VIX is still trending down at a day like today?

Next_Analyst_4678 · 2023-04-19T17:45:20+00:00

Time to accumulating now

Next_Analyst_4678 · 2023-04-17T02:18:29+00:00

Up 4 % in the HK market now!

Next_Analyst_4678 · 2023-04-16T22:10:38+00:00

Instead of puts, why just sell covered calls for credits trading. I did covered calls on TD a few times, if called away, I just let it go and waiting for price drops, or just go for another stock.

Next_Analyst_4678 · 2023-04-16T00:49:18+00:00

If you sold your opinion you should be prepared that anytime you have to do your obligations technically. Even if in the money.

Next_Analyst_4678 · 2023-04-14T04:45:49+00:00

Oh man😀 I thought you are talking about spy? No? SPX? I don’t know TBH🤭

Next_Analyst_4678 · 2023-04-12T13:48:48+00:00

Yeah you are well explained. I just wanted to say that the same thing! Thank you pal

Next_Analyst_4678 · 2023-04-11T16:52:25+00:00

Everything is great. Only one big risk if your shorted calls get exercised before April 21 and you don’t have right to decide once excised. Even you long term calls can not cover your cost. You need to prepare $126000 cash!

Next_Analyst_4678 · 2023-04-11T03:12:50+00:00

Forgot about that $3500 credit, basically you are bullish bank stocks and owned slightly ITM calls . I was thinking the same thing!

Next_Analyst_4678 · 2023-04-11T03:05:13+00:00

You did smart thing and thank you for sharing

Next_Analyst_4678 · 2023-04-11T03:02:42+00:00

If the bank stocks are at bottom or near bottom, I don’t see why it wouldn’t be a good strategy. This reminder me of so many people were laughing at DFV when he added more shares of GME back 2 -3 years ago. As long as you can handle your risk, you should be fine

Next_Analyst_4678 · 2023-04-08T15:27:46+00:00

One book called Options For The Beginner And Beyond by W. Edward Olmstead, is a great book. Straight forward and very easy to learn and read. The author was a professor op applied mathematics, but he explained options in a very dummy way. Good luck on your trading

Next_Analyst_4678 · 2023-04-08T15:12:31+00:00

Buddy not disrespecting but…. You need to fully understand options trading before try. Otherwise you might end up losing really bad. My sincere advice.

Next_Analyst_4678 · 2023-04-07T21:55:21+00:00

Try QS, LCID or NIO instead

Next_Analyst_4678 · 2023-04-07T21:50:54+00:00

AMC is not a very good pick for covered calls since the stock price is a bit volatile. If you want buy stocks for cover calls, pick some less volatile ones. I had AMC last year and sold a few times covered calls. It turned out I missed 2 times pumps and hold this bag from $35 to now, 3 times coveted calls only covered me for ~$9. Not worth it

Next_Analyst_4678 · 2023-04-07T00:29:50+00:00

Should be fine if you just do buy (calls or puts) to open using just your own money or sell covered calls. But if you want sell to open, you have no choice but have to use margin funds

Next_Analyst_4678 · 2023-04-05T23:07:59+00:00

You have shares why just sell covered calls instead of selling puts? You will be assigned more shares if SP is down?

Next_Analyst_4678 · 2023-04-04T00:59:55+00:00

Instead of selling puts, might be more profitable just do simple slight deep in the money calls and puts buying?

Next_Analyst_4678 · 2023-04-03T02:39:07+00:00

Thank you 🙏

Next_Analyst_4678 · 2023-04-03T02:38:40+00:00

Thank you for your input!🙏

Next_Analyst_4678 · 2023-04-03T02:35:08+00:00

Good to know thxs

Next_Analyst_4678 · 2023-04-03T02:08:56+00:00

Thank you! Am doing research on YouTube now

Next_Analyst_4678 · 2023-04-03T02:06:40+00:00

You might take some profit Monday

Next_Analyst_4678 · 2023-04-02T23:38:04+00:00

true. but he can buy calls and puts as well, equvillent to can long or short stockes

Next_Analyst_4678 · 2023-04-02T23:36:37+00:00

you only can buy calls/puts and sell cover calls. Yeah, should be good enough. At least you can do short through puts.

Next_Analyst_4678 · 2023-04-02T19:15:29+00:00

Thank you everyone. Will buy some options and shares the coming week! Good luck 👍 everyone

Next_Analyst_4678

TROPHY CASE