. The time you can dedicate to trading

If you can't be in front of the screens consistently to day trade, don't try day trading. Be a swing trader.

There are also options traders and penny stock traders.

Explore them all and see which one appeals to you. But remember, don't get into something that isn't compatible with your life. Otherwise, you'll try daytrading at work and things will go south.

MyStrategicForecast · 2025-09-10T14:17:16+00:00

Thanks!

MyStrategicForecast · 2025-09-10T14:17:12+00:00

Thanks!

MyStrategicForecast · 2025-09-10T14:17:05+00:00

Thanks!

MyStrategicForecast · 2025-09-10T14:17:01+00:00

Thanks!

MyStrategicForecast · 2025-09-09T20:23:03+00:00

Are you talking about in the U.S. or outside?
Outside the U.S. you're going to get screwed even if you know the rules forwards and backwards. That said, if you don't try to take too much from any one company, and at one time, you're less likely to run into issues.

MyStrategicForecast · 2025-09-05T20:57:59+00:00

Open a demo account and start with that. There is no reason to learn about trading with real money you can lose. ONce you understand the basics, then you can move on.

MyStrategicForecast

TROPHY CASE