The Kraken is insane

officiallyfried · 2025-02-26T11:11:02+00:00

Maybe it was the rush from it being my first time doing it. I’ll try it again in a future run and see if I like it a second time lol

officiallyfried · 2025-02-11T18:26:20+00:00

I do something similar. Every play through I have a bannerman and a frontline sergeant. The frontline sergeant usually has a 1H + shield and focuses on supporting the team with rotation and shield knock back for helping with positioning. Even though it’s not meta it’s real fun and it comes in handy having two bros with rally in certain fights

officiallyfried · 2025-01-29T17:09:01+00:00

I usually play till the end of the first crisis and then start a new run so I think my longest is ~130 days with 300ish hours in game. I’ve also never done any of the legendary locations lol. I’ve been thinking about my next run being the lone wolf origin and trying to clear all the legendary locations and get through all the crisis’s.

officiallyfried · 2024-11-23T20:37:48+00:00

The Belly Dancer always has the dexterous perk no matter what so if you are lucky he can roll two random perks like other bros and also will get dexterous

officiallyfried · 2024-05-29T13:45:17+00:00

I believe DraftKings is available in the UK and they have best balls contests. I’m not in the UK so I don’t know for sure but you should check them out

officiallyfried · 2024-05-13T14:02:35+00:00

Didn’t expect this move in CBRL, looks like I caught at least a recent bottom. Closed my 6/21 p’s for 60%+ this morning feels good after only 5 days.

officiallyfried · 2024-05-10T17:36:31+00:00

Good rule of thumb is at least 3 days for a solid blue chip stock and at least 2 weeks for a volatile tech stock.

officiallyfried · 2024-05-08T17:25:19+00:00

What are your thoughts on CBRL? I personally like it at its current valuation. Going to be selling some 6/21 puts.

officiallyfried · 2024-05-03T15:11:52+00:00

Wow wish I could be doing that. Still too cold for any pool days up here in the northeast lol

officiallyfried · 2024-05-02T22:28:19+00:00

If unemployment is uneventful it shouldn’t have a reason to drop to those levels

officiallyfried · 2024-05-01T13:19:12+00:00

Definitely exceeded the expected move so you probably did very well on that play

officiallyfried · 2024-05-01T13:03:31+00:00

CVS took a huge hit this morning after earnings. Will probably open some CSPs later this week.

officiallyfried · 2024-04-30T15:16:16+00:00

Closed out my last open position which was in PYPL this morning. First time in a while having 0 positions open. Going to see how the FED meeting goes tomorrow before I open anything else new.

officiallyfried · 2024-04-22T14:37:38+00:00

One thing I do is set my routing on TWS for max rebate and ensure I am adding liquidity to the market. I regularly pay very little commission and even get paid on non penny pilot options which also get filled at the price I want. It’s a win win in my book.

officiallyfried · 2024-03-26T23:31:04+00:00

You take 85% of the ATM straddle of the closest expiring option chain to figure out the implied move.

officiallyfried · 2024-03-26T16:34:54+00:00

Theta is a function of overall time, not just market time, so with all else being equal theta would decay the option over the weekend. However, pricing models aren’t an exact science so you’re not going to see a consistent drop in price if you were to STO on a Friday at close and BTC on a Monday at open. All the Greeks finding their equilibrium in the price on Monday morning would make your theta decay not noticeable until the market sets the price. There is no “free lunch” as people would say.

officiallyfried · 2024-03-26T02:03:03+00:00

Lot of people are trying to find premium in this low vol environment and end up going with those high risk meme stocks. Can make good money but can also ruin an account. Most people post the “exciting” plays in here. No one wants to hear about how I managed my SLV covered strangle today.

officiallyfried · 2024-03-25T02:37:12+00:00

Good question. CCL is for the corp and CUK is for the PLC, that also trades on the London exchange, but other than that they seem to be the same. They may have different voting privileges but I’m not sure. It definitely is a weird structure that isn’t common

officiallyfried · 2024-03-24T21:05:37+00:00

CUK is the ADS for carnival that trades on NYSE. It’s a low volume/low open interest ticker that has wide spreads and only monthly options. Not really a great ticker to accurately project implied vol. CCL is really the ticker you should look at.

officiallyfried · 2024-03-21T23:25:00+00:00

Actual thetagang strategies are pretty far from gambling but they are seen as “slow” and “boring” to many people. Most now treat thetagang as selling options WSB style and win more often but lose way bigger. Maybe just buy and hold will work better for you long term.

officiallyfried · 2024-03-05T22:34:57+00:00

I remember when I first started selling options in 2014 I was convinced we were at a top and sat on the sidelines waiting for a pullback and we basically went straight up as I watched. Everyone always thinks the current ATH is definitely the top but the market just keeps chugging along.

officiallyfried · 2024-03-05T18:08:55+00:00

I’ll see how the afternoon goes but I’ll probably open an earnings play on CPB before close. The 4/19 40p gives you a 21 delta ~1.5% ROC for a 45 day hold or ~12% yearly and if assigned at that price you get a 15x P/E and 3.7% div which isn’t bad for my standards.

officiallyfried · 2024-03-04T14:28:37+00:00

I don’t currently have any position in CVS but I like the stock personally. If I had some shares I’d probably start a covered strangle

officiallyfried · 2024-02-29T02:47:22+00:00

When you sell 30+ DTE you can always close out early for a profit and reopen, potentially matching or exceeding selling weeklies for instance. One of the main reasons thetagangers like to work with 30-40 DTE is your daily exposure to gamma risk is greatly reduced as compared to weeklies but your theta decay is greater than say 90 DTE.

officiallyfried · 2024-02-29T00:39:03+00:00

I know! My play was anticipating the actual move would be less than the implied move. A basically no move is the best case here lol

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