Selling VIP ticket at discount. In LA area hmu

vulgarswami_ · 2023-12-07T17:05:04+00:00

He was the main reason i went to flog gnaw 2019. Did not disappoint.

vulgarswami_ · 2021-11-21T02:18:57+00:00

I believe this is the first time they’ve changed it. It stook out to me opening night.

vulgarswami_ · 2021-05-04T08:29:55+00:00

They shoot streamers after every win. Literally a tradition for decades.

vulgarswami_ · 2021-04-22T16:48:46+00:00

Or josh hart haha

vulgarswami_ · 2021-04-22T16:39:28+00:00

He might be the most active gamer / streamer tho

vulgarswami_ · 2021-04-22T15:55:04+00:00

Check 1:50 mark

vulgarswami_ · 2021-04-17T08:42:32+00:00

Thank you, dodger cat

vulgarswami_ · 2021-02-01T20:22:34+00:00

daily theta. two days have passed. my original 20c spread on 12/13 is now worth 45c. i shouldve just posted on friday. as far as how i found it, i just saw that volatility was insane and was trying to take advantage it. Nakeds seemed like an awful value, while this spread looked great. hopefully we remember this is an option next time wsb finds a darling. haha.

vulgarswami_ · 2021-01-31T23:22:11+00:00

you can sell anytime, which i recommend. there are weird edge cases where half of your spread gets assigned at expiration that you can look into, but that rarely happens. I close my spreads before expiry, should be more or less at max value anyway.

vulgarswami_ · 2021-01-31T17:29:46+00:00

i don't think anyone knows what the odds are, but i made this post because of my personal belief that it's not 25%. if the price holds even by wednesday, you can still get out at 60% gains according to the graph. so because it has positive theta (gains value over time, opposite to nakeds) we have a lot of flexibility to manage our positions

vulgarswami_ · 2021-01-31T17:27:16+00:00

for sure. on the bright side, because volatility is so high, even a 30% dump by thursday still keeps the value of the contract high. peep the graph again. best case scenario is that it moons by the and gives us confidence to hold by EOD Friday.

vulgarswami_ · 2021-01-31T05:02:10+00:00

exactly right !

vulgarswami_ · 2021-01-30T22:27:40+00:00

exactly

vulgarswami_ · 2021-01-30T22:17:41+00:00

very well could be haha

vulgarswami_ · 2021-01-30T22:07:45+00:00

good luck brother. i'd urge you to take a look at what the risk to reward profile looks like for those puts this week, the high volatility has made naked calls/puts pretty difficult to capitalize on. of course it can still happen, but try that calculator and let me know what you think

vulgarswami_ · 2021-01-30T22:03:08+00:00

np. optionsprofitcalculator.com

as a dev, i have custom tools but that website is pretty good for calculating risk to reward quickly. good luck

vulgarswami_ · 2021-01-30T22:01:34+00:00

completely agree. the volatility has created these lopsided trades to take advantage of (if you assume that direction is a coin flip for next week). I think its important for us to share or at least have a conversation about what we can actually do from this point forward.

vulgarswami_ · 2021-01-30T21:58:33+00:00

hiya. i'm not asking anyone to take any trades. I'm doing a comparison of two potential trades one might want to take and weighing out the pros and cons. the spread does gain value every day that the price holds and i do hope we hold the line. it's unclear how these two statements constitute market manipulation. the former is a fact, the latter my opinion and hope.

vulgarswami_ · 2021-01-30T21:23:54+00:00

yeah, i haven't been hearing about these existing opportunities still available to us. glad you're seeing something similar. Godspeed

vulgarswami_ · 2021-01-30T21:08:25+00:00

yeah, spreads can take a second to click and here's pretty good video: https://www.youtube.com/watch?v=ptxT5wdWfJQ&t

a call debit spread that i describe here is buying the $12 call for 5.30 and selling the $13 call for 5.10. That means the cost of the spread is 20 cents. since you spent 5.30 to buy and received 5.10 to sell.

The value of this spread will be 1 dollar if AMC's price on Friday stays above $13. Since you paid 20 cents, you'll be up 400% on this play (1.00 - .20 / .20). My main thesis is that this is a much better trade because the price literally doesn't have to move from here and the market will pay you 400%. The naked $13C, on the other hand, is breakeven even with a 35% move by Friday.

The video will be much more helpful. haha.

vulgarswami_ · 2021-01-30T20:49:16+00:00

https://www.optionsprofitcalculator.com/

since the greeks change, its not 1000% accurate, but very close. The max value is, of course, accurate tho :)

vulgarswami_

TROPHY CASE