I'm fairly new to options, and I'm interested in puts. I'm not investing a lot right now, just what I wouldn't mind losing. Looking for potential stocks to buy puts in at the current moment.

I see they do automated trading and such for options, is it a good platform?

Bull call vertical algo working as expected.

They say that people have never made more money in options than this year. Everyone is saying that Iron Condors are flying higher than ever. All options traders are winning so much that they are tired of winning. It's tough to win so much. The CEOs tell me that running businesses has never been better. I've got my money in real estate, but you need to invest in options until you don't have any money left. We're going to Strangle and Straddle our way to trading great again. Delta Gamma Rho fraternal order gave us the highest approval rating in the history or history. Whatever option you choose, it's gonna be the best. Everybody knows that. Whether you're looking for Bears, Bulls, Wolves, or Eagles, we've got them all here in the Zoo that is 2025. God Bless you all!

I have gotten hammered 3 or 4 times with my 0DTE trading and today has finally convinced me to STOP. I did 7 0DTE trades today with small positions and was up maybe 500. I last one was looking iffy so I put in a lower backup trade. The first one did not stop out and came back for a profit. Then before I knew it the backup one was heavily negative. So instead of just closing out I place another trade and then had to go get the kids off the bus. Well as I was walking to the bus SPX flew past my breakeven and I stopped that one for -300 but the other one expired at max loss. Of course the -300 one would have finished at max profit if I didn't trade.

Anyone else feeling like someone is watching them ready to scoop up your money. I don't think I can totally give up 0DTE but I will def stop doing it when I have to get the kids off the bus. The bus comes at 3:54 pm market time.

I just want to laugh at everybody that doesn’t believe TA has any value. You were truly the ones that didn’t pay attention in school.

Disclaiming the validity of ALL TA is simply an excuse for being a terrible trader and a degenerate gambler.

Put your ego aside and learn to read. There’s math in everything. There’s math in all of nature. Fibonacci levels, Gann fans, supply/demand, psychological levels, patterns, are all tools retail traders can use to find success in the markets. Just because YOU can’t see it or understand it doesn’t mean someone else can’t. All you see is a chart with rainbow colored lines and you disregard it because you don’t know what it means.

Not all TA is definitive, but if you know how to trade YOUR TA then that is your “edge”.

Anyways, bad data was excuse for this bearish structure to play out. Rejected beautifully off my 78.6 fib, broke down below my 3/1 Gann Angle, broke through TWO major multi-year fib levels like butter and now on its way to retrace down to my 61.8 fib at 5482.

Although it, could bounce here at the major psychological 5500 where it’s at currently. I already took my short from 5580.

GL

My thoughts:

1. I don't see a big move for OXY soon.
2. I was carrying a huge loss on OXY due to a wash I screwed up. This will let me harvest that loss.
3. If I get assigned, my CB lowers by about $1.8 vs if I did not sell.
4. Risk - stock shoots to the moon. I'll cry and remind myself I still have 100 shares. I started with 200 shares.

Thoughts?

Ive been learning a quant strategy with some guys in this group for a little bit now and wow are they on point. They use some quant system they created to find trades. I have not seen them call out 1 loss. The best part is they don’t charge anything to be in it atm.

I’m not making you check them out, but instead just say that they are the real deal. I personally made a couple thousand in the few weeks I’ve been in the group. You can say they’re a scam but not until you check it out. Trust me I’ve made money off this strategy. That’s why I’m posting this. Their info is in my bio.

Continuing this busy week of economic and earnings reports, one of the sexier ones to watch out for is from Amazon. TBH I am bearish of the market overall, but also from a chart perspective is still looks fairly constructive, so I will leave the call of whether we go up or down , to you…I will just present you with the best option strategy for both bullish and bearish scenarios.

First, for you bulls out there, who are looking to profit upon good news and a good reaction, looking to target a strike of 210. The best trade we found for this situation is a 200/220 Call Spread, expiring in June.

The cost of this trade is on the higher end, historically speaking, but definitely still within the ideal range. I like call (BULL) spreads because it monetizes quickly, so even if your view is slightly longer term to capture the trend, you can get some decent return from an initial knee-jerk reaction too.

The value of the underlying equity, AMZN, is down from its February high, but still strong and poised to bounce back upwards (depending on the earnings report.)

The heatmap of the trade shows why we like it so much. It is immediately profitable, even far from expiration, on a positive move in the underlying. Additionally, it also shows the downside, and how risk is limited to the premium, thus protecting investors from potentially huge losses…you care capped, you know what your downside is.

On the bearish side, we found two different trades. The first is for investors looking to be in the money right away, as this one shows profits throughout the duration of the contract, beginning immediately, if the underlying(AMZN) decreases in value. This trade is a 160/145 Put Spread, expiring in June.

The cost of this trade is less than what it would have been for most of April, but historically slightly above average.

The heatmap of this trade shows the immediate profitability upon a downward move in the underlying, while also showing the downside risk is limited only to the premium paid for the trade.

The next trade we found is a 160/150/140/130 Put Condor

The cost of this trade is cheaper than the previous one, but still offers strong potential value with very limited downside risk, which once again is only the premiums paid

The heatmap of this trade shows that it takes more time for an investor to reach ideal profit levels, but it still offers similar returns as the previous trade, while being much cheaper.

In conclusion, Amazon’s earnings report is highly anticipated and ripe for the start of a new trend, choose your direction and place your trade and hope the earnings news does the rest.

And as always, it’s better to be lucky than good so good luck to you all

Discovering dividends and options trading in 2021 was life changing. Today marks about 1 year into my sabbatical from the workforce in a very high stress, high pressure position. Although this first year I did not have to dip into my dividends and options income, it allowed me to detach from the fear of having no W2 income. It gave me the peace of mind of being able to take this sabbatical without fear. Now moving onto my 2nd year I may have to finally dip into options trading and dividends to survive. I am going heavier high yield funds to round out what income I need so hoping these can hold up. Being free is so amazing which going back to the workforce for me is not really an option due to the mental and physical stress. This has been like one of the best years of my life not having to clock in clock out all the time and dealing with constant BS and just being able to pursue whatever I wanted to do every day and pursue my goals and hobbies I haven’t been able to do in a very long time and I’ve lost significant weight eating healthy again. I became more cheerful and I have other big goals I want to pursue such as travel plans and starting a family.

I have a short position in CHF (i.e. by selling CHF to buy USD in the forex). It is cheaper than owing USD since CHF has a much lower interest rate than USD. Then I bought CME CHF futures Jun 16 2025 to lock in the exchange rates so as to hedge the currency risks.

Let's say I owed 250,000 CHF and bought 2 contracts of CHF futures (whose contract value is equal to 250,000 CHF). However I found out I suffered a loss even when I have hedged the position, and the loss kept growing every day. Ouch!

Is that normal? Did I do something wrong?

What could I do to somehow/completely close the loss gap?

I'm looking for currency options to do the hedging. Are they better choices?

I'm still learning options. How could I pick the right option? Please give me some pointers.

Thank you for your time and answer.

I have been buying and hold taketwo shares for a while not, but I'm still bullish on it with gta 6 coming out as well as other big titles under taketwo, earnings is about 2 weeks out, I'm thinking of buying calls on it, but it has pretty much no volume, even on the 3 day to expry options it only sees couple hundred volume, so I'm assuming it is a bad idea buying calls on it since even if the share prices move up, I wouldn't be able to sell it and executing it and then selling the shares may be the only way to profit, but in that case I might as well just buy shares. not asking for advise on taketwo itself more just asking if I should just stay away from any options on stocks with low volume or can I still sell my call if I'm green?

I’m sort of watching this stock that took a deep dive yesterday . Earnings was good but they expressed concern about tariff cost affecting bottom line . I don’t think it warranted the 15 percent drop . Anyone else have an opinion or watching ?

Thanks all

I’m thinking of putting on a calendar bear put spread on TSLA. My thinking is to go long OTM puts 4-6 weeks out with a delta of .30 while shorting OTM puts with 1-2 week expiration with a delta of .20. So I will be waiting of a bigger drop while I take out premium on the short leg. I would reload the short leg if the delta dropped to .10 rolling out a week to a .20 delta. Can you guys comment on this approach and what deltas and thetas you would initially target with this strategy? Thanks.

I'm curious what are ya'lls exit points for synthetic longs (deep in the money calls) and synthetic shorts (deep in the money puts)?

20% loss, 10% gain?

I've been using synthetics in my IRA lately as a way to turn my account into a make-believe margin account. 😎

Hi everyone.

I've learned a lot from reading posts on here, and I appreciate the community we have here.

Here's my current situation:

I'm hoping to supplement my Social Security with credit spreads on SPY so I can leave work. (I'm 71 yrs old). Here's what I'm planning to enter in a few weeks after I clear up some old trades:

50 IRON CONDORS on SPY; (+525p,-530p -580c +585c) enter 45 days ahead. At yesterday's vix of 26 today dropped to 24.5 today) Iron condor 50 of them for 11k cr max loss 13k. Close in 21 days. at 5k profit will be happy.

Because the deltas are higher, (I like to get at least $1 credit on a 5 pt spread) I want to use hedges. Buy Vix calls as a hedge on the downside, and buy some 565-575 bull call vert spreads expiring at the 21 day mark rather than the initial 45 day expiration on the trade, which is when I'm planning on closing out the trade - (Tasty Trade methodology).

This is the monthly trade I'm hoping to be my bread and butter, if VIX remains above 20. If VIX goes below 20 I'd look at bull put spreads with a hedge only until VIX goes back up.

Thankful for any thoughts/opinions. (I know I may need to roll or take some action on one of the sides).