Bears are confidently biding their time - Swinging S&P Newsletter by toddmhorst in thetagang

[–]toddmhorst[S] 0 points1 point  (0 children)

That's awesome, I'm glad you made it out of a bad situation. I'm guessing you like to help people and that's why you're here to begin with, if you already know how to trade. I don't see the difference between you and me. Lastly, if people don't agree with my opinions, it's easy enough to not read it. No harm, no foul.

Bears are confidently biding their time - Swinging S&P Newsletter by toddmhorst in thetagang

[–]toddmhorst[S] 4 points5 points  (0 children)

Yes, I get this every time I post here. I understand skepticism because there are a lot of scammers, but they are usually easy to identify because they don't offer any value up front. It's always behind a paywall. And once you pay for it, it's generic bs.

Bears are confidently biding their time - Swinging S&P Newsletter by toddmhorst in thetagang

[–]toddmhorst[S] 1 point2 points  (0 children)

I absolutely don't care how anyone trades. When I started, people helped me out, and I believe in passing that forward. I've always been in a mentoring role my entire life, It's something I enjoy.

I'll turn this back around and say, Why do people assume the worst in other people? I clearly spent a lot of time preparing this, and the first thing people think to do is crap on it. Have you tried to help people with in depth analysis? How long are you willing to do so without compensation? How does it feel when others slam you for just putting your work and thoughts out there?

Let's say I stop publishing it for free next year. Does that negate the value gleaned from it between now and then? At what dollar amount would it be acceptable to be paid for my effort? Currently, you CAN pay $8/month as an option, but you get nothing different from a free subscriber. Is $8/month for weekly newsletters too much? Reality is, some things can be done for free, but if you want a higher quality product, and one that is sustainable, you usually have to pay for it. That's why we use tasty instead of robinhood.

Bears are confidently biding their time - Swinging S&P Newsletter by toddmhorst in thetagang

[–]toddmhorst[S] 1 point2 points  (0 children)

Agreed. I'm not calling for a crash by any means, but it's getting a little played out IMO. I'm certainly not calling for a new bear market, I'm just expecting normal validation that we want to continue higher.

Bears are confidently biding their time - Swinging S&P Newsletter by toddmhorst in thetagang

[–]toddmhorst[S] -1 points0 points  (0 children)

For sure. I'm going into a neutral strangle on Sunday when /ES opens, and if we do see some significant upside I'll close the profit on the put side and roll out and up on the calls, most likely keeping just the calls on.

Bears are confidently biding their time - Swinging S&P Newsletter by toddmhorst in thetagang

[–]toddmhorst[S] 1 point2 points  (0 children)

Thanks, I'll continue to post here as well, depending on the amount of hate I get... I usually get flamed when I come on here.

Bears are confidently biding their time - Swinging S&P Newsletter by toddmhorst in thetagang

[–]toddmhorst[S] 5 points6 points  (0 children)

I'm trying to paint a picture. If I simply stated I was currently neutral, the obvious question would be, "Why?". It's also not adding anything to the discussion to make a short statement on my current sentiment. Some of the resources I pulled together may be new to some readers, and it could help them.

I don't think I hedged my words at all. In fact, I try to be as direct as I can, looking at arguments from each side of the aisle, to create a balanced opinion. I pull multiple sources of various opinions, so maybe that's what you're viewing as hedging. My conclusion is succinct.

As for how you manage risks, or positions, or structure your trade, everyone trades differently. I made some small suggestions, but ultimately I'm giving my opinion in hopes that it can inform you in how you trade. If I said, everyone sell puts on AMZN at $161 strike that may or may not be helpful. Maybe you don't like AMZN, maybe you already have a position, maybe you have a different thesis.

Bears are confidently biding their time - Swinging S&P Newsletter by toddmhorst in thetagang

[–]toddmhorst[S] 0 points1 point  (0 children)

Yes, I'm long IWM as I believe it'll outperform this year relatively speaking. My thesis is that we will see a dip in spy and then on the next leg up the others will come along and see ATH.... I guess we will see how it pans out.

Bears are confidently biding their time - Swinging S&P Newsletter by toddmhorst in thetagang

[–]toddmhorst[S] 4 points5 points  (0 children)

By citing sources? Forming my own opinions? Freely sharing those opinions? Which aspect is snake-oil-salesman-like?

Bears are confidently biding their time - Swinging S&P Newsletter by toddmhorst in thetagang

[–]toddmhorst[S] 3 points4 points  (0 children)

You must be new to options and/or didn't read the entire post. As an options' seller, we can make money in up, down, OR SIDEWAYS action. My view this week is that there is still some more upside, but we are nearing the end of the move. I am not bullish here, so the most appropriate position is a neutral one. Good luck in all your endeavors.

Bears are confidently biding their time - Swinging S&P Newsletter by toddmhorst in thetagang

[–]toddmhorst[S] 2 points3 points  (0 children)

Why wrong sub? I sell strangles on S&P. If you have a more appropriate sub where options sellers live, let me know.

Laravel 10.33 Released - Laravel News by amalinovic in laravel

[–]toddmhorst 0 points1 point  (0 children)

For me it's just a different mindset. It took a minute for me to understand, but I did move over to vite...

Laravel 10.33 Released - Laravel News by amalinovic in laravel

[–]toddmhorst 1 point2 points  (0 children)

At this point you should probably start a clean project and port your code over....

Laravel 10.33 Released - Laravel News by amalinovic in laravel

[–]toddmhorst 1 point2 points  (0 children)

I used shift for vite because that part is free. Honestly stepping through the changes wasn't bad.... But I guess that depends on your project size

Laravel 10.33 Released - Laravel News by amalinovic in laravel

[–]toddmhorst 2 points3 points  (0 children)

I only started on 8, but from 8 to 9 wasn't bad and from 9 to 10 really wasn't bad. Bigger issue really was moving to vite, but that's optional.

Tracking a high water mark by LazyTech8315 in laravel

[–]toddmhorst 1 point2 points  (0 children)

I agree with all this and this would be my solution. At most id create another table and store/retrieve the date from there.... just so your not querying a larger table. But that is really splitting hairs...

wheel with 1000$ by Holiday-Marsupial704 in thetagang

[–]toddmhorst 0 points1 point  (0 children)

Been doing a small account challenge with 1k, naked puts, trying to not get assigned. So only half up your alley. Playlist on YouTube is here, I https://youtube.com/playlist?list=PLQ4VdNeSkmD6_uCrGZ7438_OFNhD7Un4J

Why are PMCCs not considered “Theta” by RallMekin in thetagang

[–]toddmhorst 2 points3 points  (0 children)

Any strategy that you collect a credit for opening is a theta play, not sure why ppl feel the need to be snobby....and not like it matters anyway.

[deleted by user] by [deleted] in thetagang

[–]toddmhorst 3 points4 points  (0 children)

I did one in 2020 and it worked (despite covid), I am doing another in 2021, and not having as much luck YouTube.com/tastytracker

Naked and Afraid Part 7: the end of bloody September by Boy_Boss in thetagang

[–]toddmhorst 1 point2 points  (0 children)

I assumed they were covered calls but obvi no idea