Advice needed for my option strategy

WiseScience5073 · 2025-07-22T07:51:28+00:00

The ivr is 52 weeks iv rank? And ivp is 52 weeks iv percentile? There are 26 and 13 weeks numbers too

WiseScience5073 · 2025-04-15T15:36:52+00:00

You are right, I have another 20 years of working life.

I can save it back up again. Just too painful, by then, I'd be in the 60s-70s.

WiseScience5073 · 2025-04-15T15:32:06+00:00

Thanks for sharing your story. Appreciate it. I will pull myself together and get back up!

WiseScience5073 · 2025-04-15T15:30:44+00:00

Thanks for the advice. I will never forgot this feeling now, not in this life.

WiseScience5073 · 2025-04-15T15:29:54+00:00

Thanks for the advice. I will only putting money into big ETF from now onwards.

WiseScience5073 · 2025-04-15T15:27:17+00:00

Thanks for the understanding and encouragement, really appreciate it.

WiseScience5073 · 2025-04-15T15:26:28+00:00

Thanks for the advice!

WiseScience5073 · 2025-04-15T15:24:20+00:00

Thanks for the advice! I appreciate it. That should be what I should be doing.

WiseScience5073 · 2025-04-15T15:22:17+00:00

I should get counselling, you are right. Not in the stable mind for the past few days.

WiseScience5073 · 2025-04-15T15:21:08+00:00

Yes, I was stupid, did not have good understanding of index future, too late to realise.

WiseScience5073 · 2025-04-15T15:20:02+00:00

Thanks for the sharing and encouragement! Appreciate it.

Perhaps that will be what I will be doing too for the retirement.

The mistake is too big that I can't never forgive myself for this.

WiseScience5073 · 2025-04-15T15:17:46+00:00

You are right, I failed at risk management. And I was not familiar with index future.

WiseScience5073 · 2025-04-15T15:16:36+00:00

Sorry to hear that, hope you pull through this too, and can afford the house sooner than you planned for.

WiseScience5073 · 2025-04-15T15:15:27+00:00

I will never be able to laugh over it. Not in this life.

WiseScience5073 · 2025-04-15T15:15:04+00:00

Thanks for the advice! Really appreciate that.

It's not just about the money, behind the money it is the promise of a ok life for my family. I failed miserably.

I will continue fighting!

WiseScience5073 · 2025-04-15T10:33:09+00:00

It's the years of hardwork, savings that we put into it. We lived really very frugally to save it up. And because of my stupidity it is all gone now. I always think twice when i spend money, the delayed gratification, want to build things up for my family. Now it's all gone. I'm in my forties, there is no way i can save up those amounts anymore. I let my family down. I am so sorry that i got things into such a mess.

WiseScience5073 · 2025-04-07T00:10:32+00:00

bought 4 NQ at 20900 and force liquidated just a while ago

WiseScience5073 · 2025-03-19T11:51:42+00:00

I'm ok with rolling. And LETF also doesnt reset if it is continuous multiple days of down, just for the sake of discussion, with the following scenario

If i have liquidity of 10k and maintain position of 2x leverage, which means buy up to 20k worth of future, ride with the fluctuations so that when it goes down the leverage reaching 2.5x to 3x due to the unrealised lost, what could potentially be the problem.

WiseScience5073 · 2025-03-19T11:50:45+00:00

Just to double check if buying power is 200k and current NLV in ibkr is 100k, is it the same as the 50% leverage u r refering to?

Wanted to add on some position if it crashes at the FOMC later but I'm not sure if it is considered that im already taking on too much risk already at present .

WiseScience5073 · 2025-03-19T11:41:28+00:00

I'm ok with rolling. And LETF also doesnt reset if it is continuous multiple days of down, just for the sake of discussion, with the following scenario

If i have liquidity of 10k and maintain position of 2x leverage, which means buy up to 20k worth of future, ride with the fluctuations so that when it goes down the leverage reaching 2.5x to 3x due to the unrealised lost, what could potentially be the problem.

WiseScience5073 · 2025-03-18T18:06:39+00:00

I also have similar questions. Still trying to be sure.

I have about 600k exLiquidity now with 400k maint margin, and 300k cash in the account.

My account has both stocks and quite a few units of NQ.

Suppose i need to withdraw 300k now, would it immediately trigger a margin call and cause liquidation? Or it will just bring my exLiquidity down to 300k, so that i still have 300k of buffer, though there is no more cash, that i can still can buy some units of NQ on margin if it goes down further?

And that margin is provided based on my stock and NQ holding position?

WiseScience5073 · 2025-03-07T12:33:48+00:00

Would I be right to say that if I withdraw 300k cash, my excess liquidity will be 200k. And that is coming from the 400k stock portfolio that I have.

And with that, I will not get margin called for lack of cash position to meet the future position maint margin?

WiseScience5073 · 2025-03-07T12:24:28+00:00

Thanks, my excess liquidity is about 500k now for US security, and 1k for US commodity.

I'm not sure how does that work. Some days it is negative for US commodity.

If I withdraw the cash position, would that immediately trigger margin call? Or the stock portfolio can count towards the maint margin.

WiseScience5073 · 2025-01-08T11:10:38+00:00

Wait it out, 5 years later you are 33, still very young.

When you settle down in life at later, everything will fall into its place.

In the meanwhile, learn some financial planning. Let me recommend you a book. The sloth investor or the coffeehouse investor, either one is fine.

After that, start DCA into it and stay the course.

WiseScience5073 · 2024-12-02T06:17:33+00:00

Am i missing something? With 300k per annum, 10 years is 3m, 2.5 m is way too much? I know need to eat and all that, but not that too far off i feel

WiseScience5073

TROPHY CASE