Update (12/31/2022):
It seems that new users have trouble registering for the forum. The confirmation email never shows up. I’ve decided to phase out this forum and transition over to a new forum plugin. The new location is here:
https://earlyretirementnow.com/forum-3/
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Last seen: Oct 20, 2022
Thanks for the update! I definitely took a few bad losses this year (last drawdown on 9/12 option) and my bond holdings didn't help. I'm hoping to cus...
@mpaziran Ughh...I had the same exact strike. I closed it out a little earlier but still took a $4k hit. I sold Monday's expiration at the 4070 strike...
Whew! Hopefully no one took an L today with their strikes. My 4465 put was 13 points ITM at the bottom today but luckily it rebounded back up to expir...
@earlyretirementnowcom Yea. Lets hope it stays flat for the rest of the day and tomorrow. Another silver lining is that the premiums are juicy again!
Yes, it doesn't require additional margin and you earn premium on both sides when it trades sideways. The negative is that with put-call skew towards ...
I'm still new to this as well but from what you described about choosing lower delta but more contracts: The danger will be if you get tested on the d...
Crazy pop on the VIX today and the highest since 5/12/21. I just sold a 4180 put for $6.6 at a 9 delta. Premiums are very juicy right now but of cours...
For those who are interested, I've been looking at the IV rank and put/call spreads when I sell options. SPY is currently showing +9.3 towards the put...
@e-trader Exactly! When VIX pops is when there's lots of juice to squeeze. I've learned to just try to stay constant with my deltas and dont get too g...
I hope theres a little rebound towards market close so you guys dont take too much of a hit! My strike expiring today is at 4200. I sold Weds expire a...
Thanks for the replies. Sorry, I probably wasn't clear with my question. I was referring to setting up an S corp with my after tax account portfolio s...
@earlyretirementnowcom I sold mine at 4055 for $1.40. 2.9 delta. I sold a call thats expiring today at 4215 so ill probably be ITM at close. So far...
@navypack Sold today's expire at $1.35 4050 strike. Also sold a call at $0.70 4200. I finally popped my cherry last week and took a itm loss on We...
@nobatmanjokes I didn't realize there's additional information to fill out on the tax form if you do a straddle. What I'm doing is a strangle which ...