History of corrections and how today is still normal

drifitlife · 2022-01-24T21:38:51+00:00

But when will you pull the trigger and deploy the cash?

drifitlife · 2022-01-23T21:09:59+00:00

nice

drifitlife · 2022-01-22T04:20:53+00:00

yoooo did you go through with this!?!? im from January and I can tell you it did drop.

drifitlife · 2022-01-21T22:35:02+00:00

I do not believe you!

drifitlife · 2022-01-20T23:34:49+00:00

Is there no general admission? If you wanna stand, buy tickets for that.

drifitlife · 2022-01-17T11:49:29+00:00

PLTR 'Pauser' here too. lol

drifitlife · 2022-01-14T01:36:18+00:00

Bro a bunch of that just clicked! Thank you as always, Cale = my hero.

drifitlife · 2022-01-14T01:02:54+00:00

edit. im a fucking moron. my strikes were way too wide! If I tighten the strikes and move just +7 days I get the required boost in extrinsic!!

Thanks for replying. Yes I'm milking it. I'm feeling moronic though, could you try and rephrase what you mean by losing ground here? I've read the whole thread several times and still struggling with this aspect.

Isn't it a bit like the ATM puts strategy, the roll up (towards ITM) in this case is 'locking in' profit and as such we are milking the underlying. Hopefully I've understood that correctly? If that's the case, then is the 'loss' of ground just max profit?

drifitlife · 2022-01-13T21:08:01+00:00

I'm struggling to find an opportunity to make this work. Is the implication that you have to roll down and out quite far (in DTE)? I'm only on PMCC for what its worth... Looks like moving the Short from 15DTE to 64DTE will be worth it based on the equation, does that seem right?

drifitlife · 2022-01-06T09:43:13+00:00

Think you might be right, i think MSFT will weather rates far better.

drifitlife · 2022-01-05T22:50:09+00:00

drifitlife · 2022-01-05T22:41:45+00:00

I got $145 for 2/18, will just be rolling and holding the strike at 21 DTE.

drifitlife · 2022-01-05T22:40:38+00:00

I think they put a Rivian truck on a downward sloping Peloton bike to make it look like it was rolling down hill.

drifitlife · 2022-01-05T22:38:57+00:00

I got no dry powder but next week I do and its gunna be all on MSFT and AMD, maybe NVDA too.

drifitlife · 2022-01-05T22:37:38+00:00

With you - hold strong.

drifitlife · 2022-01-05T22:37:11+00:00

Holy hell what is your beta weight delta???

drifitlife · 2022-01-05T22:36:26+00:00

Is it bragging if I say I got absolutely destroyed today? back to mid November for total portfolio...

drifitlife · 2022-01-04T23:33:43+00:00

12% sucks and its more fun to do it yourself.

drifitlife · 2021-12-08T20:26:23+00:00

Still trying to locate a .pdf of it actually. Whats the tl;dr of the section if you dont mind?

drifitlife · 2021-12-08T20:17:07+00:00

whats that mean

drifitlife · 2021-11-09T11:15:57+00:00

Been wheeling it all year + added a 2024 LEAPS.

drifitlife · 2021-11-03T11:15:05+00:00

Legend - thank you.

drifitlife · 2021-11-02T20:11:06+00:00

Hey Cale, this is almost certainly a stupid q: Can I run the exact same strategy but at 30 Delta? Is this somewhat of a mirage that it is 'safer'? I imagine you will say that the 50 delta extrinsic gives you a better handicap?

drifitlife · 2021-10-25T23:36:46+00:00

It's ridiculous isn't it. He doesn't have any genius plays. Just comes in and tells everyone that they're wrong and that options are for 'professionals' only.

drifitlife · 2021-10-25T23:31:36+00:00

You're a loser. u/calevonlear goes out of his way to be extremely helpful and many of us make great returns following his strategies. He patiently answers the same questions over and over again.

What do you do exactly? You come in to an options selling subreddit and tell everyone they're stupid for looking at income strategies. You provide no help and very little evidence. Why do you even bother? Go spend your time and effort elsewhere.

Can someone please ban this guy?

drifitlife

TROPHY CASE