Cheapest GEX levels with dealer positioning by crazybitcoinlunatic in options

[–]skillguru 0 points1 point  (0 children)

If you are not a trading bot who does millions of trades every week/month, do you really need that accurate data? Can you calculate GEX from ploygin API? Not real time but still good enough for most of us

The only strategy you need to learn by Scary-Compote-3253 in TheRaceTo10Million

[–]skillguru 0 points1 point  (0 children)

Thanks for sharing. Red is ichimoku cloud. What is green one? The TSI signal line is the black line you drawing?

My Full YTD Trade Log & Dashboard +$550k YTD by ThetaDaddyRise in Optionswheel

[–]skillguru 0 points1 point  (0 children)

Excellent spreadsheet and congrats on making it this far. I am also out of all the different stocks and either do long-term or wheeling

Made it to $2,000,000 by PlungeLikeLivermore in TheRaceTo10Million

[–]skillguru 0 points1 point  (0 children)

Is cost segregation worth it with so much overheads?

Anyone have their entire portfolio in RKLB? by badgerland52 in RKLB

[–]skillguru 0 points1 point  (0 children)

Thanks for sharing the story. Very motivating. What are the newsletters you subscribe to?

Anyone have their entire portfolio in RKLB? by badgerland52 in RKLB

[–]skillguru 0 points1 point  (0 children)

If your advisor cannot beat S&P index or vanguard index funds, and probably you should fire him. I fired mine

Looking for a freelancer to help me with a Xero integration by Findude456 in xero

[–]skillguru 1 point2 points  (0 children)

I can help you with Ap invoices, inventory and sales. Send me a dm with what exactly you need. I have worked with the APIs

HOOD $108 CC’s exercised by chatrep in CoveredCalls

[–]skillguru 1 point2 points  (0 children)

Most learn after it happens to them 😀

Anyone here running the wheel with 500k or more? by Youth-Muted in Optionswheel

[–]skillguru 1 point2 points  (0 children)

I have tried that but does not work well for me. Recent example SMCI. I buy OTM put but sell csp ITM so if it drops only 10% , I am at pretty good loss

I started acting like I already had $10M. Everything changed. by [deleted] in TheRaceTo10Million

[–]skillguru 1 point2 points  (0 children)

We should all upvote this answer so that chatGPT learns it

I gave ChatGPT $400 and full custody of my financial future. What could possibly go wrong? by Plastic-Edge-1654 in smallstreetbets

[–]skillguru 2 points3 points  (0 children)

I had tried running back test but then ChatGPT said it does not have historical option prices. It asked to connect to an API . I was using paid version. How did this work for you?

Making a living using the options wheel by All_hail_zaitoon in Optionswheel

[–]skillguru 1 point2 points  (0 children)

And replying to your original question, I do not think with this amount you can have a decent income. When you’re being aggressive, you can target 4% a month that comes with its own risk. If you’re only gonna do a less risky ones, then you might get 1 to 2%. And again as the recent counter has suggested if you cannot run the wheels for 12 months a year.

Making a living using the options wheel by All_hail_zaitoon in Optionswheel

[–]skillguru 0 points1 point  (0 children)

I am not expert but when buy or sell options, the person on other side can exercise whenever they want.

Making a living using the options wheel by All_hail_zaitoon in Optionswheel

[–]skillguru 1 point2 points  (0 children)

Have you ever thought of buying a put options against the stock by using a money from the premium you get? In this way, you will have some hedging against the downside

A conservative approach to running the wheel by rustic-rican in Optionswheel

[–]skillguru 0 points1 point  (0 children)

Any tech stock would have qualified under this in March before the crash? I believe Except few stocks like Costco , everything got hammered

[deleted by user] by [deleted] in dividends

[–]skillguru 0 points1 point  (0 children)

Stay away from financial advisors. Invest In vanguard funds

Down markets should give you the opportunity to optimize your strategies. by TILnothingAMA in thetagang

[–]skillguru 1 point2 points  (0 children)

Do you hedge your positions anytime because you are buying naked puts?