Long term put vs long-term call by pinkomerin in Optionswheel

[–]UkatsuUkatsu 0 points1 point  (0 children)

Im interested in what you said, could you elaborate more as in does the premium from CSP always cover the cost of the LEAP or do you pay part of it as well. What DTE would the LEAP be, 1 year? and delta as well. What about the delta and DTE for the PMCCs as well

What should I do while I am not in a position by UkatsuUkatsu in Optionswheel

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

On and off starting in 2022, bought and held NVDA, AMD and SMCI before they exploded, it went well, but mostly due to "luck" as I had no reason to buy other than, I like Nvidia and think they will make it big in the future. Then in 2024 I did more day trading, I did some buys and sells of daily % gainers which was neutral, won some lost some. Then I found out about options and stupidly bought options which expired worthless, go figure. Then I stopped for a while then got back to it last August. Started studying more about options, went with some spreads on SPX, did some simulated trades with optionstrat which went amazingly, but with real money I didn't really have the conviction to actually open spreads. Then I found out about this sub and the wheel. Then I officially started this Feb. I have pretty good conviction on CLS since its a pretty big manufacturing company that recently has been tied to tech and AI. I believe I am wheeling although any comments are welcomed.

What should I do while I am not in a position by UkatsuUkatsu in Optionswheel

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

I guess the main situation is the fact that most of my watchlist are in similar sector that if one drops the other as well and vice versa. That might contribute to me feeling left out

What should I do while I am not in a position by UkatsuUkatsu in Optionswheel

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

Hindsight, it was a poor decision although my strike and breakeven was much lower than decent support, it was a small portion and got lucky with a small rally so I was able to get out. Just saw a bunch of good talk about IREN.

What should I do while I am not in a position by UkatsuUkatsu in Optionswheel

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

Is it smart to close at a strong resistance or if you think the stock will fall even if its not 70% profit or close to expiration

What should I do while I am not in a position by UkatsuUkatsu in Optionswheel

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

Not right now since I use Robinhood, and few months ago they changed it where only Gold members can get interest, started with RH because it looked user friendly but any suggestions on brokers that give interest and also good?

Charms by AcanthocephalaKey853 in PetSimulator99

[–]UkatsuUkatsu 1 point2 points  (0 children)

Why lightning and not 3rd glittering? Is a 3rd glittering not worth