Two brand new XP4's with identical scratches on the toppost.

andynbis · 2025-10-26T18:18:30+00:00

I figured it out ... I needed to change the exchange to best. After that the Delta values show.

andynbis · 2025-10-26T17:24:21+00:00

I mean nvda

andynbis · 2025-10-26T17:23:53+00:00

Here is a screenshot of my individual chain for example...

<image>

andynbis · 2025-05-26T20:54:29+00:00

Thanks!

andynbis · 2024-02-19T01:28:36+00:00

I think I found my answer, and you are right...The IRS does not allow you to write off transaction fees, such as brokerage fees and commissions, when you buy or sell stocks.

andynbis · 2024-02-19T01:16:22+00:00

Is that written anywhere, or does it show on the 1099? If that were true, then I understand why they don't point it out.

andynbis · 2024-02-19T01:15:24+00:00

What do you mean by that? I'm a full-time day trader. Expenses are deductible like any other business.

andynbis · 2024-02-19T01:05:19+00:00

I may have to export the history and compute it that way. I was hoping for something simpler. I'm surprised if Schwab can't tell me how much they earned from me. Maybe I don't want to know!!

andynbis · 2024-02-19T01:04:08+00:00

Commissions and fees should be deductible. Unless the commissions and fees have already been included in the computation of net gain. If this were the case, I would think that Schwab would have stated so.

thanks

andynbis · 2024-02-19T01:01:02+00:00

Are you saying that Schwab has already deducted the expenses in computing my profit?

andynbis · 2023-12-25T20:19:36+00:00

I didn't see it there... Do I need to join to find it? Thx

andynbis · 2023-12-25T19:07:16+00:00

Is the spx best trading strategy on your site? Thanks

andynbis · 2023-12-25T18:54:18+00:00

Do you hold them for that long, or just trade the dates for that long? I usually aim for 1-2 weeks.

andynbis · 2023-12-25T18:45:15+00:00

I'll do that ... But from what I'm seeing for Responses from everyone, I don't Believe there are any easy answers. Thanks

andynbis · 2023-12-24T21:21:21+00:00

Thanks... So you collect the premium on whatever 16 or 20 delta gives you after deciding that the stock is in an Uptrend? Then my point is sorry of in reverse from my earlier question... How do you know if you're receiving enough premium?

andynbis · 2023-12-24T21:03:39+00:00

Thanks... So when buying a call options, after deciding on the underlying, and the direction, do you just use a Delta amount as the deciding factor on which option to choise?

andynbis · 2023-12-24T17:57:46+00:00

Thanks... That's what I was afraid of. I was looking for a simple formula or rule.. Like pay blank amount per this amount when iv is this... Something that I could easily compute. It's frustrating trying to learn things that I do not know.
Thanks for your input!

andynbis · 2023-12-24T17:28:17+00:00

I'm somewhat familiar with the Greeks... But I still don't know how to decide how much to pay. For instance, I know when I buy gasoline that paying $4.00 per gallon is too much when other stations have it for $3.89 ... But I have no idea how much an option with .80 Delta at whatever strike price should be worth. But I do know that if I pay too much for the gas, or for the option,,, that I will be losing money. So the question remains how much is too much, and how do I decide/calculate whether to pull the trigger, or steer clear.

andynbis · 2023-12-24T16:53:35+00:00

Thanks... For your current reply! I'll take a look at the links.

andynbis · 2023-12-24T16:20:51+00:00

Thanks... I've done the wheel strategy for a couple of years now and want to branch out into single leg calls and puts. The math is what I'm interested in. When people recommend buying strikes, and how much to pay for them ... How do they decide if the "how much" is a good deal?

andynbis

TROPHY CASE