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  1. C

    What's with these strikes?

    I like the light mode better but i have a layover glare filter app for my screen that makes it more tolerable.
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    What's with these strikes?

    thanks
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    What's with these strikes?

    I'm sure there's some explanation? Anyone encounter this? From a split? A dividend?
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    i'm going to ask some noob questions and you're not going to make fun of me

    Unless you know something good like reddit is going to squeeze something.
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    Weekly Pin Butterfly Strategy

    @ffs1001 Thanks for the input. Do you have any screener or a certain set up you look for in a calendar - call or put? difference in IV between the options? I need to learn more about successful set ups with them. Until TWTR had been doing pretty well with them just looking for a big...
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    i'm going to ask some noob questions and you're not going to make fun of me

    From a buying power and leverage stand point buying the put is defined risk. The most you can lose is the premium you paid. Short selling the stock has unlimited risk to the upside. Can be managed of course with stops etc.
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    Weekly Pin Butterfly Strategy

    Week 5 Update - Total Calendar Spreads SOlO $9 put calendar -2/12/21 +2/19/21 enter @ $0.40 exit at $0.32 -$0.09 TWTR $47 put calendar -2/12/21 + 2/26/21 enter @ $1.09 exit at $0.26 -$0.83 Total p/l -$0.92 Weekly Flies all 2/12/21 PENN 1:3:2 call 116-122-125 @ $1.21 exit at $0.40 -$0.81 FUBO...
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    Selling short straddles is like printing free money convince me I'm wrong

    I think there is a definite risk of ruin and blowing up your account but if you have a strategy based on selling straddles with solid risk management - hedging with wings - reverse gamma scalping - managing your run away deltas and gamma risk it can probably be as viable as anything else. If a...
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    BTC - what I do with my earnings

    I don't know. Peter Schiff says it's going to zero and you know he's been right about everything.
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    Weekly Pin Butterfly Strategy

    Added GME 2/12/21 1:2:1 put fly 55-50-45 @ $1.50
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    Destriero - Butterfly Trades

    . I like the butterfly in a shorter couple day play in the weeklies. The higher the IV the cheaper the fly and the better the R/R day traded one in TSLA last Friday. Fills aren't great and probably better execution in the more liquid ETFs .
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    Selling short straddles is like printing free money convince me I'm wrong

    An Iron Butterfly is a hedged short straddle. You're selling the straddle and buying wings. You can place them far OTM if you like but it makes it much more affordable to put on the straddle as your BP is less and your risk of catastrophic blowout is much lower.
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    Selling short straddles is like printing free money convince me I'm wrong

    I believe the short straddle has an edge as implied volatility trends higher than realized volatility. But it's how do you hedge and protect against blowout risk? Gap risk? a 4SD move? You can reverse gamma scalp as the underlying moves away but why not just buy some wings to limit your risk...
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    Tradezero - Execution problem

    Maybe day trade but don't begin till after the opening volatility is over. Not sure what your strategy is but there are probably other set ups that you can use to avoid the wide markets on the open.
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    Weekly Pin Butterfly Strategy

    Week 5 Update Entered the following flies this morning all 2/12/21 expiration PENN 1:3:2 call 116-122-125 @ $1.21 FUBO 1:3:2 call 47-50-51.5 @ $0.50 DDOG 1:3:2 call 116-120-122 @ $0.41 AAPL 1:3:2 call 136-140-142 @ $1.00 BYND 1:3:2 call 170-175-177.5 @ $0.85 All around highest OI strike. Long...
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    Family of Robinhood user who died by suicide sues company

    Suicide is always a permanent solution to a temporary problem.
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    Weekly Pin Butterfly Strategy

    Week 5 Entered two calendars today playing off the difference in IV from front to back months. TWTR - Sold 2/12/21 57 put Bought 2/26/21 58 put @ $1.09 SOLO - Sold 2/12/21 9 put bought 2/29/21 9 put @ $0.40
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    Calls vs Synthetics

    3.? Poor man's covered call. Buy the 2 year leap sell a call against it every couple of months over the next two years.
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    AMD

    Not sure but I like the 1:3:2 call fly 87-90-91.5 @ $0.65 for a low risk play for this week. Lots of OI at the short 90 strike.
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