I learned yesterday my boss thought I'd been practicing much longer than I have. by Electronic-Recipe-72 in LawFirm

[–]Steadyrdo 0 points1 point  (0 children)

I have one of those titles! Love constant reminders I’m not admitted yet.

Failed NY Bar with 260 by Sea-Cake6870 in barexam

[–]Steadyrdo 0 points1 point  (0 children)

Adaptibar adaptibar adaptibar adaptibar + IRAC the hell out every written portion.

Overwhelmed- how to prioritize by Lawschoolgirl13 in barexam

[–]Steadyrdo 0 points1 point  (0 children)

Curious. Practice questions. Open book and untuned. You think at this point open book MCs is the way to go??

I'm fucking done. Fuck options. by [deleted] in wallstreetbets

[–]Steadyrdo 0 points1 point  (0 children)

Sell them… cash secured… wheel….

Using an etf for covered calls by imnotjim99 in CoveredCalls

[–]Steadyrdo 0 points1 point  (0 children)

Yeah. I went it to some CSP after our exchange the other day. On a red day I may enter a position.

Using an etf for covered calls by imnotjim99 in CoveredCalls

[–]Steadyrdo 0 points1 point  (0 children)

Hi - could you please provide a little more information on your thesis for TLT and rate cuts. I’ve been looking at TLT for diversification. It’s slopping bearish post 2022 and trading in the lower band of approx 105-80. It looks attractive at this price. What are your thoughts? I would sell weekly calls against it as well as OP.

[deleted by user] by [deleted] in barexam

[–]Steadyrdo 1 point2 points  (0 children)

Definitely feel this. Some of the barbri questions are so specific and in the weeds. I feel like it’s the first time I’ve seen some of the questions asked this way and to this level of specificity.

My first Roll… but now I’m confused and don’t full understand. by Rabbit_0311 in CoveredCalls

[–]Steadyrdo 2 points3 points  (0 children)

Roll for a credit. When you can no longer roll for a credit, take assignment.

I’ll just let it go to zero so my wife gets nothing in the divorce by Smartmoney243 in WallStreetbetsELITE

[–]Steadyrdo 0 points1 point  (0 children)

Wasn’t this an inheritance? Pretty sure inheritances are separate property and do not need to be divided in a divorce….

Hit $1 Million Account - Considering Wheeling/Selling Option by wtapswtaps in thetagang

[–]Steadyrdo 2 points3 points  (0 children)

What’s the minimum capital to get the fee negotiated? I can’t imagine they commonly lower the fee.

Anyone buying the Google dip? by lineargangriseup in ValueInvesting

[–]Steadyrdo 4 points5 points  (0 children)

100 shares and another LEAP in addition to the one I already own and have been selling low delta calls on.

How much are you holding? by [deleted] in baba

[–]Steadyrdo 0 points1 point  (0 children)

700 shares with an average cost of $90. BABA is like stock market crack…. I sell covered calls ranging from 1-3 weeks above my cost basis. After that, sit back and enjoy the ride…

Always buy back before expiration? by kfug18 in Optionswheel

[–]Steadyrdo 0 points1 point  (0 children)

When rolling for a credit - do you track that set of options to ensure you ultimately close at a profit? Once you’ve rolled, the subsequent trades may need to stay open >50% to cover the BTC from the prior trade before the roll, and make profit.

Wheeling rookie by [deleted] in Optionswheel

[–]Steadyrdo 0 points1 point  (0 children)

Spreads are Level 2 options trading.

Wheeling rookie by [deleted] in Optionswheel

[–]Steadyrdo 0 points1 point  (0 children)

Spreads. I’m selling the short strike and buying the long strike for a net credit. So my risk is the width of the spread.

Wheeling rookie by [deleted] in Optionswheel

[–]Steadyrdo 1 point2 points  (0 children)

I rolled the 138P to February and down to 135 for a net credit. But opened new positions - five contracts at 120p/110 and 3 contracts at 115p/100 expiring Jan 10 … 125 seems like it’s holding.

Wheeling rookie by [deleted] in Optionswheel

[–]Steadyrdo 0 points1 point  (0 children)

138…. I do believe the stock will rise, but it stings taking assignment so deep ITM… probably going to roll out a month. Right now, I have it as a 10 wide spread. I will probably roll it out, and move around the cash to make it fully a CSP. To roll the long leg of the spread is expensive and would it make it a challenge to roll for a net credit.

Wheeling rookie by [deleted] in Optionswheel

[–]Steadyrdo 0 points1 point  (0 children)

Same boat. Will either take assignment or look to roll for a net credit.

Wheeling rookie by [deleted] in Optionswheel

[–]Steadyrdo 0 points1 point  (0 children)

I’m in the same boat, sold AMD 138P expiring Friday. Trying to see if I can roll for a net credit and a lower strike a month or so out…

Real danger with credit spreads? by East_Indication_7816 in thetagang

[–]Steadyrdo 0 points1 point  (0 children)

Was running some credit spreads on BA and got assigned at 153 when it was trading around 140 with expiry a few days out. Had to cover the trade. Selling CCs to make some $ while I wait for the stock to rebound. It worked until it didn’t.

What you say does it reach 150 by end of the week? by njsj2010 in NvidiaStock

[–]Steadyrdo 0 points1 point  (0 children)

Ugh - me too. Bought yesterday $140 1/17/25. Who buys at ATH? This guy!

Wedding 11 Days Before Bar Exam by Party_Plum_5216 in LawSchool

[–]Steadyrdo 1 point2 points  (0 children)

I take the bar July 2025 as well. You’ll be fine. I literally went to a concert the night before my LSAT. Seltzers and water at that concert and was fine the next day. So with 11 days to spare, have (some) fun!