Thetagang reddit.

Don't Get Your Holding Period Reset When Wheeling! The Tax Implications of Covered Calls Covered CallADMIN MOD. I’m debating just moving everything into TQQQ. I’ve been theta-ganging for about 2 years now. A lot of the standard wheel stuff but mostly holding shares of good companies and selling CCs for premium. I used to have a ton of LEAPS with CCs sold against them on a bunch of different companies, but right now my entire portfolio is ...2- ARVL. 100 BBIG only costs 319$ right now, and weekly calls just out of the money have been going for 15-35$. Puts around the same. If anyone knows of a stock that you can make more than that in call premiums per week for that cheap of an entry point, let me know lol.Bill Nye the "Science Guy" got torn to pieces for his answer on Reddit. So we did his homework for him. Apparently, this is a question people ask, and they don’t like it when you m...

1 Dec 2023 ... ... reddit.com/r/ryeander/comments/188hbrn/account_balance_nov_302023/?utm_source=share&utm_medium=mweb. Last 4 week my account: +12.7%. Last 4 ...

Canadians interested in investing and looking at opportunities in the market besides being a potato. Discussion is geared towards investment opportunities that Canadians have access to, including questions regarding individual companies, ETFs, tax implications, index investing, and more!

If you use that premium to reinvest and sell options even more, yes, it’s a viable growth strategy. The problem is once people start to feel like they are winning consistently (like example, sell 10 delta and collect 0.05% on low IV stock), they want to risk it more (sell 25 delta to get 0.25% on stock that has a bit elevated IV), that’s ... 6. No crypto. 7. Memes can be deleted if they are not funny. Sidebar. We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌. Please be civil in your discussions, no WSB language or swearing allowed (automod watches your language on this sub). No spamming of discord links, patreon links, referral codes or paid ... Theta and theta decay are the core of any premium selling strategy. Pretty much any trade I make has the amount of theta and premium I collect in mind. A simple method I use is to make trades based on the credit received. A $10 wide put spread should collect around $150 for a month. Theta Gang is definitely a solid strategy for generating consistent premiums in a range-bound market. Keep up the good work and may the Theta Gods continue to bless your trades! ... Welcome to FXGears.com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in …After "donating" over $1,500 to the market learning options, I've reached the point where I'm done allowing my portfolio to bleed money. I came across Theta Gang after speaking with someone about how they are where all the money WSB losses goes to and shortly after found this group.

11 Jul 2023 ... r/thetagang Current search is within r/thetagang. Remove r/thetagang filter and expand search to all of Reddit. TRENDING TODAY. Search for ...

It’s called iron condor. Call and put credit spread. OG-chinatownbets. • 7 mo. ago. Started following @OnlySPXFans on Twitter who plays daily 0dte credit spreads on SPX. Starting to pick up strategy as it seems based on price action and trend. So I'll do my own analysis and follow along if I agree with trade.

10k to 100k in 5 months. 23k in deposits and 67k in steady profit from theta. After getting cleaned out from buying options I read a lot of the advice in here and learned how to effectively switch sides and sell options. First and foremost I recognize gains of this magnitude are attributable to the high IV environment we're currently in, and ...The "thetagang approach" is an extremely unsophisticated[1] option selling strategy even in the realm of retail trading. If I were you I would spend some effort on actually learning about options, options strategies, and how to implement options selling strategies. Reddit's Goth Community, for goth music and subculture! Please check out our Wiki which features the rules and FAQ, and our sidebar which features many resources on goth music, (including recommendations and playlists) fashion, history, and scene. Beat the capitalists at their own game with ThetaGang 📈. ThetaGang is an IBKR trading bot for collecting premium by selling options using "The Wheel" strategy. The Wheel is a strategy that surfaced on Reddit , but has been used by many in the past. This bot implements a slightly modified version of The Wheel, with my own personal tweaks. Adjust the legs to fit your personal risk vs reward, e.g., move the long legs in to 5 point spreads vs 10. If you are ready, select all legs and place as a single LIMIT order= Iron Condor. It will fill after a few minutes, as the LIMIT order seeks the combination of costs to fill it. Notice the combined Theta on the fill.

29 Jul 2022 ... Opinions on my Theta Gang Strategy. · it is much better to sell vol on stocks where IV is low, this is well documented- see Euen Sinclair's ...Typically I use margin to sell cash secured puts on TSLA that is anywhere from $50-$100 below the current stock price, with the expiration typically 6 weeks out, and usually closing the option at 50% profit, or rolling the option near expiration if I'm underwater. Typically I'll only use 60% of my account size in margin, because I don't want to ...GDX, XLU, and XLF are 3 of my favorite to trade options with in general right now. Honestly, I'll probably just be trading SPY, ES, or SPX, etc when my account gets a bit larger. My 401k that's 100% SPX fund beats the pants off any options shenanigans I can come up with. I’m up 180% on pltr calls.THETA GANG. v 4.25.0. Login / Register. SOUN. 46.7 % TSLA. 3.9 % MARA. 21.7 % RIVN. 6.3 % CLSK. 23.9 % GOOGL. -4.4 % HOLO. 81.5 % NVDA. 0.3 % BITF. 19.2 % …In today’s digital age, having a strong online presence is crucial for the success of any website. With millions of users and a vast variety of communities, Reddit has emerged as o...Why is there this large spread between bid and ask on certain rolls? I expect that the answer is math, enlighten me on the hows and whys if you can! More than likely it is the Mar 15 is a monthly expiration date with more volume, and the Mar 22 is a weekly with less volume. More volume usually results in better liquidity and tighter spreads . . .

Let me know your thoughts on it. It underperforms than just holding TSLA. I am [edit: NOT] going anywhere close this one. They don't own the actual TSLA stock, it's a synthetic ownership. Check out this video that came out a few days ago: Yield trap. It is a "no" for me. I trade tons of TSLA daily but don't want that.20 May 2022 ... Your performance depends on your strategy and there's no way to say what the best strategy is because every market environment is different. The ...

I sell almost all at 30 delta in general. 93% win rate. Up over 40% YTD just over 800 positions entered. Complex_Mention_8495. • 2 yr. ago. I am wheeling only for about 2 months with ~10k US$, which basically results in three legs. I am rather cautious selling CSP way below a Delta of 0.3. More in the range between 0.15 and 0.25.From Google Contributions to traditional IRAs are tax-deductible, earnings grow tax-free, and withdrawals are subject to income tax. Contributions to a Roth IRA are not deductible, but withdrawals are tax-free if the owner has had a Roth IRA account for at least five years.Beat the capitalists at their own game with ThetaGang 📈. ThetaGang is an IBKR trading bot for collecting premium by selling options using "The Wheel" strategy. The Wheel is a strategy that surfaced on Reddit , but has been used by many in the past. This bot implements a slightly modified version of The Wheel, with my own personal tweaks.GDX, XLU, and XLF are 3 of my favorite to trade options with in general right now. Honestly, I'll probably just be trading SPY, ES, or SPX, etc when my account gets a bit larger. My 401k that's 100% SPX fund beats the pants off any options shenanigans I can come up with. I’m up 180% on pltr calls.BlackBerry said Monday that it wasn't aware of "any material, undisclosed corporate developments" that could rationally fuel its rally. Jump to BlackBerry leaped as much as 8.2% on...The wheel is not meant to be a delta play, it is really a short volatility strategy which benefits from theta (as all short vol strategies do). You trade the wheel to collect the vol premium imbedded in options. It’s not meant to outperform buy and hold. If you want deltas buy calls, bullish spreads or straight shares.However I then saw a the GT Zaskar LT Expert for $1,260 (MSRP $2,100) and the Elite model for $1,080 (MSRP $1,800) These seem like a good deal to me however I am not sure If the $300-400 gap is worth it against the Marin San Quentin 1 or should i break the bank and get the San Quentin 2 for $1,399.At the end of Power Play, the two gangs that stayed loyal will each grant an ultra-powerful Raider Perk. And I've read a ton of well-meaning but mistaken content on what two gangs the player should go for. The three gang perks are as follows: Favoring the Pack grants you 25% global damage resistance, and a 25% damage bonus in melee combat.I sell almost all at 30 delta in general. 93% win rate. Up over 40% YTD just over 800 positions entered. Complex_Mention_8495. • 2 yr. ago. I am wheeling only for about 2 months with ~10k US$, which basically results in three legs. I am rather cautious selling CSP way below a Delta of 0.3. More in the range between 0.15 and 0.25.Real estate is often portrayed as a glamorous profession. Real estate agents, clients and colleagues have posted some hilarious stories on Reddit filled with all the juicy details ...

I have a google sheets I recently started for the wheel. Def Need column for current cost basis. Symbol, Date open, date closed, days held, type [CC or CSP], Info [ 24 Apr 20 $15 C], capital used, premium received to open, fee, premium paid to close, fee, profit, profit %, annualized [for fun], notes. Thats the basics of mine.

The other 1k $ I will use to buy US short term Treasuries (T-bills). IBKR only requires 1% margin for Treasuries with a maturity of less than 6 months -> this would imply a 100:1 leverage. quick calculation: the US-T GOVT Bill Oct04'22 has a ask yield of 2.248 %. 1000 $ with 100:1 leverage would mean 100.000 $ * 0,02248 = 2248 $ return (minus 5 ...

THETA GANG. Discover. About. v 4.25.0. Login / Register. SOUN. 46.7 % TSLA. 3.9 % MARA. 21.7 % RIVN. 6.3 % CLSK. 23.9 % GOOGL. -4.4 % HOLO. 81.5 % NVDA. 0.3 % … Canadians interested in investing and looking at opportunities in the market besides being a potato. Discussion is geared towards investment opportunities that Canadians have access to, including questions regarding individual companies, ETFs, tax implications, index investing, and more! ThetaGang is an IBKR trading bot for collecting premium by selling options using "The Wheel" strategy. The Wheel is a strategy that surfaced on Reddit , but has been used …212K subscribers in the thetagang community. We are selling options to WSB degenerates using thetagang strategies! 🐌 🐌 🐌GDX, XLU, and XLF are 3 of my favorite to trade options with in general right now. Honestly, I'll probably just be trading SPY, ES, or SPX, etc when my account gets a bit larger. My 401k that's 100% SPX fund beats the pants off any options shenanigans I can come up with. I’m up 180% on pltr calls.Discord server for people serious about making money. Hey all! I hope you are doing well. I created a discord server for people who are intentional about escaping the rat race. It covers the financial markets, business ownership, and personal finance. This is great brother. Don’t forget to start your YouTube channel soon also. SPX 0DTE theta gang. I’ve been practicing this for 4 months now, grinding through different market conditions, slowly scaling up, and I reached a point where I can consistently make ~$1k/day (on roughly $30k BO), selling PCS, CCS, condors, flies, etc. I’ve been on a winning streak for over two weeks now, but I’m staying humble and careful. The "thetagang approach" is an extremely unsophisticated[1] option selling strategy even in the realm of retail trading. If I were you I would spend some effort on actually learning about options, options strategies, and how to implement options selling strategies.28 Jan 2023 ... The Tasty Trade / Tasty Live videos on their website, and now on YouTube, were the best for me, providing you get past the feel good blather. Be ...For some random biopharma stock I get it, but acting like SPY isn't as safe a bet as it gets to do covered calls is essentially saying that you think the apocalypse is coming. If SPY becomes worthless the world becomes worthless. Yes it's a good idea for God's sake. If you sell CCs, you're going to miss big gains on the days it goes up a lot.The 51 DTE SPY 21-delta put is $340P. 11/18 exp. Last price $5.38. If you hold the 12 DTE position to expiration, you collect $2.29 or $0.19/day. If you hold the 51 DTE position for 11 days and close at 50%, you collect $2.69 or $0.24/day. This example is a little weird, because of where we are in the monthly cycles - the expirations go from 37 ...

The only issue is they will tell you cases where you should trade longer DTE and strategies for shorter DTE. All of the trades you mentioned can be profitable. Knowing when to use what and when to not trade comes from practice. Selling options can be a successful strategy, but has no inherent edge of being long. 7. The other 1k $ I will use to buy US short term Treasuries (T-bills). IBKR only requires 1% margin for Treasuries with a maturity of less than 6 months -> this would imply a 100:1 leverage. quick calculation: the US-T GOVT Bill Oct04'22 has a ask yield of 2.248 %. 1000 $ with 100:1 leverage would mean 100.000 $ * 0,02248 = 2248 $ return (minus 5 ...It represents the time decay of an option, and is typically expressed in terms of dollars per day. Theta is an important metric to consider when trading options, as it can have a significant impact on the value of an option over time. Theta can work over the weekend, as the time decay of options does not stop when the markets are closed.Beat the capitalists at their own game with ThetaGang 📈. ThetaGang is an IBKR trading bot for collecting premium by selling options using "The Wheel" strategy. The Wheel is a strategy that surfaced on Reddit , but has been used by many in the past. This bot implements a slightly modified version of The Wheel, with my own personal tweaks.Instagram:https://instagram. took a powder crossword cluekpot korean bbq mcallenkansascom sdnspectrum outage georgia Thinking of selling covered calls on IWM M/W/F. I have about $14,000 and plan on buying 100 shares of IWM by using margin. I would be selling covered calls with ~.30 delta. The plan is to a sell a CC on Monday for the same day expiration, sell a CC on Tuesday for Wednesday expiration and sell a CC on Thursday for Friday expiration. kelly hart loyal fansbest small suv for gas mileage 2 Apr 2023 ... The idea that you should only sell premium is overly simplistic. You just have to understand the risks. There are more ways to lose money buying ... hotels with buffet near me 28 Jul 2023 ... Don't fight the trend. if the market wants to go up, go up with it until it starts to go down. And most importantly, if you're not in the right ...Sort by: Add a Comment. MichaelBurryScott. • 3 yr. ago. Yes, there is no issue in letting SPX options (long or short) expire. There is no assignment risk nor AH movement risk. It's all gonna settle to cash. The only case you might be careful with is AM expiry. No massive risk or anything, just the settlement price will not be determined until ... TOS is better in every other way. TW is actually $1.29 for options on most underlyings (more on SPX and others with higher fees), when you consider the fees. Normally $0.15 at open and $0.14 at close. The 15 and 14 aren't commissions, those are collected by options clearing house and the exchange.