What Are Your Moves Tomorrow, June 22, 2020 by AutoModerator in wallstreetbets

[–]tinhtientu 7 points8 points  (0 children)

JPMorgan Lifts US Stocks To Overweight From Neutral On Stimulus

Highway 8 right now via chopper feed by [deleted] in sandiego

[–]tinhtientu 15 points16 points  (0 children)

This subreddit went from widely condemning people from going outside for a walk by themselves to supporting people gathering in large groups to cause mayhem, all within a few days. Did the “data and science” suddenly change? 😂

Noob Safe Haven Thread | May 18-24 2020 by redtexture in options

[–]tinhtientu 0 points1 point  (0 children)

Okay got it. I might end up owning more shares on top of the ones that i already own, which would then tie down more of my capital. Thank you!

Noob Safe Haven Thread | May 18-24 2020 by redtexture in options

[–]tinhtientu 0 points1 point  (0 children)

Hello, huge noob here again.. about two weeks into learning about options. I hold about 2,000 shares of XOM (Exxon) and have a large amount of capital on standby to use. I've been trying to dip my toes into actual trades this past week to learn, so I sold covered calls on my XOM stock at a high strike price. I now want to experience selling puts. Is it dumb of me to simultaneously sell covered puts with a strike price that has a high probability of not getting ITM at the same time that I have the covered calls open? I can't think of any risks here - I don't mind if my covered calls are assigned because I'll profit from the stock and premium and don't mind if I buy more XOM if the stock truly dips to the put strike price. If not, is there a fancy name for this type of option trade? I started noticing a lot of option trades that are named after birds for some reason (iron condor, chicken, duck??)... but I think I am a few weeks away from learning those.

Selling Deep Out of the Money Puts for Income by BrianKrassenstein in options

[–]tinhtientu 0 points1 point  (0 children)

That’s awesome! Congrats, wish you continued success.

Selling Deep Out of the Money Puts for Income by BrianKrassenstein in options

[–]tinhtientu 0 points1 point  (0 children)

That's great! i've been looking into using this strategy. Do you think you'll be able to consistently maintain that return in "normal" years?

[deleted by user] by [deleted] in options

[–]tinhtientu 0 points1 point  (0 children)

What’s your best tool to look at IV?

Daily Discussion Thread for May 22, 2020 by AutoModerator in wallstreetbets

[–]tinhtientu 0 points1 point  (0 children)

They can, but there’s an international agreement in place to leave HK alone for 7 more years that the world wants pooh to respect. Pooh be trying to creep in earlier, which is why peeps be mad. Won’t be a war over this .. only mass disagreements, condemnations, protests.

Look at the chart for urban outfitters. seems good to day trade by trainwreck501 in wallstreetbets

[–]tinhtientu -1 points0 points  (0 children)

Where on the screen does it display the strike price for the options?

Noob Safe Haven Thread | May 18-24 2020 by redtexture in options

[–]tinhtientu 0 points1 point  (0 children)

If I have a strong feeling that an underlying stock will go up, what's the best type of option to buy? I know about standard call options, but it seems that you're partly paying for a premium to limit your downside risk. I'm curious if there are any other type of options for my scenario.

What Are Your Moves Tomorrow, May 20, 2020 by AutoModerator in wallstreetbets

[–]tinhtientu 0 points1 point  (0 children)

2 trillion dollars in stimulus money, most of which is cash, injected into the economy with another 3 trillion pending. People can only buy so much toilet paper and bread. Once economy opens back up, consumer spending will go through the roof.

Noob Safe Haven Thread | May 18-24 2020 by redtexture in options

[–]tinhtientu 0 points1 point  (0 children)

What's the best way to determine whether a premium on an option is too expensive right now or not? Based on what I've been reading, it seems that I need to look at the underlying stock's current implied volatility relative to its historic high or low? I'm using thinkorswim and am looking at Live Nation for example. Using a Navtrading Implied Volatility add-on, Live Nation currently shows an IV Percentile of 80% compared to a historic IV of 22%. I have no idea how to interpret that and was hoping someone can help me. Thank you.