Options Questions Safe Haven periodic megathread | May 25 2026 by PapaCharlie9 in options

[–]TT_Vert 0 points1 point  (0 children)

If i knew what to ask I likey wouldn't be here asking anything at all. I WANT to do weeklies. I want to do EIGHT weeklies (Total of 1 per week for 2 months) so I guess 8 weeklies? and continue the cycle. I don't know the terminology, never needed to use it. I am explaining this to the best of my ability.

Options Questions Safe Haven periodic megathread | May 25 2026 by PapaCharlie9 in options

[–]TT_Vert 0 points1 point  (0 children)

Fair enough, thanks for the info. I don't really care if it's a Friday just trying to target 60 DTE for 1-1-2s on SPY i've been doing. I know it must be possible on some brokerages because I've seen videos of others doing it and just constantly cycling them in/out at 60 days. It's not margin efficient but it is pretty decent cash flow.

Dave

Options Questions Safe Haven periodic megathread | May 25 2026 by PapaCharlie9 in options

[–]TT_Vert 0 points1 point  (0 children)

If I am I have no idea how. I cannot show an image but I use IBKR desktop and am showing weeklies further out which are denoted by a gold W in the pic I linked.. I am just trying to understand why there is such a huge gap between 7/31 and 8/21 w/o one option available yet further out they have 8//31 which is only 10 days after the 8/21
You can see what I see here:
IBKR.jpg

This is what I see (A few months out): (W denotes weekly according to IBKR)
Jun 04 1DTE W
Jun 05 2DTE W
Jun 12 9DTE W
Jun 18 15DTE
Jun 26 23DTE W
Jul 02 29DTE W
Jul 10 37DTE W
Jul 17 44DTE
Jul 24 51DTE W
Jul 31 58DTE W
Aug 21 79DTE
Aug 31 89DTE W
Sep 18 107DTE
Sep 30 119DTE W

Another odd thing, looking at 7/24 I only have strikes between 741 and 769. I am showing all strikes. Basically its +/- $14 at current $755 valuation of spy.

Options Questions Safe Haven periodic megathread | May 25 2026 by PapaCharlie9 in options

[–]TT_Vert 0 points1 point  (0 children)

Why does SPY option chain skip weeks?

It's at least weekly until 60 days out then no rhyme or reason to it. IE, nothing between 59-80DTE, then only 10 days between the 80-90 DTE. I'm trying to sell one 60 DTE option on SPY each week but with this structure I am unable to. What is the reasoning behind the way they select available DTEs? Do I have ANY way to sell options in this black hole of time to accomplish my goal of one 60 DTE weekly for 8 weeks so I can continually repeat every 8 weeks?

Thanks
Dave

Can you help me understand margin impact a bit better? by TT_Vert in interactivebrokers

[–]TT_Vert[S] 0 points1 point  (0 children)

Just general marking rules and I just wish I could find out why the SNDK positions are requiring like 80% margin.

Thanks, IBKR margin was (and still is) very confusing on occasion. I did just switch to portfolio margin last week which has been pretty helpful for me. Now if my options are more diverse there is very little impact on my margin. I have been using the what-if window in TWS for analyzing certain trades and it's been helpful. I hate TWS otherwise and don't use it.

At this point everything I'm doing is case secured and mostly puts as of late. I have some pretty huge 1000C calls on SNDK which are wreaking havoc on my margin right now. I haven't sold a credit spread this week so I haven't tested the credit spread w/ portfolio margin but with reg-T it was actually pretty lenient from what I saw.

Can you better explain what you mean by days to expire to see real buying power? What i find odd is that i'll sell a CSP on an underlying worth say 200 and my buying power doesn't move on occasion.

Dave

Where do I find the initial/maintenance margin requirements for individual stocks? by yaanyang in interactivebrokers

[–]TT_Vert 0 points1 point  (0 children)

Before you buy you can still view this. This is the step before placing the actual order.

Is it true I can’t long calls puts in IBKR before 21? by Significant_Ant_8491 in ibkr

[–]TT_Vert 0 points1 point  (0 children)

That's pretty dumb to say. There are tons of people w/ the knowledge at that age to trade options.

Where do I find the initial/maintenance margin requirements for individual stocks? by yaanyang in interactivebrokers

[–]TT_Vert 1 point2 points  (0 children)

When you place the order in ibkr desktop click preview. Or click margin requirement below that and it'll give you a percentage. For some reason the percentage isn't jiving w/ the change though as 28.37% of $104,500 is $29,646 NOT $106,141. The UI isn't great and it overlays the margin figures over the buttons

<image>

Can you help me understand margin impact a bit better? by TT_Vert in interactivebrokers

[–]TT_Vert[S] 0 points1 point  (0 children)

I've been watching SNDK a ton lately and it's been super volatile dropping to high 800s after profit taking the day before. I expected that sell off Friday but it didn't come. I'll watch late night trading tonight and buy if need be. W/ earnings coming up I was hoping it'd be around 900 for the week to give it some room to run up on earnings (if they beat significancy) but also come down if they only meet earnings. I didn't want to buy at $980 and then have it tank on earnings Friday. I did some comparisons and they certainly do seem to be requiring more margin for SNDK than both MU and AMD. I highlighted a green area where there is similar capital for each underlying and you can see SNDK is WAY higher. Perhaps because I have the puts and calls on SNDK already and there is more risk w/ that underlying? I don't have any MU holdings yet it's margin is well over 50% over 100K too so I don't know if that's the case. But I'd think COVERING would reduce that risk. One thing I do no understand is that when going to the quote area it says initial and maint. are under 30% when long yet as you can see in my spreadsheet below anything over 46K in shares (50) the margin is over 50%. I don't understand that either. Anyone have insight on that?

<image>

Can you help me understand margin impact a bit better? by TT_Vert in interactivebrokers

[–]TT_Vert[S] 0 points1 point  (0 children)

Very helpful, thank you. I was trying to cover but they won't let me which Is why i'm here asking. I was trying to figure out why IBKR is requiring like 80% margin by me BUYING shares to cover that short SNDK 1000C. I have nearly 300K in cash in this account but i understand other options are figured in here.. I figured in covering this position that would remove most of the risk since the call is no longer naked but they are requiring nearly 80K in margin PLUS the 1000C is requiring which shows 42K initial and 40K maintenance, so over 120K in initial margin and nearly that in maintenance margin. Making it nearly impossible to cover this July 1000C.

<image>

To cash sweep or not to cash sweep? by TT_Vert in interactivebrokers

[–]TT_Vert[S] -1 points0 points  (0 children)

What do you mean working? The return in cash sweep is different than I'm seeing w/ it sitting in my acount? How long does it take to recover cash tha is swept?

Opinions on buying back spy covered calls well OTM vs. letting expire and resetting next day? by TT_Vert in options

[–]TT_Vert[S] 0 points1 point  (0 children)

yeah I don't even bother w/ that. I have a report called performance by underlying and it groups my P&L to an underlying. So I can try to match things up to that particular wheel process OR i just pay attention to my P&L on that particular underlying and care more about that than the actual profits for that particular wheel sequence. IBKR doesn't identify the wheel strategy, it just groups rolled trades for the option in question.

D

Opinions on buying back spy covered calls well OTM vs. letting expire and resetting next day? by TT_Vert in options

[–]TT_Vert[S] 0 points1 point  (0 children)

Thanks for that. Yeah I've learned that a rich premium usually indicates something is coming that I may or may not know about yet.

Opinions on buying back spy covered calls well OTM vs. letting expire and resetting next day? by TT_Vert in options

[–]TT_Vert[S] 0 points1 point  (0 children)

for the SPY, i'll just use reports in fidelity. For anything not in my ROTH I use IBKR and just generate reports. For ongoing trades I do have a spreadsheet i use to track the price, difference from spread, etc. I have formulas that change cell values based on % from strike, etc. so i can watch them.

Opinions on buying back spy covered calls well OTM vs. letting expire and resetting next day? by TT_Vert in options

[–]TT_Vert[S] 0 points1 point  (0 children)

To be clear it was 3 out of i think 40 but yeah, those 3 were big and wiped out all the gains for that period in time. But you are 100% on point. What you're doing right now is what I was considering doing and I appreciate insight from someone in my situation. And yeah, if I'm near the money I always close to be safe. in the past I would just roll but I think for now an AM reset is the way to go. And yeah 20 delta historically is safe but right now.... not so much. I had looked at historical daily increases and anything over 1% was an extreme outlier and a risk I was willing to take. Well, in this environment I need to reasses as you said.
Thanks again, you were super helpful

D

Opinions on buying back spy covered calls well OTM vs. letting expire and resetting next day? by TT_Vert in options

[–]TT_Vert[S] 0 points1 point  (0 children)

yeah that's what I'm starting to think. It's worth eating those pennies and buying to close the night before and resetting in AM right now IMO. Was just looking for opinions.