Recent content by vwman111

Was that a day trade? Or did you open that position yesterday on the spike? Will you look to re-enter the same strike on the next strong upwards movement? Or, pick a new strike based on delta?

Are you able to make your weekly premium om 100 contracts? do you write/close them multiple times each week? Still trying to determine the path of my errors. i usually write once a week and the close or roll for the next week. While i try to write a CC on strength, i don't open and close...

I'm clearly doing something wrong. Back in 2022 i had the capital to have these kind of weeks. flew too close to the sun trying for a $1m /week on BPS....lost most of my capital. learned a lesson the hard way. now i can't imagine being able to have 6 figure weeks. I seem to be luck to get...

that's in 10 days??? Respect!

IV spike on earnings can't come soon enough. Can't recall premiums being so low.

Been there, done that. lost more money than i started with. don't over leverage, don't get greedy, don't get overconfident....none of the stock analysis that we are all doing now will save you from those 3 fundamental problems!

Welcome Back Yoona. I've been on this thread since the start, lurking in the background and doing my weekly premium selling. Do you close your position once it is less than 2 STEDEV? My assumptions based on some of your posts yesterday is that you would have stayed in those -c280s...

I have some June 24 300 Leaps. Is there a strategy around rolling these? Given how far they are OTM, how long should i hold on to them before rolling? I assumed i should roll at least 1 year out. What aobut position size and strike? Prioritize position size and go further OTM? Roll flat with...

I have some June 24 300 Leaps. Is there a strategy around rolling these? Given how far they are OTM, how long should i hold on to them before rolling? I assumed i should roll at least 1 year out. What aobut position size and strike? Prioritize position size and go further OTM? Roll flat...

New CEO for Twitter. Watch out on the CCs!

At this point, I can't find any roll for a credit. Mid point shows a credit and then as soon as i place the order, midpoint becomes a debit. So furstrating, it feels like paying money to roll is throwing good money after bad...

Is anyone looking at rolling deep ITM BPS forward and down? I have Jan 24 -340/303.33P that get assigned every day this past week. It looks like i can roll down to Mar 23 240/203.33. Huge risk that it is only 3 months out, however being 1 year out seems not to be any safer. Puts the BPS back...

Thank you, I'm currently sitting on Jan 24 BPS at various strike levels in the 300s. They seem be assigned on a regular basis. Trying to decide what scenario will reduce the chance of assignment. My understanding is once they are assigned, and if one is already tight on margin, then you...

How is everyone dealing with their deep ITM BPS that are being exercised? 1. Try and roll out an extra year, flat or slightly more ITM for a small credit? 2. Stay in LEAP territory, but roll down to be less ITM for a debit? 3. Roll to Jan - Mar 23 timeframe, and hope and pray ther is a bounce...

I keep getting hit with margin calls down at this level. It pains me to be selling and taking a permanent loss for what hopefully is a shorter term bottom. Was wondering about selling a portion of shares, and buying leaps to free up some cash to take pressure off margin calls and end up with a...