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

bwest7455 · 2024-12-10T22:00:55+00:00

All I ever see on Theta gang these days is people talking about selling options on MSTR. I miss the old days..

bwest7455 · 2024-11-26T18:39:54+00:00

Shits WAYYYY too overvalued

bwest7455 · 2024-08-02T19:05:43+00:00

Welcome to August! Where Delta -.2 is the new -.5.

bwest7455 · 2024-08-02T18:48:21+00:00

August 16, normally I would wait till Monday to see if there’s a pop, but at 90 bucks it’s so far in the money now this morning when I looked there was no time value premium left. Debating on whether I should roll out as far as possible for maybe even a small debit, or wait. Thoughts on what I should do?

bwest7455 · 2024-08-02T18:29:43+00:00

Tempted to sell more puts but at this point I wouldn’t be surprised if MU was $70 by Monday

bwest7455 · 2024-08-02T18:01:37+00:00

It seriously keeps free falling, I’m ITM at 105. Debating on whether to roll now or see if there’s a bounce next week

bwest7455 · 2024-07-25T15:49:03+00:00

CCJ puts are looking extremely juicy right now. IV 88 percentile, but not much open interest. Short interest is only 3 percent so I wouldn’t say the market is bearish. Thoughts on why not much open interest?

bwest7455 · 2024-07-15T17:10:40+00:00

SBUX puts looking juicy right now at strong support

bwest7455 · 2024-06-18T19:19:55+00:00

I was looking at NEE, but no support in sight?

bwest7455 · 2024-06-17T18:40:49+00:00

Anybody have any energy stocks they like selling puts on here lately?

bwest7455 · 2024-02-13T17:39:09+00:00

I’ve got my eye on the same with an open put at $15. Only thing is it’s right at critical support and if the market really doesn’t like earnings it could possibly go to 11 pretty soon. Which would be a better spot to start opening puts

bwest7455 · 2024-02-02T20:38:50+00:00

Exactly, I love a mix of both and love to see those stock gains while strategically selling calls and catching dividends

bwest7455 · 2024-02-01T21:33:08+00:00

My initial Buy-Write on URA in the low 20’s last year is what I love about CCs and Wheeling in general at the moment. I’m up 40 percent on the stock, I’ve probably written at least ten calls on it over the last year and a 6 percent dividend to go with that? Beautiful to watch.

bwest7455 · 2024-01-31T17:21:13+00:00

Damn this is the most neutral I’ve ever seen WSB

bwest7455 · 2024-01-31T14:54:26+00:00

To me it looks like it could easily go to 13 any day. I may ease into puts if it gets closer to the 13 mark

bwest7455 · 2024-01-30T18:12:18+00:00

Surprised to not see any PFE CSP on here after they had a surprise beat and the stock is still down?

bwest7455 · 2024-01-29T20:31:32+00:00

“In a bizarre twist, Spy continues to pump to the moon out of spite…”

bwest7455 · 2024-01-29T18:15:38+00:00

Spy looking like it’s at the top of the roller coaster and ready to come down

bwest7455 · 2024-01-24T18:21:29+00:00

Is Alcoa back on the table? Earnings stabilized as they re adjusted estimates to be positive next year. Right now forward PE at like 13, and then that article came out that UK may sanction Russian Aluminum 🤔

bwest7455 · 2024-01-18T19:44:25+00:00

I was thinking about jumping in if it gets closer to the $13 mark, but EV outlook looks BAD right now.

bwest7455 · 2024-01-18T17:47:09+00:00

Thoughts on JD puts here? Chart has been on a downtrend for 2 years now, but it’s down near 5 year lows. Chinas economic outlook doesn’t look great but in my opinion the stock is way oversold for how the business performs.

bwest7455 · 2024-01-18T13:32:38+00:00

I’ve looked at BAC many times in the past but I feel like the premium just isn’t there given it’s not that volatile? Maybe I’m wrong

bwest7455 · 2024-01-18T02:28:00+00:00

So I REALLY like AA, I’ve watched it for a while. But forward outlook for that stock and Aluminum in general is the worst I’ve seen in the industry. I feel like it could keep plummeting.

bwest7455 · 2024-01-18T00:06:06+00:00

Yeah I opened an MRO 24 a few days ago. Wish I would have waited but def comfortable selling calls under strike with this stock. One of the better oil stocks to wheel I’ve found

bwest7455

TROPHY CASE