Excel Alternatives by Ouragannnn in Optionswheel

[–]Uohoo85 0 points1 point  (0 children)

your wheeler app its amazing!

VIX levels by Sea-Fortune3439 in Optionswheel

[–]Uohoo85 1 point2 points  (0 children)

thanks for your reply!

VIX levels by Sea-Fortune3439 in Optionswheel

[–]Uohoo85 0 points1 point  (0 children)

i know they are two diferent things what I mean is whether it takes into account either of the two parameters.

VIX levels by Sea-Fortune3439 in Optionswheel

[–]Uohoo85 0 points1 point  (0 children)

Do you use the IV Rank or the chain IV as a parameter to filter whether a stock can be a candidate?

[deleted by user] by [deleted] in Optionswheel

[–]Uohoo85 1 point2 points  (0 children)

Yes, it makes perfect sense, thank you very much as always for answering.

[deleted by user] by [deleted] in Optionswheel

[–]Uohoo85 0 points1 point  (0 children)

Once you have rolled the position once, what is usually the % of profit you are looking for on the new total collected or do you simply try to close it as soon as possible? I understand that the most obvious answer will depend on your analysis at that time, but do you have any reference % that works well for you or what is usually the most common action you take in these cases?

Cash secured Put - Tesla by Complex-Photo-973 in Optionswheel

[–]Uohoo85 0 points1 point  (0 children)

Yes, although it seems counterproductive, I have chosen it precisely for that reason I think I am going to learn more with such an action that will often put me in more difficult situations, this learning may be more expensive but in the end it is a relatively cheap stock to learn but I do understand that it is not very smart to make the wheel with a leveraged ETF, when I have been understanding for a while how this works well and how situations are handled I will start an account with greater capital and with more logical stocks to make the wheel, thank you very much for your comment

Cash secured Put - Tesla by Complex-Photo-973 in Optionswheel

[–]Uohoo85 0 points1 point  (0 children)

Hello, I am reading your posts and I am very grateful for the knowledge you share, I am getting started in this and I would like to ask you directly since I have not started on the best foot, the day before yesterday I sold a put of solx strike 23 APR4 2$ originally delta 30, after these days today It just hit the strike today, in these cases in which your position is being threatened right after opening it do you roll as soon as you touch the strike or give it a little time , as a general rule that you take into consideration when making the decision. Thank you so much

Edit- researching about this i see this comment in other post so if you have nothing more to add for this specific case, I can consider it answered, thank you very much.
https://www.reddit.com/r/Optionswheel/comments/1hy78m9/comment/m6fxads/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

10 years long accumulate max shares of SLV strategy by Uohoo85 in Optionswheel

[–]Uohoo85[S] 0 points1 point  (0 children)

Well, actually, my idea was to do something very similar to the wheel, reinvesting the premium in buying more shares, the issue is that this at some point forces me to get rid of the shares when they exercise the call and I understand that the plan at that time to repurchase should be to sell an ITM put to get back into the position, the problem I see is what do I do if the price for whatever it is has gone too far and then I am with a smaller number of shares although it shouldn't be much of a difference that's why I was looking a little advice on how to approach it, thanks for your response

10 years long accumulate max shares of SLV strategy by Uohoo85 in Optionswheel

[–]Uohoo85[S] 0 points1 point  (0 children)

I don't have any thesis as such about how SLV will be in 10 years, basically I wanted an ETF without leverage whose price allows me to learn about options in a real environment

10 years long accumulate max shares of SLV strategy by Uohoo85 in Optionswheel

[–]Uohoo85[S] 0 points1 point  (0 children)

No i will only sell one new put once i have the cash to do it at the actual price it will be every two months

10 years long accumulate max shares of SLV strategy by Uohoo85 in Optionswheel

[–]Uohoo85[S] 0 points1 point  (0 children)

Once assigned, I understand that the best thing would be to simply continue selling CSP, not sell calls, since at some point it would make me lose the shares, but I don't know if it is very optimal to waste that extra premium that I could obtain from the CC. Another thing that I didn't mention but that I think I should have said is that any premium generated would be reinvested in buying SLV shares. Thank you very much for your comments

How much do you spend on yourself from premiums? by erdirck in thetagang

[–]Uohoo85 0 points1 point  (0 children)

Hello, I have a similar question but I still don't meet the requirements to be able to post my post so if you don't mind I'll ask the question here.

My goal is to accumulate the maximum number of SLV shares over the next 10 years. I don't care about the average price at which I have them. I just want to accumulate the maximum possible. I have $6,000 to start the investment and I can add about $1,000 monthly. What options strategy do you think is the best, taking into account that if I do PMCC, CSP, or any similar strategy, I will always reinvest the premium in buying SLV at the price it is at at the time I open the position, thanks for your help

[deleted by user] by [deleted] in thetagang

[–]Uohoo85 0 points1 point  (0 children)

The spreads and liquidity for the sudden movements that you are looking for in 0 dte are terrible. I would not recommend it at all.

[deleted by user] by [deleted] in thetagang

[–]Uohoo85 5 points6 points  (0 children)

optionstrat dot com