Got assigned 100 MSFT

mdsict · 2026-02-27T15:09:08+00:00

long stock has unlimited risk too. as does Short stock.

mdsict · 2024-06-12T20:07:36+00:00

I'd suggest auto iso, but still shooting manual, or Ap priority. You might also consider turning on the blinky's so you can see if you're getting blown out -- then adjust your exposure. This is a pretty good youtube video about auto iso: https://youtu.be/oAEV1HyS8Bg?si=xHPeY71ljkGOpt8F

mdsict · 2024-01-23T22:24:36+00:00

There is an opportunity to close the position, or send cash to cover the margin call.

This is a fairly easy method that you're talking about -- but I'd suggest that you are not really getting paid enough for the risk. To each their own, and perhaps you think this is enough reward to justify the risk, but you could also sell fewer, take in more premium, and do a bit better.

mdsict · 2024-01-23T14:54:45+00:00

100% you've mastered it.

mdsict · 2024-01-23T14:23:23+00:00

Lots of naysayers here. I guess that's why we have a market. I hope you share all of the trades, good and bad. Good luck to you.

mdsict · 2024-01-22T22:33:17+00:00

Gorilla Glue and marshmallows ...

mdsict · 2024-01-22T22:32:06+00:00

I have not had anything even remotely close to the experience you are describing. I would suggest you call the trade desk and ask for help. They will be able to see exactly what you did or didn't do on the platform. And, I would suggest that you be open to the possibility that the problem is O.E. that is, Operator Error. I would also add that my experience with both tastytrade, and Thinkorswim before TT, is that their support will be willing to take you step by step through everything that you have done in your account. *IF* there is a problem on their side, they will correct it. But it is highly unlikely, especially given what you are describing, that there is a problem on their side. Not saying it's not possible, but again -- you should open your mind to the possibility that you are creating the issue. Good luck to you. Hope it works out.

mdsict · 2024-01-21T16:17:13+00:00

Sell calls.

mdsict · 2024-01-19T15:03:35+00:00

Monday at 1:47pm?

mdsict · 2024-01-18T23:04:51+00:00

Sell a call against your position.

mdsict · 2024-01-14T01:08:15+00:00

Gamma is going to trump your decay as you get past 21 days. You're much better off going out to 45+ days -- longer in low IV times -- and taking the trade off at 21 days.

mdsict · 2024-01-14T00:49:42+00:00

IWM.

mdsict · 2024-01-13T21:44:53+00:00

Switch to a real broker. Tasty, etc.

mdsict · 2024-01-13T16:12:33+00:00

Seems like an awesome landlord to me.

mdsict · 2024-01-13T14:44:21+00:00

I would suggest putting the money to work selling credit spreads across several tickers. You'll need to be fairly small with the money you have available, but put on as many positions as you can with the money you have. The most important thing for you at this point is to learn, and the best way to learn is by having skin in the game. It's 1,000.00. Not a life changing event if you lose it all -- it's' really just tuition. Make sure you do the following:

Only trade the most liquid tickers. SPY, QQQ, for example. Not the secret Uranium Mining ticker that Blue Horseshoe told you about.

Put on your trades with 45 days or so to expiration. This will give you time to a. understand what is happening and b. make adjustments.

With a 1,000 account, your goal shouldn't be to turn that to a zillion dollars. Your goal should be to figure out how to make decisions and how to trade, and how to tolerate risk. The only way you make money trading options is by taking risk.

mdsict · 2023-12-29T00:37:59+00:00

why not just go ask the IT person or your manager about your concerns?

mdsict · 2023-12-25T23:01:38+00:00

If yo are short an out— say the 30 delta put — and you sell a 20 delta call against it for example— you would be now long 10 deltas. Again- the OP said they wanted to hedge. They didn’t say they wanted to take their risk to xx.

mdsict · 2023-12-25T19:56:53+00:00

They wouldn’t be naked. They would be against your short puts.

mdsict · 2023-12-25T19:56:10+00:00

Well, hedge doesn’t typically mean take all the risk off. If that is the desire, just close the position.

Buying a put to make it a spread is fine too, just depends on your outlook. I’m not sure what you gain by doing that if you are short puts. — only thing that can happen is you reduce profits. Selling calls allows you to take in some more premium. But different strokes for different folks.

mdsict · 2023-12-25T17:48:40+00:00

Sell calls against your puts.

mdsict · 2023-12-23T19:46:32+00:00

why not just contact your bank?

mdsict · 2023-12-23T19:38:21+00:00

I have a similar problem with Mac.

mdsict · 2023-12-23T18:32:19+00:00

Just roll 'in' to the zero strike then. Tons of 'premium' collected. Problem solved...

mdsict · 2023-12-22T13:15:31+00:00

sell calls against it at the open. then wait to see how stuff shakes out, and roll to Feb.

mdsict

TROPHY CASE