Recent content by SoCalOptionsWriter

I’m just looking at tax tables and my longterm rate is zero as long as my income stays under 96000 or 15 percent if under 400000. Nice side benefit of holding a LEAPS option.

I buy a LEAPS call or put and sell it a year later. i get a long-term gain or loss right? But what if I occasionally hedge it with short short-term calls or puts? Does my long LEAPS contract lose its long-term gain/loss status?

How does that differ from a short squeeze? Are all short squeezes gamma squeezes, at least theoretically? But not all gamma squeezes are thee result of short squeezes?

I guess what I don’t get is why the delta is -44 today for the Put in question but there is no way it is moving 44% of the underlying price move, especially during last week’s price spike. Should delta be considered at all for LEAPS? What would show me instead this probable lack of movement if...

I like the spread but wonder if this is now a less useful spread because of platinum’s declining utility. Thoughts?

Yeah I like short vol trades, too, after a spike, but I’m looking for before the spike.

Just looking for an options play on a specific scenario, guys.

Kamala does become president if Biden goes away somehow between now and Inauguration Day. After that? Different risk management play.

I don’t want to say it but you know what I mean. I don’t want to wake up one morning between now and Election Day and find out that Kamala Harris has just been sworn in because … So, how to play this, assuming portfolio or span, with options? 200k portfolio that all diversified stocks. I assume...

Sell some puts?

Opinions on how much lower it can go and for how long?