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Dammit, I keep neglecting this stuff while chasing after other things... got to get more conversant with it. :) OK: a married put is synth-eq to a long call (P + S = C), and a CC is just S - C (i.e., C - P - C, a.k.a. just a -P . Ugh.) Now it makes sense. Yeah, what I figured.

@MKTrader called it. The P&L graph for CCs is the same as for naked puts; if the price goes down past your basis, you lose. But you're also capping your gains; if, say, AAPL goes to 175 by then, you won't get to participate in anything past 160... and you didn't get enough credit to make up for...

Ditto every other strategy. If some golden ticket existed, everybody would be using it. In this case, selling a call at low vol was a basic mistake - not a failure of the strategy itself. The OP needs to read up on reasonable entry criteria and presumably a number of other things about how CCs...

Not to rag on you - what's done is done - but given the current level of volatility (nearly non-existent; AAPL specifically is 38.6% below its 252 day historical mean), this was not the best idea in the world. You got about $1.18 a day for 373 days, or ~3.5% annual return on $12.5k. The market...

Agreed - it's got that certain old-fashioned, pre-1917-revolutionary sound to it. Like "моцион", or "меценатство"... a bit odd-sounding to a Russian speaker today.

That one's a bit formal/antiquated. E.g., MOEX uses "опцион" in their docs, while the version I suggested is in more common usage these days, including in literature and speech (few people would use "опционы" in preference to "опции".) Either one would work, though.

Yeah, there's a number of options. :) Yep. Not too many who have native-level skill in both, but quite a number of Russophones here - including some really odd Ivan Vanko types, each cobbling up his own arc reactor. Kinda fun if slightly embarrassing to watch. :)

Correction: "вариант" ("version" or "variant") is the literal translation of "option", but that's not what's used for "option" in the trading sense. That would be "опция" (or more properly, the plural - "опции" (options).)

Took me a while to realize that it was an unstated but obvious premise in quite a bit of the options literature I've read, but yeah. The problem is that it takes a pretty good sized account to, say, short 100 straddles, hedge that position, and then trade against it - so a good bit of what these...

I think that's called "winning". The theoretical expectancy for the sum of all your wins and losses adds up to zero - but if you can manage to stave the latter off long enough, you get to die with all the chips. :D

Stagnation is only a small part of the P&L curve; all the rest of it, out to infinity, parallels a long position. For the purposes of @Overnight 's question, that was the closest equivalent.

Sorry to give you the bad news, ON, but selling puts is being long the market. His statement essentially works out to "if you're long the market, you're going to get punished."

You can make calls to external DLLs. Example here: https://futures.io/easylanguage-programming/3371-calling-external-dll-easylanguage.html

SPY/$SPXW.X and QQQ have plenty of liquidity, narrow spreads, and 3 expirations per week.

It's not a trade I'd make. First off, as @ajacobson noted, there's jack for liquidity - so you're paying an arm and a leg to get both in and out. (Both volume and O/I suck too, so there won't be much improvement during RTH.) Next, it's a 22D call for 1.80 over a 272d period, while a call in the...

I think you're imagining some sort of a distinction that doesn't really exist (unless it's what @Robert Morse mentioned above.) Whether you call it "trading contracts" or "trading options", the difference is purely descriptive - it all comes down to selecting what you want to trade and clicking...

Forums aren't "to" anything. They're a place where people can communicate - and while people usually don't mind, or even like helping others, no one wants to waste their time holding your hand through every little fiddly detail. You can pay someone for that, or you can do it on your own - but I...

If there are no bids on the long, you can just buy back the short leg. Note that if the stock makes a sharp move before expiration and that long goes in the money, you could still get assigned - but going from no-bid to ITM is not very likely.

Speaking of filtering out bullshit - thanks for the reminder!