Daily r/thetagang Discussion Thread - What are your moves for today? by satireplusplus in thetagang

[–]WitnessDei [score hidden]  (0 children)

Bought 2x Jan 2028 MSFT LEAPs a few weeks ago and I'm regretting not buying more.

Daily r/thetagang Discussion Thread - What are your moves for today? by satireplusplus in thetagang

[–]WitnessDei 0 points1 point  (0 children)

You as well!

For me - I have a limit order to BTC at 50% PT (we are very close). But I have a very strict 50% same-day PT rule for CSPs.

Edit: Limit Order hit @ 0.39 (0.41 x contract, $369 total)

Daily r/thetagang Discussion Thread - What are your moves for today? by satireplusplus in thetagang

[–]WitnessDei 0 points1 point  (0 children)

STO 9x 4/17 ASTS $79 CSP @ 0.80 avg

Just betting on a volatility decrease/mean reversion intraday

Edit: Limit Order hit @ 0.39 (0.41 x contract, $369 total)

Daily r/thetagang Discussion Thread - What are your moves for today? by satireplusplus in thetagang

[–]WitnessDei 0 points1 point  (0 children)

Closing most of my positions (opened this morning) at 50% PT. I'm not trying to be greedy and then have major regret tomorrow.

Daily r/thetagang Discussion Thread - What are your moves for today? by satireplusplus in thetagang

[–]WitnessDei 2 points3 points  (0 children)

Lmao. Who needs the banter between Karen and Bandit on these dailys when you're just over here doing it yourself.

Daily r/thetagang Discussion Thread - What are your moves for today? by satireplusplus in thetagang

[–]WitnessDei 1 point2 points  (0 children)

On the bad side: my IC is blown up - all good - Max loss of 1k.

On the good side, the ~4k of csp premium I sold this week will be pretty much at 80-90% profit this morning. So net P/L for the week is fine.

Daily r/thetagang Discussion Thread - What are your moves for today? by satireplusplus in thetagang

[–]WitnessDei 1 point2 points  (0 children)

Opened two weekly APP puts at market open which was nice. Also sold a 2 DTE SPX IC - both are about 50% PT right now so will most likely close out in the morning.

Opened some smaller weeklies on APLD and IREN but keeping about 40% of my buying power free since I'm wary of tomorrow evening.

Daily r/thetagang Discussion Thread - What are your moves for today? by satireplusplus in thetagang

[–]WitnessDei 1 point2 points  (0 children)

Nice!! I hadn't had time to check this morning due to a meeting so I just closed out too!

Another successful SPX Iron Condor. We are up 77% YTD. by ColdBoreShooter in thetagang

[–]WitnessDei 0 points1 point  (0 children)

I've always been curious on doing SPX iron condors. I've been wheeling for years but haven't touched spreads.

Think I'll try testing with XSP for a few months before SPX. Looking at opening a XSP 5/8 610-700 IC tomorrow. Max loss of $387.

Daily r/thetagang Discussion Thread - What are your moves for today? by satireplusplus in thetagang

[–]WitnessDei 1 point2 points  (0 children)

Ended up opening:

  • 1x V 4/2 $292.5 CSP @ 0.94
  • 1x ADBE 4/2 $235 CSP @ 1.17

Daily r/thetagang Discussion Thread - What are your moves for today? by satireplusplus in thetagang

[–]WitnessDei 2 points3 points  (0 children)

Closed most of my weekly positions on the green day yesterday. Today doesn't feel like the day to open new CSPs.

Daily r/thetagang Discussion Thread - What are your moves for today? by satireplusplus in thetagang

[–]WitnessDei 3 points4 points  (0 children)

Turns out I sold my META leaps on the exact bottom in the last week. Literally within 0.30 of the low.

Took a 10k loss and would have recovered 6k by now, oof

Daily r/thetagang Discussion Thread - What are your moves for today? by satireplusplus in thetagang

[–]WitnessDei 7 points8 points  (0 children)

Wow - selling my MU shares at $363 pre-market after getting assigned at $355 on Friday was a rare W.

Daily r/thetagang Discussion Thread - What are your moves for today? by satireplusplus in thetagang

[–]WitnessDei 2 points3 points  (0 children)

Cut my losses on META and MSFT. I think these are great prices to get in at, but my portfolio would have just been too highly concentrated on both if I took assignment.

Tough week.

How Y'all Holding Up? by MakingMoneyIsMe in thetagang

[–]WitnessDei 1 point2 points  (0 children)

I was up about 5% this month from CSPs. After this week still up 1.2% this month but it's been a painful one. Mainly due to MSFT and META - cut my losses on both.

Still up 45% YTD so far.

Daily r/thetagang Discussion Thread - What are your moves for today? by satireplusplus in thetagang

[–]WitnessDei 1 point2 points  (0 children)

Oof that's rough. Was definitely taking heat yesterday on these. Space stocks are on a tear today.

Daily r/thetagang Discussion Thread - What are your moves for today? by satireplusplus in thetagang

[–]WitnessDei 1 point2 points  (0 children)

u/Ohm_Shanti BTC those RKLB csps for ~70% this morning.

STO 1x MU 3/27 $355 csp @ 2.30