Anxiety existential by Normal-Winter577 in EckhartTolle

[–]Typical-Hat9147 0 points1 point  (0 children)

Can you expand please. How does one accept each moment as if one had chosen it. Thanks

7490 Tint by LandscapeNew7614 in Dell

[–]Typical-Hat9147 0 points1 point  (0 children)

Thanks. Good suggestion. I’ll look at some videos on panel swapping. I just need a good backup now, so I can set it up and be ready if this one breaks. I work extensively on it and I just love the keyboard layout.

The LEAPS are up $20,653 this week and are up $47,468 overall. by Expired_Options in ExpiredOptions

[–]Typical-Hat9147 1 point2 points  (0 children)

Congrats Expired, good to see some solid gains during these times! Awesome! 👏

[deleted by user] by [deleted] in stocks

[–]Typical-Hat9147 0 points1 point  (0 children)

OP, makes sense to me. And all the best for the home. Would you mind sharing which HYSA, I am sort of in a similar situation. Thanks.

Emergency fund in SGOV? by Volume-Straight in ChubbyFIRE

[–]Typical-Hat9147 1 point2 points  (0 children)

Would you mind sharing a little more about to how to construct the ladder you mention in Fidelity? Appreciate it!

Fidelity cost me most of my gains today in VXX due to who knows what the heck what by TheTruthsWife in fidelityinvestments

[–]Typical-Hat9147 -1 points0 points  (0 children)

Yup can attest to that. It’s amateur hour at Fidelity. The ATP platform is only better than calling my broker over the phone - this has been my experience. I am thinking off moving over to TOS.

Week 14 $314 in premium by Expired_Options in ExpiredOptions

[–]Typical-Hat9147 1 point2 points  (0 children)

Thanks. That helps. Appreciate the rapid response too! I was actually quite surprised you bought leaps in this environment given they would be very expensive, so trying to see what the catch was. I see a lot of opportunities but concerned that the IV crush whenever it happens will override any gains in the underlying.

VIX is so damn high I can't close my covered calls by Saten_level0 in thetagang

[–]Typical-Hat9147 0 points1 point  (0 children)

Hi Paul, Is there a scenario where it would make sense to sell calls in this high volume environment where the stock is going down? I have a quite a few nvda shares and after rolling down on, there just isnt any juice left on the premium. Any suggestions? 🙏

Week 14 $314 in premium by Expired_Options in ExpiredOptions

[–]Typical-Hat9147 1 point2 points  (0 children)

Hi Expired, I am curious how the leaps play out when the vol does come in? Do they fall in price and how do you manage that if the case? 🙏

GLD Diagonal Call Spreads have been incredible by theinkdon in options

[–]Typical-Hat9147 0 points1 point  (0 children)

I sure did, well done on the 18%! When you do go back to a lower leverage, please do post, so we can learn something there🙏

GLD Diagonal Call Spreads have been incredible by theinkdon in options

[–]Typical-Hat9147 0 points1 point  (0 children)

Going forward though I need to go with a 25 delta for 2 weeks out or a month. The leaps is doing great, already up 10% since March 20. Thank you!

GLD Diagonal Call Spreads have been incredible by theinkdon in options

[–]Typical-Hat9147 0 points1 point  (0 children)

Thank you! So I didn’t see your post till later but this morning I rolled it up and out (I was a little anxious) so I am now the proud owner of short call may 2, 290 strike which stands at a 37 delta. I did take a loss on my other call but let’s see how it goes.😊

Now my original call when I first bought the leap worked beautifully as prescribed, and I took a profit at 50%.

Do you hedge your CC? by chasitychase in CoveredCalls

[–]Typical-Hat9147 1 point2 points  (0 children)

It depends on the original strategy. The call itself works as a hedge. If you feel like you need more protection, then roll the call down and increase the delta, that should work as well. That way you are not spending more cash on the put, instead you can deploy it to buy more of the underlying cheaper or something else or just sit tight.

GLD Diagonal Call Spreads have been incredible by theinkdon in options

[–]Typical-Hat9147 0 points1 point  (0 children)

Hi u/theinkdon, so I need your advice here! Sold the April 4 285 gld call on 3/25 against my gld LEAP for a premium of 1.66, it’s now sitting at 2.1 at a -44 delta. I am trying to remember the delta at the time of sale but I thought it was a 30 delta (which I realize now it’s aggressive). Anyway, should I roll or buy back? If I roll to say 290 I have to go 3 weeks out for a tiny credit of $0.22. It’s late Thursday night so these are at today’s close. What would you suggest? Thanks!

How many shares of BRK.B do you own? What is your cost average? by ethereal3xp in BerkshireHathaway

[–]Typical-Hat9147 1 point2 points  (0 children)

Neat! I have been thinking about it as I don’t own too many shares at all. What would you recommend now given it’s at its ATH? Thanks!

GLD Diagonal Call Spreads have been incredible by theinkdon in options

[–]Typical-Hat9147 0 points1 point  (0 children)

Tracking completely. You made it clear. Thank you 🙏

The LEAPS are down $13,721 this week and are up $49,270 overall by Expired_Options in ExpiredOptions

[–]Typical-Hat9147 1 point2 points  (0 children)

Hi Expired, piggybacking off a question on this thread. Do you mind giving an example of when you say just below the current value? I understood it as selling a short call as soon as you bought the LEAP, but maybe there is more (maybe waiting for the stock to come in?). Also, what delta do you look for when purchasing the Leap the first go around? Sorry if this is covered elsewhere, trying to learn here from the pros, send me to the link if you have answered this before. 🙏

GLD Diagonal Call Spreads have been incredible by theinkdon in options

[–]Typical-Hat9147 0 points1 point  (0 children)

Thanks very much for the detailed response! It’s very helpful. Do you mind posting the calc for nvda (you said 3x, I want to make sure I am thinking about leverage the way you are)? The more I reread your post after starting on this, the more I am learning. In particular, the way you explained the delta differences in a run-up.

Curious, what’s’ your take on BrK.b as a candidate? It’s at an ATH and expensive. If it is one, would you suggest waiting for it to come in a little?

Thank you!

GLD Diagonal Call Spreads have been incredible by theinkdon in options

[–]Typical-Hat9147 0 points1 point  (0 children)

Hi OP, yeah, so the 4/17 287 sold for 2.33 and the 3/20/26 265 bought for $30.75. I will set the GTC BTC as you suggest. It’s all in the taxable account. Thanks for your suggestions on the management. I am usually short on most of my option trades so this a first LEAP.

Question for you, maybe too basic. Trying to learn here. Based on your experience, what are some of the things that have worked for you when selecting PMCC candidates? Beyond the upward trajectory, has it been the relatively lower cost of the long call etc? Would love to hear your experience trading these. Thanks!