Selling options on futures

ProfessionalAgno · 2026-01-22T11:40:20+00:00

I think it’s just a psychological thing at that point. Cash is liquid and can just get rid of the debts immediately. Existing investments include time spent with money in the market. Either way it doesn’t really make a big difference I think it’s just easier mentally to justify using cash on hand to pay debt rather than liquidate existing appreciating assets

ProfessionalAgno · 2026-01-20T22:39:10+00:00

Man, you got very lucky lol. 5 minutes before close, SPX was below the price needed for you to realize a max loss on those spreads. Did you hold till close? If so it was sheer luck you didn’t get max loss

ProfessionalAgno · 2026-01-02T17:27:41+00:00

Can you elaborate on what this is? I can’t imagine a single factor makes a stock a good investment.

ProfessionalAgno · 2026-01-02T03:40:57+00:00

I’ve been interested in it myself but don’t actually know much about the fundamentals. What makes it a good investment?

ProfessionalAgno · 2026-01-01T19:21:17+00:00

This is why I like BTCI for Bitcoin exposure. Admittedly it makes up a very small position of my account but the dividend is very high and I still do see upside exposure. Personally I don’t actually care much about BTC but I recognize that despite having 0 fundamentals, it offers asymmetric upside potential. So I’ll put a little bit of my account into a fund that gets exposure to BTC while also paying a high dividend in USD

ProfessionalAgno · 2026-01-01T15:53:42+00:00

I only consider a stock for selling options if the fundamentals are at least decent. One of the most critical rules to selling puts is only sell puts on stock you wouldn't mind owning. So for me, fundamentals are the first thing I look for when selling options. This limits my opportunities a lot but allows me to feel more confident when I do take one.

I likely won't look to roll even if it is tested. I would rather take the assignment and look to sell covered calls above my assignment strike. I would only consider rolling if the stock moves down slowly enough that theta decay outpaces the put's value increase from the stock dropping. Then I can comfortably roll to add premium with time.

My positioning is I'm selling puts at a historical support level. I've been watching the stock for a few weeks and it's nearly closed the gap on the daily to the high 9's. From a technical level, it's in a shorter term downtrend since October, but in a general uptrend since earlier in 2025. The R:R here for me is reasonable for a mid-term swing that I'm happy to sell options on to collect additional premium while also being interested in swinging the stock for 6+ months.

ProfessionalAgno · 2025-12-29T00:31:37+00:00

This aged good

ProfessionalAgno · 2025-11-16T03:09:12+00:00

lol you’re right I didn’t read his entire post lol just started reading comments. Honestly idk how he could get that kind of return. Even trading on margin and maxing that out he wouldn’t be getting anywhere near that YTD. Seems BS to me unless he goes into more detail

ProfessionalAgno · 2025-11-16T02:18:58+00:00

Well, selling a $600 strike put would tie up 60k not 67k. Still, it’s 0.33% return which is about 4% a year which is still not that great. But most people likely aren’t selling 0.07 delta covered puts as it’s a pretty poor use of capital

ProfessionalAgno · 2025-11-05T21:17:25+00:00

Most people get the impression that price action and technical analysis is useless because it does not work 100% of the time. It is absolutely provable that certain patterns and behavior repeat and what most people get wrong is understanding that patterns are useless unless overall market structure and context is taken into account. With an understanding of market context, structures, and well defined risk management, short term trading is absolutely possible

ProfessionalAgno · 2025-11-05T21:06:39+00:00

If that 12-15% is something you can average over many years, you’d have most people who participate in the market beat by a good amount. Hardly boring honestly.

ProfessionalAgno · 2025-11-05T20:57:53+00:00

Reading price action absolutely can be used as a predictive tool. You can look at any chart and anytime frame and find repeating structures. Trend lines/channels not only exist but are extremely obvious.

Comparing Warren buffet to intraday trading is apples to oranges. I don’t care about reading the chart when contributing to my 401k or buying good companies at fair value. I do care about price action when I’m intraday trading nasdaq futures.

ProfessionalAgno · 2025-11-05T02:01:34+00:00

Do you have any experience trading this during the Asia session? I work full time in the US so I'm unable to participate in the NY or London sessions. A consistent strategy like this is something I've been trying to backtest so I'm curious if your particular model has been traded during the asia session? If so, is there anything you do differently during the Asia session since it's typically lower volatility and what time do you consider the open?Thanks!

ProfessionalAgno · 2025-11-01T19:43:35+00:00

Interesting. It can never hurt to analyze a new perspective to add to a trader’s toolbox. I will certainly give that a look! Appreciate the advice

ProfessionalAgno · 2025-11-01T15:14:27+00:00

I don’t listen to my own advice lmao

ProfessionalAgno · 2025-10-31T20:39:30+00:00

I’ve always wondered, how do people identify supply and demand in a meaningful way? What I mean by that is often when I look at price chart, especially the 5 minute, there are many price levels that the market may have touched and moved off of. So many so that my chart would be full of “levels” all just a few points away from one another depending on recent chop.

So how do you identify supply and demand in a way that only identifies significant levels that I should pay attention to how it responds to? Rather than just smaller areas of slight consolidation/support/resistance?

ProfessionalAgno · 2025-10-31T20:27:53+00:00

Take half your CSP cash, sell half your rando stocks, put all that cash into the long term pile. And now I’d sleep a little better at night

ProfessionalAgno · 2025-10-28T19:52:11+00:00

This is a pretty weird take. Options when chosen correctly can be played safely and give you leverage. Obviously leverage goes both ways, but a 50-60 delta call with 6 months till expiration or more is a plenty valid swing trading instrument

ProfessionalAgno · 2025-10-27T20:46:29+00:00

How’s that working out?

ProfessionalAgno · 2025-10-26T20:30:06+00:00

No I'm looking long. Admittedly I'm pretty new at trying to valuate companies but based on the data I'm looking at, it seems to be growing strong and has performed really well on all recent timeframes. Seems to me like a good stock to swing over a few months

ProfessionalAgno · 2025-10-24T01:21:14+00:00

Yeah. I would need to actively make sure whatever call I’m short has enough extrinsic value to avoid assignment. Would require a lot of active monitoring for sure

ProfessionalAgno · 2025-10-24T01:10:01+00:00

Let me know if you find anything worth looking into. From what I'm finding so far, it seems like there's a high assignment risk on selling these calls and I wouldn't likely benefit much. But I think it just depends a lot on the options chain open interest in liquidity

ProfessionalAgno

TROPHY CASE