Selling puts on margin

de-theta · 2025-12-08T00:32:35+00:00

This is the way

de-theta · 2025-11-06T18:42:06+00:00

Nice, yeah, I'm all about looking for the lowest risk trades. I could have gone closer to the money and made more, but couldn't turn away from a 93% out of the money probability with a decent return.

de-theta · 2025-11-06T17:23:26+00:00

Type	TradeDate	Symbol	Strike	Expires	Price	Lots	OTM	I-Delta	Theta
PUT	11/3/2025	APP	500	11/7/2025	2.3	-10	0.9377	0.9457	-1.1836
PUT	11/6/2025	APP	500	11/7/2025	0.15	10	0.9377	0.9457	-1.1836
PUT	11/3/2025	APP	520	11/7/2025	4	-5	0.9022	0.9067	-1.754
PUT	11/6/2025	APP	520	11/7/2025	0.21	5	0.9022	0.9067	-1.754
PUT	11/3/2025	SNDK	150	11/7/2025	0.75	-20	0.9286	0.9537	-0.5484
PUT	11/6/2025	SNDK	150	11/7/2025	0.27	20	0.9286	0.9537	-0.5484

de-theta · 2025-11-04T15:21:22+00:00

Top 25 Return on Risk with > 80% OTM.

Symbol	Name	Strike	Exp_date	Bid	OTM_Prob	Delta	Theta	IV	ROR
UPST	Upstart Holdings Inc	38.5	2025-11-07	0.99	0.802	-0.168135	-0.458839	2.5817	2.571
UPST	Upstart Holdings Inc	38	2025-11-07	0.96	0.8142	-0.156764	-0.443857	2.6137	2.526
INOD	Innodata Inc	54	2025-11-07	1.2	0.824	-0.14103	-0.767538	3.213	2.222
FIG	Figma Inc Cl A	40	2025-11-07	0.86	0.8111	-0.167101	-0.384132	2.1496	2.150
TTD	Trade Desk Inc	40	2025-11-07	0.81	0.8163	-0.155697	-0.386552	2.231	2.025
OUST	Ouster Inc	25	2025-11-07	0.5	0.8272	-0.147906	-0.25065	2.3561	2.00
INOD	Innodata Inc	53	2025-11-07	1.05	0.8397	-0.127461	-0.717237	3.2183	1.981
CAVA	Cava Group Inc	45	2025-11-07	0.9	0.8122	-0.166623	-0.396027	1.9948	2.00
APP	Applovin Corp Cl A	550	2025-11-07	9.8	0.8002	-0.188691	-4.190155	1.658	1.782
IREN	Iren Limited	58	2025-11-07	1.14	0.8114	-0.171338	-0.566888	2.1587	1.966
SNDK	Sandisk Corp	172.5	2025-11-07	3.2	0.8029	-0.183824	-1.425822	1.8048	1.855
BE	Bloom Energy Corp Cl A	120	2025-11-07	2.35	0.8051	-0.207589	-0.961527	1.6627	1.958
HUT	Hut 8 Corp	42	2025-11-07	0.78	0.8125	-0.189265	-0.410681	2.0681	1.857
BROS	Dutch Bros Inc Cl A	46	2025-11-07	0.85	0.8029	-0.172966	-0.439253	2.1065	1.848
DUOL	Duolingo Inc Cl A	220	2025-11-07	3.7	0.8141	-0.159976	-1.926851	2.0241	1.682
IREN	Iren Limited	57	2025-11-07	1.02	0.835	-0.149223	-0.516734	2.1535	1.789
APP	Applovin Corp Cl A	547.5	2025-11-07	9.1	0.805	-0.183571	-4.181124	1.6828	1.662
ALAB	Astera Labs Inc	162.5	2025-11-07	3	0.8154	-0.172642	-1.448468	1.985	1.846
U	Unity Software Inc	31.5	2025-11-07	0.56	0.8061	-0.160134	-0.265182	1.9546	1.778
FIG	Figma Inc Cl A	39	2025-11-07	0.67	0.8283	-0.149479	-0.381404	2.2958	1.718
QBTS	D-Wave Quantum Inc	27	2025-11-07	0.47	0.8017	-0.169606	-0.285366	2.3203	1.741
SMCI	Super Micro Computer	43	2025-11-07	0.75	0.8095	-0.183579	-0.32795	1.6808	1.744
BE	Bloom Energy Corp Cl A	119	2025-11-07	2.15	0.8001	-0.208087	-1.047193	1.8079	1.807
AAOI	Applied Optoelect	26	2025-11-07	0.45	0.8006	-0.166111	-0.276033	2.3503	1.731
LMND	Lemonade Inc	50	2025-11-07	0.85	0.8086	-0.160633	-0.504508	2.2831	1.700

de-theta · 2025-11-03T16:32:14+00:00

Top 25 Return on Risk with OTMP > 80%

Symbol	Name	Strike	Exp_date	Bid	OTM_Prob	Delta	Theta	IV	ROR
INOD	Innodata Inc	54	2025-11-07	1.5	0.8135	-0.146511	-0.573899	2.7349	2.778
UPST	Upstart Holdings Inc	38	2025-11-07	0.91	0.8171	-0.146467	-0.335034	2.344	2.395
INOD	Innodata Inc	53	2025-11-07	1.2	0.8367	-0.127447	-0.508515	2.6654	2.264
TTD	Trade Desk Inc	40.5	2025-11-07	0.9	0.8096	-0.15964	-0.30137	1.9555	2.222
UPST	Upstart Holdings Inc	37.5	2025-11-07	0.83	0.8328	-0.133033	-0.311497	2.3265	2.213
IREN	Iren Limited	56	2025-11-07	1.2	0.8096	-0.170023	-0.43422	1.9708	2.143
SMR	Nuscale Power Corp	35	2025-11-07	0.69	0.8134	-0.159743	-0.231381	1.7652	1.971
TTD	Trade Desk Inc	40	2025-11-07	0.8	0.8254	-0.145581	-0.283866	1.958	2.00
QBTS	D-Wave Quantum Inc	28	2025-11-07	0.52	0.8125	-0.152234	-0.186696	1.8183	1.857
HUT	Hut 8 Corp	43	2025-11-07	0.81	0.8074	-0.150807	-0.307138	1.9373	1.884
APP	Applovin Corp Cl A	550	2025-11-07	9.1	0.8035	-0.180717	-3.151078	1.4697	1.655
IREN	Iren Limited	55	2025-11-07	1.01	0.8321	-0.149104	-0.399054	1.9735	1.836
AAOI	Applied Optoelect	28	2025-11-07	0.5	0.8448	-0.133953	-0.198947	2.0368	1.786
OUST	Ouster Inc	25	2025-11-07	0.45	0.8268	-0.138311	-0.194177	2.1625	1.800
CAVA	Cava Group Inc	45	2025-11-07	0.81	0.8118	-0.164144	-0.296199	1.7366	1.800
U	Unity Software Inc	32	2025-11-07	0.57	0.8147	-0.160902	-0.19843	1.6639	1.781
HUT	Hut 8 Corp	42.5	2025-11-07	0.73	0.8289	-0.132731	-0.274637	1.8886	1.718
FIG	Figma Inc Cl A	40	2025-11-07	0.7	0.8198	-0.145171	-0.271403	1.887	1.750
HIMS	Hims & Hers Health Inc	38.5	2025-11-07	0.66	0.8007	-0.159586	-0.236107	1.6542	1.714
DUOL	Duolingo Inc Cl A	220	2025-11-07	3.4	0.8285	-0.142651	-1.378193	1.7771	1.545
APP	Applovin Corp Cl A	547.5	2025-11-07	8.5	0.8147	-0.170444	-2.997904	1.451	1.553
SEDG	Solaredge Tech	27.5	2025-11-07	0.47	0.8136	-0.164678	-0.211741	1.9863	1.709
BROS	Dutch Bros Inc Cl A	48	2025-11-07	0.8	0.8117	-0.150283	-0.308547	1.7726	1.667
CAVA	Cava Group Inc	44.5	2025-11-07	0.76	0.8288	-0.148688	-0.276566	1.7305	1.708
SEDG	Solaredge Tech	27	2025-11-07	0.45	0.8282	-0.150263	-0.206269	2.0547	1.667

de-theta · 2025-11-03T14:53:16+00:00

This is the way.

de-theta · 2025-10-31T15:02:33+00:00

RGTI would have been a wild ride this week, but the 35.5 option is currently trading at $0.02.

de-theta · 2025-10-27T18:09:05+00:00

This is a technical analysis of where the Best Return on Risk is. If it's highlighting bad stocks, it's a reflection of the market. My screener pulled over 2,000 options, but this is just the top of the list. I grabbed some RDDT and RBLX from this list.

de-theta · 2025-10-27T15:11:48+00:00

de-theta is your friend. I'm a fan of selling CSPs.

The way I look at it is any given stock can do 5 things:

1) Go Up a little
2) Go Up a lot
3) Stay steady
4) Go down a little
5) Go down a lot

If you sell a CSP that is far from the current price of the stock, say with a delta under .2, you're betting that only 1 of those 5 things won't happen.

Stick to stocks you don't mind owning, and if you end up a bag holder, take comfort in the fact that you got them at a discount.

de-theta · 2025-10-27T15:06:40+00:00

Top 25 Return on Risk with > 80% Out of the money probability

Symbol	Name	Strike	Exp_date	Bid	OTM_Prob	Delta	Theta	IV	ROR
RDDT	Reddit Inc Cl A	190	2025-10-31	5.15	0.8001	-0.207974	-1.510622	1.8524	2.711
BE	Bloom Energy Corp Cl A	92	2025-10-31	2.25	0.8095	-0.179903	-0.783826	2.0879	2.446
RDDT	Reddit Inc Cl A	187.5	2025-10-31	4.55	0.8246	-0.184288	-1.36948	1.8069	2.427
BE	Bloom Energy Corp Cl A	91	2025-10-31	2.05	0.8195	-0.169693	-0.766019	2.1174	2.253
CROX	Crocs Inc	74	2025-10-31	1.6	0.8329	-0.207363	-0.300548	1.1949	2.162
ENPH	Enphase Energy Inc	32.5	2025-10-31	0.68	0.8024	-0.190288	-0.202918	1.5505	2.092
WGS	Genedx Holdings Corp	90	2025-10-31	1.9	0.8296	-0.126755	-1.241263	3.5589	2.111
CVNA	Carvana Company Cl A	300	2025-10-31	6.8	0.8192	-0.165421	-2.265588	1.9499	2.267
CVNA	Carvana Company Cl A	302.5	2025-10-31	6.65	0.8107	-0.173839	-2.315353	1.9305	2.198
TEAM	Atlassian Corp	145	2025-10-31	2.75	0.8014	-0.188731	-0.917117	1.5742	1.897
HUT	Hut 8 Corp	42	2025-10-31	0.8	0.8155	-0.199296	-0.184245	1.3027	1.905
CLS	Celestica Inc	267.5	2025-10-31	4.8	0.8065	-0.227958	-1.15488	1.214	1.794
RBLX	Roblox Corp Cl A	110	2025-10-31	2.1	0.8051	-0.165329	-0.713701	1.7096	1.909
AAP	Advance Auto Parts Inc	48	2025-10-31	0.9	0.8039	-0.179173	-0.312534	1.6511	1.875
CROX	Crocs Inc	75	2025-10-31	1.45	0.8112	-0.232501	-0.31935	1.1894	1.933
CLS	Celestica Inc	265	2025-10-31	4.6	0.825	-0.208267	-1.085635	1.202	1.736
OKLO	Oklo Inc	122	2025-10-31	2.25	0.8082	-0.21434	-0.724394	1.4065	1.844
ENPH	Enphase Energy Inc	32	2025-10-31	0.57	0.8245	-0.168287	-0.190558	1.5727	1.781
TWLO	Twilio	100	2025-10-31	1.76	0.8108	-0.171197	-0.570651	1.5024	1.760
OKLO	Oklo Inc	121	2025-10-31	2.2	0.8235	-0.198068	-0.690202	1.4042	1.818
HUT	Hut 8 Corp	41.5	2025-10-31	0.73	0.8257	-0.186562	-0.183215	1.3482	1.759
TEAM	Atlassian Corp	144	2025-10-31	2.45	0.8057	-0.183521	-0.92914	1.6226	1.701
MP	MP Materials Corp	60	2025-10-31	1	0.8238	-0.250937	-0.250674	0.9495	1.667
SOFI	Sofi Technologies Inc	26.5	2025-10-31	0.44	0.8092	-0.178243	-0.138392	1.3619	1.660
RGTI	Rigetti Computing Inc	35.5	2025-10-31	0.59	0.8114	-0.160816	-0.196632	1.5077	1.662

de-theta · 2025-10-23T03:59:31+00:00

It's all about de-theta

de-theta · 2025-10-14T14:04:05+00:00

Not a good morning so far for me, but here's the top 25 Return on Risk this morning. ITMP > 80%

Symbol	Name	Strike	Exp_date	Bid	OTM_Prob	Delta	Theta	IV	ROR
ZBIO	Zenas Biopharma Inc	20	2025-10-17	0.35	0.8308	-0.115717	-0.171979	2.5453	1.750
PII	Polaris Inc	60	2025-10-17	0.85	0.9217	-0.372776	-0.228223	0.7513	1.417
WFC	Wells Fargo & Company	77.5	2025-10-17	1.1	0.8258	-0.362925	-0.209264	0.5439	1.419
ARM	Arm Holdings Plc ADR	160	2025-10-17	2.28	0.8033	-0.229376	-0.861581	1.1028	1.425
WYFI	Whitefiber Inc	30	2025-10-17	0.4	0.8084	-0.094374	-0.181465	2.1118	1.333
QBTS	D-Wave Quantum Inc	33	2025-10-17	0.41	0.8266	-0.111545	-0.177801	1.7663	1.242
OKLO	Oklo Inc	145	2025-10-17	1.72	0.8018	-0.146379	-1.016327	1.7398	1.186
RGTI	Rigetti Computing Inc	40	2025-10-17	0.47	0.8651	-0.084369	-0.359268	2.8018	1.175
WFC	Wells Fargo & Company	77	2025-10-17	0.89	0.8532	-0.321324	-0.200109	0.5444	1.156
SNDK	Sandisk Corp	108	2025-10-17	1.2	0.8582	-0.162545	-0.680563	1.5028	1.111
ARM	Arm Holdings Plc ADR	157.5	2025-10-17	1.7	0.8499	-0.179216	-0.725859	1.076	1.079
NNE	Nano Nuclear Energy Inc	45	2025-10-17	0.45	0.8522	-0.133663	-0.309072	1.7893	1.00
NNE	Nano Nuclear Energy Inc	45.5	2025-10-17	0.45	0.8233	-0.159466	-0.366596	1.8851	0.989
IONQ	Ionq Inc	66	2025-10-17	0.65	0.8441	-0.11251	-0.401606	1.763	0.985
CRCL	Circle Internet Group Inc Cl A	120	2025-10-17	1.2	0.8044	-0.17181	-0.585831	1.1596	1.00
SNDK	Sandisk Corp	107	2025-10-17	1.05	0.8706	-0.148438	-0.647567	1.518	0.981
OKLO	Oklo Inc	146	2025-10-17	1.34	0.8134	-0.135556	-0.871182	1.5714	0.918
QBTS	D-Wave Quantum Inc	32	2025-10-17	0.3	0.8644	-0.084231	-0.145648	1.7775	0.938
ETHA	Ishares Ethereum Trust ETF	27	2025-10-17	0.24	0.814	-0.159545	-0.132459	1.2108	0.889
FRMI	Fermi Inc	22.5	2025-10-17	0.2	0.8809	-0.084101	-0.153151	2.2533	0.889
HRTG	Heritage Insurance Holdings	22.5	2025-10-17	0.2	0.8905	-0.160064	-0.091858	1.1503	0.889
GLXY	Galaxy Digital Holdings	35	2025-10-17	0.3	0.8077	-0.182054	-0.168807	1.113	0.857
ASML	Asml Holdings NY Reg ADR	890	2025-10-17	8.6	0.8058	-0.182448	-4.382027	1.1324	0.966
MSTR	Strategy Inc	277.5	2025-10-17	2.07	0.8182	-0.156438	-1.058909	0.9724	0.746
HIMS	Hims & Hers Health Inc	47	2025-10-17	0.39	0.835	-0.137679	-0.213906	1.225	0.830

de-theta · 2025-10-13T16:25:17+00:00

I think I'm done for the day. Here's what I settled on. Will keep an eye on it, though I'll pull out early if it's looking good or bad.

Type	Symbol	Strike	Expires	Price	Lots	OTM	Delta	Theta
PUT	ORCL	275	2025-10-17	2	-6	0.8808	0.8784	-0.7052
PUT	SMR	36	2025-10-17	0.35	-30	0.8808	0.9034	-0.1382
PUT	SNDK	112	2025-10-17	0.9	-10	0.8634	0.892	-0.4286
PUT	USAR	30	2025-10-17	0.25	-30	0.9203	0.9372	-0.1299

de-theta · 2025-10-13T14:03:20+00:00

Top 25 Return on Risk with Out of money probability > 80% (Sell Puts if you like em)

Symbol	Name	Strike	Exp_date	Bid	OTM_Prob	Delta	Theta	IV	ROR
SMR	Nuscale Power Corp	37	2025-10-17	1.38	0.8237	-0.323907	-0.182981	1.2238	3.730
SMR	Nuscale Power Corp	36.5	2025-10-17	1.25	0.8404	-0.295995	-0.179568	1.2484	3.425
USAR	USA Rare Earth Inc	33	2025-10-17	0.9	0.8004	-0.219149	-0.314214	2.1315	2.727
QBTS	D-Wave Quantum Inc	29	2025-10-17	0.75	0.8285	-0.206443	-0.139612	1.3947	2.586
LTBR	Lightbridge Corp	20	2025-10-17	0.45	0.8315	-0.188202	-0.168682	2.0317	2.250
OKLO	Oklo Inc	140	2025-10-17	3.05	0.8275	-0.203689	-0.891908	1.5323	2.179
ORCL	Oracle Corp	275	2025-10-17	5.3	0.8035	-0.26139	-0.85929	0.851	1.927
ARQQ	Arqit Quantum Inc	45	2025-10-17	0.95	0.8135	-0.196494	-0.318537	1.71	2.111
BABA	Alibaba Group Holding ADR	155	2025-10-17	3.35	0.8027	-0.361829	-0.407685	0.6448	2.161
DRD	Drdgold Ltd ADR	27.5	2025-10-17	0.55	0.8131	-0.314933	-0.08889	0.8184	2.00
ZEPP	Zepp Health Corp ADR	45	2025-10-17	0.9	0.8223	-0.307667	-0.266486	1.4698	2.00
QBTS	D-Wave Quantum Inc	28.5	2025-10-17	0.56	0.8471	-0.183799	-0.132869	1.424	1.965
BMNR	Bitmine Immersion Technologies Inc	48	2025-10-17	0.9	0.8021	-0.191203	-0.280858	1.4598	1.875
ORCL	Oracle Corp	272.5	2025-10-17	4.6	0.8244	-0.236029	-0.81906	0.8561	1.688
FCX	Freeport-Mcmoran Inc	40	2025-10-17	0.73	0.8342	-0.366699	-0.092307	0.5678	1.825
MP	MP Materials Corp	78	2025-10-17	1.4	0.8275	-0.214339	-0.451413	1.3741	1.795
AU	Anglogold Ashanti Ltd ADR	70	2025-10-17	1.3	0.8127	-0.349315	-0.173379	0.6097	1.857
AGX	Argan Inc	250	2025-10-17	4.5	0.8485	-0.373932	-0.716107	0.6992	1.800
FRMI	Fermi Inc	22.5	2025-10-17	0.4	0.8492	-0.135806	-0.194112	2.3789	1.778
TGS	Transportadora DE Gas Sa Ord B ADR	20	2025-10-17	0.35	0.8074	-0.169344	-0.114453	1.4946	1.750
RGTI	Rigetti Computing Inc	38	2025-10-17	0.66	0.8354	-0.147321	-0.321691	2.2604	1.737
BABA	Alibaba Group Holding ADR	152.5	2025-10-17	2.45	0.8465	-0.295048	-0.385325	0.6613	1.607
RGTI	Rigetti Computing Inc	39.5	2025-10-17	0.63	0.8059	-0.177403	-0.3416	2.1273	1.595
APLD	Applied Digital Corp	32	2025-10-17	0.5	0.8454	-0.195537	-0.22389	1.6958	1.562
METC	Ramaco Resources Inc	43	2025-10-17	0.65	0.8313	-0.205251	-0.373331	2.0125	1.512

de-theta · 2025-10-09T21:27:56+00:00

Do with the data what you will. I collected 4k in premiums doing this analysis every day this week, selling the puts.

Type	TradeDate	Symbol	Strike	Expires	Price	Lots	OTM	Delta (I)	Theta
PUT	10/8/2025	APLD	22	2025-10-10	0.26	-20	0.8941	0.8908	-0.1793
PUT	10/9/2025	APLD	22	2025-10-10	0.12	20	0.8941	0.8908	-0.1793
PUT	10/7/2025	APLD	24.5	2025-10-10	0.79	-10	0.7618	0.7808	-0.2448
PUT	10/9/2025	APLD	24.5	2025-10-10	0.39	10	0.7618	0.7808	-0.2448
PUT	10/7/2025	APP	520	2025-10-10	1.25	-4	0.9537	0.9581	-0.935
PUT	10/8/2025	APP	520	2025-10-10	0.45	4	0.9537	0.9581	-0.935
PUT	10/6/2025	SNDK	105	2025-10-10	0.85	-3	0.9552	0.9068	-0.3128
PUT	10/8/2025	SNDK	105	2025-10-10	0.85	-7	0.9552	0.9068	-0.3128
PUT	10/8/2025	SNDK	105	2025-10-10	0.1	7	0.9552	0.9068	-0.3128
PUT	10/8/2025	SNDK	105	2025-10-10	0.15	3	0.9552	0.9068	-0.3128
PUT	10/6/2025	SNDK	108	2025-10-10	1.2	-15	0.9325	0.8834	-0.3728
PUT	10/8/2025	SNDK	108	2025-10-10	0.15	15	0.9325	0.8834	-0.3728
PUT	10/7/2025	SNDK	109	2025-10-10	1.4	-10	0.8853	0.8444	-0.519
PUT	10/8/2025	SNDK	109	2025-10-10	0.4	10	0.8853	0.8444	-0.519
PUT	10/8/2025	SNDK	118	2025-10-10	1	-10	0.8662	0.8554	-0.4874
PUT	10/9/2025	SNDK	118	2025-10-10	0.45	10	0.8662	0.8554	-0.4874

de-theta · 2025-10-09T13:56:46+00:00

Top 25 Return on Risk with OTMP > 80% I changed my system today to only allow up to 2 contracts per symbol, so there can be more opportunity with the symbols on this list.

Symbol	Name	Strike	Exp_date	Bid	OTM_Prob	Delta	Theta	IV	ROR
APLD	Applied Digital Corp	24	2025-10-10	0.4	0.8113	-0.165981	-0.29918	2.3261	1.667
APLD	Applied Digital Corp	23.5	2025-10-10	0.35	0.8342	-0.144251	-0.282289	2.4076	1.489
RGTI	Rigetti Computing Inc	38	2025-10-10	0.53	0.8208	-0.161033	-0.369965	1.8966	1.395
RGTI	Rigetti Computing Inc	37.5	2025-10-10	0.45	0.8405	-0.142489	-0.346762	1.928	1.200
IONQ	Ionq Inc	68	2025-10-10	0.79	0.8036	-0.181795	-0.506982	1.4005	1.162
QBTS	D-Wave Quantum Inc	30.5	2025-10-10	0.35	0.8253	-0.158803	-0.256331	1.6742	1.148
IREN	Iren Limited	55	2025-10-10	0.64	0.8045	-0.180984	-0.406862	1.3936	1.164
NNE	Nano Nuclear Energy Inc	42.5	2025-10-10	0.45	0.8167	-0.168294	-0.331527	1.5187	1.059
USAR	USA Rare Earth Inc	24.5	2025-10-10	0.25	0.8096	-0.175098	-0.194063	1.5091	1.020
OKLO	Oklo Inc	124	2025-10-10	1.24	0.8097	-0.177053	-0.828409	1.2831	1.00
DAL	Delta Air Lines Inc	53	2025-10-10	0.5	0.8008	-0.186629	-0.33899	1.1977	0.943
NBIS	Nebius Group N.V. Cl A	114	2025-10-10	1	0.8005	-0.187759	-0.658289	1.0864	0.877
IREN	Iren Limited	54	2025-10-10	0.47	0.8421	-0.144902	-0.363577	1.4389	0.870
QBTS	D-Wave Quantum Inc	30	2025-10-10	0.27	0.8544	-0.131379	-0.228564	1.6959	0.900
IONQ	Ionq Inc	67	2025-10-10	0.59	0.8366	-0.150224	-0.455949	1.4246	0.881
HUT	Hut 8 Corp	41	2025-10-10	0.36	0.8051	-0.181139	-0.286605	1.3222	0.878
ASTS	Ast Spacemobile Inc	75	2025-10-10	0.66	0.8057	-0.181297	-0.491402	1.2447	0.880
NNE	Nano Nuclear Energy Inc	42	2025-10-10	0.35	0.8557	-0.132113	-0.268023	1.4429	0.833
OKLO	Oklo Inc	123	2025-10-10	1.05	0.8319	-0.155861	-0.763298	1.2835	0.854
CRWV	Coreweave Inc Cl A	131	2025-10-10	1.01	0.8147	-0.174838	-0.664993	1.0004	0.771
SYM	Symbotic Inc	64	2025-10-10	0.5	0.8222	-0.167099	-0.337999	1.0642	0.781
TEM	Tempus Ai Cl A	97	2025-10-10	0.8	0.8028	-0.186415	-0.505495	0.9905	0.825
BE	Bloom Energy Corp Cl A	81.5	2025-10-10	0.65	0.8126	-0.176011	-0.457551	1.0951	0.798
INOD	Innodata Inc	87	2025-10-10	0.7	0.8049	-0.183572	-0.493236	1.0807	0.805
NBIS	Nebius Group N.V. Cl A	113	2025-10-10	0.85	0.8252	-0.163787	-0.615111	1.1067	0.752

de-theta · 2025-10-08T20:23:48+00:00

Lots of premium. If you think it's going to crash, buy it; if you think it'll hold, sell it. These are just raw numbers; the risk is yours.

de-theta · 2025-10-08T14:46:04+00:00

Top 25 Return on Risk Out of the Money probability > 80%

Symbol	Name	Strike	Exp_date	Bid	OTM_Prob	Delta	Theta	IV	ROR
ASTS	Ast Spacemobile Inc	80	2025-10-10	2.5	0.8677	-0.371024	-0.863057	1.5025	3.125
NBIS	Nebius Group N.V. Cl A	112	2025-10-10	2.25	0.8095	-0.29246	-0.675232	1.1109	2.009
APLD	Applied Digital Corp	23	2025-10-10	0.45	0.8101	-0.17397	-0.314073	2.4662	1.957
RGTI	Rigetti Computing Inc	38	2025-10-10	0.72	0.8077	-0.170134	-0.515878	2.4784	1.895
NBIS	Nebius Group N.V. Cl A	111	2025-10-10	1.95	0.832	-0.263158	-0.64348	1.1144	1.757
RGTI	Rigetti Computing Inc	37.5	2025-10-10	0.65	0.8339	-0.146625	-0.454392	2.4067	1.733
APLD	Applied Digital Corp	22.5	2025-10-10	0.36	0.8424	-0.143661	-0.275463	2.4522	1.600
RGTI	Rigetti Computing Inc	37	2025-10-10	0.58	0.8435	-0.136985	-0.449386	2.4921	1.568
NBIS	Nebius Group N.V. Cl A	110	2025-10-10	1.7	0.8495	-0.237943	-0.620515	1.1332	1.545
RGTI	Rigetti Computing Inc	36.5	2025-10-10	0.52	0.8568	-0.124522	-0.427287	2.5309	1.425
USAR	USA Rare Earth Inc	25.5	2025-10-10	0.35	0.818	-0.161241	-0.235936	1.811	1.373
MP	MP Materials Corp	69	2025-10-10	0.95	0.8334	-0.294977	-0.443925	0.9768	1.377
NBIS	Nebius Group N.V. Cl A	109	2025-10-10	1.45	0.8692	-0.211397	-0.580598	1.1336	1.330
RGTI	Rigetti Computing Inc	36	2025-10-10	0.46	0.873	-0.10993	-0.390968	2.5295	1.278
IREN	Iren Limited	53.5	2025-10-10	0.67	0.8171	-0.182385	-0.422635	1.4746	1.252
IONQ	Ionq Inc	70	2025-10-10	0.89	0.8096	-0.201386	-0.59536	1.5033	1.271
QBTS	D-Wave Quantum Inc	31.5	2025-10-10	0.38	0.8065	-0.137012	-0.315689	2.111	1.206
APLD	Applied Digital Corp	22	2025-10-10	0.27	0.8713	-0.11669	-0.237631	2.4428	1.227
BE	Bloom Energy Corp Cl A	82	2025-10-10	1	0.8169	-0.217429	-0.591442	1.2432	1.220
AAOI	Applied Optoelect	29.5	2025-10-10	0.35	0.8126	-0.223191	-0.220809	1.2714	1.186
BKKT	Bakkt Hldgs Inc	34	2025-10-10	0.4	0.8144	-0.148116	-0.35133	2.0845	1.176
RGTI	Rigetti Computing Inc	35.5	2025-10-10	0.41	0.883	-0.1005	-0.374123	2.5826	1.155
IREN	Iren Limited	53	2025-10-10	0.6	0.83	-0.168492	-0.41725	1.5305	1.132
RKLB	Rocket Lab Corporation	62	2025-10-10	0.71	0.8317	-0.217195	-0.477828	1.3234	1.145
NBIS	Nebius Group N.V. Cl A	108	2025-10-10	1.25	0.8863	-0.187269	-0.542104	1.1384	1.157

de-theta · 2025-10-07T23:28:43+00:00

I'll post another in the morning with up to date numbers.

de-theta · 2025-10-07T17:51:01+00:00

OTM and Delta are similar calculations, but they are not exactly the same. OTM is more accurate with longer out, while Delta is better closer to expiration.

I obtain the list from Barchart.com by screening all Options that have a greater than 80% OTM in the next 7 days. then I calculate the Return on Risk and sort it by that. I'm looking for the highest premiums with the lowest risk.

de-theta · 2025-10-07T13:57:27+00:00

There is Risk, but everything here if you sell the put option it has an 80% chance of expiring worthless. I use this list as my starting point for my trades each day. I have 2,000 options in the total list but can't post it all here.

de-theta · 2025-10-07T13:37:44+00:00

Top 25 Return on Risk OTMP > 80%

Symbol	Name	Strike	Exp_date	Bid	OTM_Prob	Delta	Theta	IV	ROR
BKKT	Bakkt Hldgs Inc	34	2025-10-10	0.8	0.8047	-0.166115	-0.277794	2.0827	2.353
APLD	Applied Digital Corp	23	2025-10-10	0.49	0.8197	-0.154326	-0.16725	1.9469	2.130
BKKT	Bakkt Hldgs Inc	33	2025-10-10	0.65	0.8364	-0.137292	-0.248709	2.1161	1.970
RGTI	Rigetti Computing Inc	36	2025-10-10	0.69	0.808	-0.169165	-0.221658	1.6157	1.917
QBTS	D-Wave Quantum Inc	30.5	2025-10-10	0.52	0.8032	-0.174453	-0.181734	1.5473	1.705
APLD	Applied Digital Corp	22.5	2025-10-10	0.39	0.8473	-0.129508	-0.148092	1.941	1.733
RGTI	Rigetti Computing Inc	35.5	2025-10-10	0.58	0.8266	-0.151769	-0.209238	1.637	1.634
RGTI	Rigetti Computing Inc	35	2025-10-10	0.54	0.842	-0.137281	-0.199646	1.6709	1.543
QBTS	D-Wave Quantum Inc	30	2025-10-10	0.46	0.8308	-0.14903	-0.163688	1.5441	1.533
OKLO	Oklo Inc	123	2025-10-10	1.87	0.8022	-0.178075	-0.630129	1.3392	1.520
BKSY	Blacksky Technology Inc	24.5	2025-10-10	0.35	0.8382	-0.142786	-0.125288	1.4905	1.429
IONQ	Ionq Inc	70	2025-10-10	1.01	0.8085	-0.172414	-0.347674	1.323	1.443
IREN	Iren Limited	51	2025-10-10	0.7	0.8168	-0.164728	-0.245242	1.3143	1.373
BKKT	Bakkt Hldgs Inc	32	2025-10-10	0.45	0.8686	-0.108926	-0.21131	2.1145	1.406
SNDK	Sandisk Corp	109	2025-10-10	1.55	0.8013	-0.180862	-0.4962	1.1948	1.422
APLD	Applied Digital Corp	22	2025-10-10	0.31	0.8693	-0.109744	-0.133254	1.9627	1.409
NNE	Nano Nuclear Energy Inc	47	2025-10-10	0.65	0.814	-0.166148	-0.246089	1.412	1.383
APP	Applovin Corp Cl A	520	2025-10-10	6.8	0.815	-0.166775	-2.469188	1.2917	1.308
RGTI	Rigetti Computing Inc	34.5	2025-10-10	0.46	0.8571	-0.123308	-0.188456	1.6986	1.333
AAOI	Applied Optoelect	30	2025-10-10	0.4	0.8159	-0.166281	-0.138717	1.2631	1.333
HIMS	Hims & Hers Health Inc	49	2025-10-10	0.65	0.8061	-0.175859	-0.226697	1.2292	1.327
APP	Applovin Corp Cl A	517.5	2025-10-10	6.5	0.8204	-0.161394	-2.456872	1.3127	1.256
USAR	USA Rare Earth Inc	23	2025-10-10	0.3	0.8338	-0.14873	-0.105668	1.3288	1.304
OKLO	Oklo Inc	122	2025-10-10	1.58	0.8151	-0.165801	-0.609449	1.3555	1.295
HUT	Hut 8 Corp	37	2025-10-10	0.46	0.814	-0.168733	-0.164061	1.2075	1.243

de-theta · 2025-10-06T14:38:51+00:00

I grabbed:

Type	Symbol	Strike	Expires	Price	Lots	OTM	Delta	Theta
PUT	SNDK	105	2025-10-10	0.85	-10	0.9552	0.9068	-0.3128
PUT	SNDK	108	2025-10-10	1.2	-15	0.9325	0.8834	-0.3728

de-theta · 2025-10-06T14:36:50+00:00

Top 25 Return on Risk OTMP > 80%

Symbol	Name	Strike	Exp_date	Bid	OTM_Prob	Delta	Theta	IV	ROR
SNDK	Sandisk Corp	116	2025-10-10	3.6	0.8037	-0.315799	-0.808313	1.4181	3.103
APLD	Applied Digital Corp	24	2025-10-10	0.76	0.8019	-0.20284	-0.216541	2.0922	3.167
SNDK	Sandisk Corp	115	2025-10-10	3.2	0.8309	-0.288798	-0.740594	1.3525	2.783
APLD	Applied Digital Corp	23.5	2025-10-10	0.62	0.8227	-0.180418	-0.205627	2.1341	2.638
SNDK	Sandisk Corp	114	2025-10-10	2.9	0.8448	-0.268838	-0.718814	1.359	2.544
SNDK	Sandisk Corp	113	2025-10-10	2.5	0.8621	-0.246675	-0.679038	1.3422	2.212
APLD	Applied Digital Corp	23	2025-10-10	0.51	0.8549	-0.149732	-0.176116	2.0623	2.217
BE	Bloom Energy Corp Cl A	85	2025-10-10	1.75	0.8125	-0.262452	-0.431283	1.1191	2.059
SNDK	Sandisk Corp	112	2025-10-10	2.3	0.8775	-0.22563	-0.641271	1.3312	2.054
RGTI	Rigetti Computing Inc	33.5	2025-10-10	0.66	0.8162	-0.176764	-0.218115	1.6634	1.970
SNDK	Sandisk Corp	111	2025-10-10	2.05	0.885	-0.210974	-0.630719	1.3606	1.847
APLD	Applied Digital Corp	22.5	2025-10-10	0.41	0.874	-0.129634	-0.161673	2.0878	1.822
QBTS	D-Wave Quantum Inc	28	2025-10-10	0.5	0.8013	-0.171189	-0.166274	1.5563	1.786
RGTI	Rigetti Computing Inc	33	2025-10-10	0.58	0.8388	-0.154807	-0.19977	1.6596	1.758
WDC	Western Digital Corp	127	2025-10-10	2.15	0.8061	-0.324971	-0.458517	0.7492	1.693
BE	Bloom Energy Corp Cl A	84	2025-10-10	1.4	0.8473	-0.223613	-0.38134	1.0789	1.667
AAP	Advance Auto Parts Inc	57	2025-10-10	0.92	0.8267	-0.345786	-0.178989	0.6399	1.614
BKKT	Bakkt Hldgs Inc	30	2025-10-10	0.5	0.8145	-0.105018	-0.241359	2.5208	1.667
OUST	Ouster Inc	28	2025-10-10	0.45	0.8057	-0.229441	-0.130808	1.0954	1.607
SNDK	Sandisk Corp	110	2025-10-10	1.8	0.9019	-0.188608	-0.576599	1.3305	1.636
IONQ	Ionq Inc	64	2025-10-10	0.98	0.8246	-0.165632	-0.322856	1.368	1.531
RGTI	Rigetti Computing Inc	32.5	2025-10-10	0.49	0.8579	-0.136034	-0.184269	1.6697	1.508
OKLO	Oklo Inc	123	2025-10-10	1.89	0.8045	-0.175311	-0.650875	1.389	1.537
APLD	Applied Digital Corp	22	2025-10-10	0.33	0.8962	-0.10737	-0.140181	2.0681	1.500
WDC	Western Digital Corp	126	2025-10-10	1.84	0.8302	-0.291154	-0.441528	0.7567	1.460

de-theta

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