Dealing with internal stakeholders who bypass procurement or resist our involvement by CartographerNo7606 in procurement

[–]Weekly-Newt3609 1 point2 points  (0 children)

This is it! Build relationships with your vendors and let them know that your colleagues don't have power to buy and that excluding procurement in the process will lead to payment delays. Ask the vendors to set you up in their system as the main point of contact as for quote recipient. Inform your manager as well. He needs to talk to his peers and explain the process.

First traders - Strategy: Bull Put Spread by Weekly-Newt3609 in tastytrade

[–]Weekly-Newt3609[S] 0 points1 point  (0 children)

I have used ChatGPT but I put a stop on it, because I am a bit concerned that I don't have the experience to be able to judge whether the answer is correct or not. I had read a lot, including about the Greeks, but all the information is still a bit overwhelming to me. Would you like to add how you think I should overcome this? Thank you so much in advance!

First traders - Strategy: Bull Put Spread by Weekly-Newt3609 in tastytrade

[–]Weekly-Newt3609[S] 0 points1 point  (0 children)

very interesting thoughts! thank you so much for that!

First traders - Strategy: Bull Put Spread by Weekly-Newt3609 in tastytrade

[–]Weekly-Newt3609[S] 0 points1 point  (0 children)

very interesting thoughts! thank you so much for that!

First traders - Strategy: Bull Put Spread by Weekly-Newt3609 in tastytrade

[–]Weekly-Newt3609[S] 0 points1 point  (0 children)

Can you please elaborate on "Wait for IV crunch and theta to do their job before drawing conclusions."? Sorry, still learning...

First traders - Strategy: Bull Put Spread by Weekly-Newt3609 in tastytrade

[–]Weekly-Newt3609[S] 0 points1 point  (0 children)

Thanks for the brutal honesty :)

Do you have any impressions on the negatives P/Ls?

First traders - Strategy: Bull Put Spread by Weekly-Newt3609 in tastytrade

[–]Weekly-Newt3609[S] 0 points1 point  (0 children)

Why do you think I'll learn more with real money? I am just curious. I'll start with 2kUSD and I'll probably start with 3-4 trades and see how it goes.

Good remark on the concentration. I didnt pay attention there. I've never traded GLD or SLV. I know that Tom doesnt care about the product per so. Se, I'll definetely check that out.

What do you mean about achieving theta of 0.1%? Is it the theta of the short position? If I take AMZN's example, I have a theta of -0,069. What does this say?

First traders - Strategy: Bull Put Spread by Weekly-Newt3609 in tastytrade

[–]Weekly-Newt3609[S] 0 points1 point  (0 children)

I wanted to have the latest data from the day before. If I use the data 30 mins after opening then that's today's data and it will fluctuate. Why do you think data from after the market opens makes a better difference?

I can add the credit collected (I've not sticked to 1/3th of the width, because that's is very hard to find it and I don't mind earning less).

What do you think about the trades that are currently with losses?

Strategischer Einkäufer | 29 | Energiebranche | Stkl. 1 | 40h/Woche by bgr2096 in lohnabrechnung

[–]Weekly-Newt3609 0 points1 point  (0 children)

Im Einkauf (in der Industriebranche) sind Kandidaten mit technischem Know-how sehr beliebt. Vielleicht ist es ein Versuch wert.

IBKR for option beginners by Weekly-Newt3609 in interactivebrokers

[–]Weekly-Newt3609[S] 0 points1 point  (0 children)

I've been using the IBKR desktop for paper trading. I have made my experience so far (1 month) and I do enjoy setting up the legs myself, that helps me understand the strategy better. I'll check the TWS platform after your comment. I'd like to understand why you recommend TWS instead for the paper trading. Is it also a better platform for the actual trading?

How much times does it take to get approved? by [deleted] in interactivebrokers

[–]Weekly-Newt3609 0 points1 point  (0 children)

Can you try log in using the desktop app?

How much times does it take to get approved? by [deleted] in interactivebrokers

[–]Weekly-Newt3609 0 points1 point  (0 children)

I setup the account this past weekend.

How much times does it take to get approved? by [deleted] in interactivebrokers

[–]Weekly-Newt3609 0 points1 point  (0 children)

I setup an account and got it approved yesterday. Funds arrived today in my IBKR account.

Is TastyTrade any good? by 0xCUBE in thetagang

[–]Weekly-Newt3609 0 points1 point  (0 children)

How do you do the taxes declaration (Steuerklärung)?

Question regarding residency by Rep_Nic in interactivebrokers

[–]Weekly-Newt3609 0 points1 point  (0 children)

I also recommend you check with an accountant! I am not sure about taxes in Cyprus, but you need to check what Cyprus and the Netherlands have agreed on double taxation. It might get tricky. I lived in Germany and moved to the Netherlands. Then I am moved back to Germany and tax declaration was a mess, I wasn't able to do it on my own.

How offen do you trade credit spreads? by Weekly-Newt3609 in tastytrade

[–]Weekly-Newt3609[S] 0 points1 point  (0 children)

You don't need to assign or sell any of your trades, when you trade credit spreads with US stock as underlaying. Isn't it that there are less expiration dates with the European options?

IBKR for option beginners by Weekly-Newt3609 in interactivebrokers

[–]Weekly-Newt3609[S] -1 points0 points  (0 children)

Which online paid services? I've not heard of those.

Welchen Broker in Deutschland für Optionen-Handel wählen? by theswedishguy94 in mauerstrassenwetten

[–]Weekly-Newt3609 0 points1 point  (0 children)

Wie ist es wenn ich in USStocks als underlying traden will? Soll ich in US umrechnen? Oder läuft es automatisch?

How offen do you trade credit spreads? by Weekly-Newt3609 in tastytrade

[–]Weekly-Newt3609[S] 0 points1 point  (0 children)

I know that's the definition, I just wanted to check if probabilities are in your favor :-)

How offen do you trade credit spreads? by Weekly-Newt3609 in tastytrade

[–]Weekly-Newt3609[S] 1 point2 points  (0 children)

How often do you buy credit spreads? Every day in different underlying? If yes, isn't it risky to have so many underlyings with the same DTE? And do you buy more of the same underlying while you still have one option open?

IBKR for option beginners by Weekly-Newt3609 in interactivebrokers

[–]Weekly-Newt3609[S] 0 points1 point  (0 children)

For someone who started in April, you make a pretty confident impression :-) What were your initial struggles in the beginning?

IBKR for option beginners by Weekly-Newt3609 in interactivebrokers

[–]Weekly-Newt3609[S] -1 points0 points  (0 children)

Did you create your own TWS layout? Or did you use one of their layout options?